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Two-step communication suggests that mass communicators should direct messages specifically to opinion leaders and let them carry the message to others.
Required Rate of Return
The minimum annual percentage return that an investor expects to achieve when investing in a particular asset or project.
NPV
Net Present Value, a financial metric used to assess the profitability of an investment, calculated as the difference between the present value of cash inflows and outflows.
IRR
Internal Rate of Return is a financial metric used to evaluate the profitability of potential investments, representing the discount rate that makes the net present value of all cash flows from a particular project equal to zero.
Mutually Exclusive
Describes options or projects that cannot both be chosen such that if one is selected, the other must be rejected.
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