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In the example described in the text, on September 11, 2001 Wal-Mart recognized it had sold out of American flags and quickly re-ordered them. What technologies allowed Wal-Mart to re-order ahead of Target?
Discounted Payback
A capital budgeting method that calculates the time required to recoup an investment based on discounted cash flows.
Stockholder Wealth
The total value of all financial assets owned by the shareholders of a company, often measured by the market value of the shares held.
Net Present Value
A method used in capital budgeting to evaluate the profitability of an investment or project, considering the time value of money.
Project
A temporary endeavor undertaken to create a unique product, service, or result with defined beginning and end.
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