Examlex
Using a higher risk adjusted discount rate makes NPV smaller so projects are less likely to be accepted. But a higher rate has no effect on the computed value of IRR and therefore doesn't make any difference to the likelihood of project acceptance.
Competitive Advantage
The attributes that allow an organization to outperform its competitors, including cost, product quality, or unique business models.
Network
A system of interconnected computers, servers, or devices that can communicate and share resources.
Low-Cost
Referring to products, services, or strategies designed to be affordable or cheaper than the majority of comparable options.
Rivals
Competitors who are in direct competition with one another, often within the same industry or market.
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