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The Nu-Tech Company has a new project available to it at a cost of $6 million. The project that they can sell 13,000 personal organizers at $172 in net cash flow for each of the next five years. Nu-Tech's discount rate is 15%. What is the NPV of the investment? The executives of Nu-Tech are concerned about the potential of future competition and a subsequent drop in sales and price. If after two year you can dispose of the asset for 1.0 million at what price would it make sense to abandon the project?
Direct Supervision
A management approach where supervisors have a direct oversight and control over the work and behavior of their subordinates.
Schwarz's Values
A theory proposing ten universal value categories that encompass individual motivations and guide behavior, developed by Shalom H. Schwartz.
Hedonism
The ethical theory that pleasure (in the sense of the satisfaction of desires) is the highest good and proper aim of human life.
Universalism
The ideological belief in universal applicability or effectiveness of concepts across different cultures or situations.
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