Examlex
The decreased use of enterprise resource planning (ERP) reflects the fact that firms are not interested in combining the computerized functions of all divisions and subsidiaries of a firm.
NPV
A financial analysis approach that determines the present value of an investment's expected cash flows minus its initial cost, used to evaluate the attractiveness of projects.
Net Income
The net income of a company, calculated by deducting all costs and taxes from its total revenues.
Accounting Break-Even
The sales level that results in zero project net income.
Forecasting Risk
The possibility that errors in projected cash flows lead to incorrect decisions.
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