Examlex

Solved

When Individuals Continue on a Failing Course of Action After

question 55

Short Answer

When individuals continue on a failing course of action after information reveals this may be a poor path to follow is called ________________.


Definitions:

IRR

Internal Rate of Return; a financial metric used to estimate the profitability of potential investments, calculating an annual growth rate.

Profitability Index

A fiscal indicator that evaluates an investment's comparative profitability by calculating the ratio of the present value of future cash inflows to the upfront cost of the investment.

Present Value

The immediate worth of a future financial amount or sequences of cash flows, using a specified rate of return for calculation.

Invested Costs

Costs that have already been incurred for a project or investment.

Related Questions