The Technological Segment of Environmental Analysis Includes

question 118

Multiple Choice

The technological segment of environmental analysis includes

• A)institutions and activities involved with creating new knowledge and translating that knowledge into new outputs.
• B)the determination of when machinery will need to be replaced in a given firm.
• C)the need for new technology in order for a firm to gain a competitive advantage.
• D)places where a firm's technology will allow that firm to dominate a given market.

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Definitions:

Income Tax Expense

The amount of money a company owes in taxes based on its taxable income.

Capital Budgeting

The process of planning and evaluating investments in long-term assets, considering the potential returns and strategic fit with the organization's goals.

Straight-Line Depreciation

A method of allocating the cost of an asset evenly over its useful life.

Net Present Value

The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used in capital budgeting to assess the profitability of an investment.