The ________ Approach Is Used to Convert the Net Present

question 89

Multiple Choice

The ________ approach is used to convert the net present value of unequal-lived projects into an equivalent annual amount (in net present value terms) .

• A) internal rate of return
• B) investment opportunities schedule
• C) risk-adjusted discount rate
• D) annualized net present value

---

Definitions:

Modernization Theory

A theory suggesting that traditional societies will develop economically as they adopt more modern practices and technologies.

Global Village

A term coined to describe a world in which communication technology has virtually eliminated geographical distances, making the world more interconnected.

Indigenization

The process of adapting practices, methods, or knowledge to fit local cultural contexts, especially in reference to decolonization efforts and promoting local traditions in various fields.

Cosmopolitanism

Seeing culture as fluid, which helps individuals resist cultural homogenization.