Which of the following is a capital budgeting method that ignores the time value of money?
A) payback
B) internal rate of return
C) return on assets
D) net present value
Answer: A) payback
Business
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A market penetration pricing strategy calls for setting price levels that are high enough to quickly build market share
Indicate whether the statement is true or false
Business
Which of the following is the best way for a company to increase selling time?
A) implementing high-commission plans B) reducing the number of customers C) sharing less information with customers D) simplifying administrative duties E) implementing mass customization
Business