Key Success Factors Are

question 72

Multiple Choice

Key success factors are:

• A)Factors that lead a firm's rivals to be successful in the industry
• B)Factors derived from the competitive environment that a firm must satisfy if it is to succeed
• C)Entirely internal factors which determine a firm's ability to survive and prosper
• D)Factors in the five forces of competition that are critical for a firm's survival and prosperity

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Definitions:

Discouraged Workers

Individuals who have stopped looking for employment due to the belief that there are no job opportunities available for them.

Unemployment Problem

A socioeconomic issue characterized by a high number of individuals in the workforce who are unable to find jobs.

IRR Criterion

The Internal Rate of Return (IRR) criterion is a financial metric used to evaluate the profitability of investments by identifying the interest rate at which the net present value of all cash flows (both positive and negative) from a project or investment equals zero.

NPV Method

The Net Present Value method, a way to evaluate investments by calculating the present value of all cash flows associated with the investment, minus the initial investment cost.