Answer:
c. 2.50 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $500
In year 1 = $150
In year 2 = $200
In year 3 = $300
If we sum the first 2 year cash inflows than it would be $350
Now we deduct the $350 from the $500 , so the amount would be $150 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $300
So, the payback period equal to
= 2 years + ($150 ÷ $300)
= 2.50 years
In 2.50 yeas, the invested amount is recovered.
Answer:
Product substitute
Explanation:
Product substitute is defined as one that meets similar needs of the consumer. As demand for one of such goods rises the demand of the other tends to fall as the meet similar needs.
In the given scenario organic meats are seen as being substituted by organically grown nuts as a source of protein.
So when Hain Celestial has dwindling sales of organic meats they were considering organically grown nuts as a different product to give to customers
Answer: rotate the bottom to the right, top to bottom and right to top
Explanation:
Answer:
Fulfilling client's expectations
Explanation:
Project management can be defined as the use of skills, tools and knowledge to effectively execute a project.
The Project Management Institute (PMI) aims to develop the project management profession.
PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.
Initially client satisfaction was not included in Project Management definition.
According to them project management is the use of skills, tools, and knowledge to meet and exceed customer expectations.
This definition now different from the previous one that focuses on meeting project specifications
