Examlex
What is meant by first-mover advantages? Describe three first-mover advantages for international businesses.
Capital Budgeting
The process by which a business evaluates and selects long-term investments that are worth more than their cost to achieve strategic goals.
Cash Flows
The total amount of money being transferred into and out of a business, which affects the company's liquidity.
Initial Cost
The upfront expenditure related to acquiring or starting a new project or investment, not including ongoing or future costs.
Risk Level
A measure of the uncertainty associated with achieving return objectives within investing, often determined by the volatility in asset prices and market fluctuations.
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