Why Is Writing in the Active Voice Beneficial

question 38

Essay

Why is writing in the active voice beneficial?

Understand the concept and calculation of internal rate of return (IRR) and its impact on project decision-making.

Comprehend the definition and significance of the profitability index (PI) in assessing project viability.

Grasp the understanding of discounted payback period and its role in project evaluation.

Learn the concept of average accounting return (AAR) and its application in measuring project profitability.

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Definitions:

Mass Customizing

A manufacturing and marketing technique that combines the flexibility of personalization with the low unit costs associated with mass production.

Employment Experience

The cumulative knowledge, skills, and understanding that an individual gains through participating in the workforce.

HR Supply

The availability of human resource talent that an organization can draw upon to meet its needs.

Employee Loyalty

The dedication and commitment of an employee to the organization, often reflected in their willingness to stay with the company long-term and contribute to its success.