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According to Porter, the competitive advantage of a nation depends on the collective competitive advantages of the nation's firms.
Net Present Value
The difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to assess the profitability of investments.
Future Cash Inflows
The projection of money expected to be received by a business or investment in the future.
Rate of Return
The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.
Net Present Value
A calculation that compares the present value of a project’s cash inflows with the present value of its cash outflows, used in capital budgeting to assess profitability.
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