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__________________ is the most efficient way of gaining new customers and retaining existing ones in international markets.
Payback Period
The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.
Net Cash Flow
The sum of all cash receipts minus all cash payments over a period, reflecting the company's liquidity position.
Payback Period Method
A capital budgeting technique that calculates the time needed for an investment to generate cash flows sufficient to recover the initial investment cost.
Capital Budgeting Decisions
The process of planning and evaluating investments in long-term assets, considering their potential to generate future profits.
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