The ______________ Approach Advocates a Holistic Goal Approach That Takes

question 33

Multiple Choice

The ______________ approach advocates a holistic goal approach that takes into account an organizational's environmental,social and financial performance.

• A) 360 degree evaluation
• B) performance appraisal
• C) triple bottom line
• D) all of the above
• E) none of the above

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Definitions:

Break-Even Time

The period required for a business to generate enough revenue to cover its total costs, reaching a financial state where profit and loss are exactly balanced.

Payback Period

The length of time it takes to recover the initial cost of an investment, calculated by dividing the investment cost by annual cash inflows.

Hurdle Rate

The lowest acceptable profit that a project or investment must generate to meet the requirements of a manager or investor.

Projected Cash Flows

Estimates of the amount of money expected to flow in and out of a business over a future period.