Which of the Following Characteristics Is True About a Low

question 69

Multiple Choice

Which of the following characteristics is true about a low long-term orientation?

• A)Family is the basis of society.
• B)Parents and men have more authority than young people and women.
• C)A strong work ethic exists.
• D)People are highly creative; individualism exists.
• E)High value is placed on education and training.

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Definitions:

NPV Method

A capital budgeting technique that calculates the difference between the present value of cash inflows and outflows over a period of time to assess the profitability of an investment.

Reinvested

Refers to the practice of using profits or dividends earned from an investment to purchase additional shares or units, thus compounding the investment's growth.

Cost of Capital

The minimum rate of return a company must earn on its investments to maintain its market value and attract funds.

Capital Rationing

The process of selecting the most profitable projects to invest in when funds are limited.