The length of time needed for a long-term project to recapture its initial investment amount is called the:
A) discount period.
B) internal rate of return.
C) present value.
D) payback period.
D
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The experience curve concept suggests that production costs tend to decrease as production increases regardless of where an industry is at in its life cycle.
Answer the following statement true (T) or false (F)
Often the close of the sale comes after the sales presentation.
Answer the following statement true (T) or false (F)
When Lucifer joined his company as CEO, he instituted an organization-wide focus on understanding the requirements of customers, making sure that everyone in the organization understood the customer marketplace. Lucifer was practicing ________.
A. a human resources policy B. a product reflow C. an organizational reorganization D. a culture modification E. a customer orientation