In what situations is the payback period method especially useful?
The payback period method is especially useful in areas in which technology changes rapidly, such as in Internet companies, and when risk is high, such as when investing in emerging countries. In these situations, it is important to recover the cost of investments as quickly as possible.
Business
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Governments occasionally protect certain industries, like defense-related industries, for _____ reasons.
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following is the strategic objective of the defensive core strategy, protect position?
A) maintain profits B) improve competitive position C) maximize cash flow D) diversify growth E) grow in existing markets
Business