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Mission Critical Factors Are Factors That Are Essential to the Success

question 77

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Mission critical factors are factors that are essential to the success of certain functional areas of an organization.


Definitions:

Discounted Payback

The period of time it takes for the sum of the discounted cash flows to pay back the initial investment.

Payback

The amount of time it takes for an investment to generate enough returns to recover the original investment cost.

Average Accounting Return

A financial ratio that reflects the average net income of an investment compared to its average book value.

Liquid Investments

Assets that can be easily converted into cash with minimal impact on their value.

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