A Small Project Has a Cost of $12,000 to Implement

question 25

Multiple Choice

A small project has a cost of $12,000 to implement and is expected to have annual cash flows of $3,000.What is its payback period?

• A)One year
• B)Two years
• C)Three years
• D)Four years

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Definitions:

Leadership Traits

Inherent characteristics or qualities that are thought to be beneficial for effective leadership, such as integrity, confidence, and intelligence.

Initiative

The ability to assess and initiate things independently, often leading to new ideas or actions without being directed by others.

Leadership Labyrinth

A metaphor for the complex challenges and barriers that leaders, especially women, face in rising to top positions in organizations.

Glass Ceiling

A metaphorical barrier preventing minorities and women from advancing to higher positions in corporations and organizations due to bias and organizational structures.