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The danger associated with remaining customer-led is that:
Discounted Payback
The period of time it takes for an investment’s cash flows, discounted at a particular rate, to cover its initial cost.
Discounted Payback Rule
A capital budgeting technique that determines the amount of time required for discounted cash flows from a project to repay the initial investment.
Pre-Specified Period
A defined time frame agreed upon or determined before the start of a certain process or event.
Discounted Payback Period
The time it takes to break even from an investment based on the present value of its cash flows.
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