Internal rate of return (IRR) is a rate at which the discounted income from investment equals to zero. It is not the ratio between the project’s cash inflow and outflow, it is rather the rate at which the project’s net present value (NPV) is equal to zero.The rate is used as one of the possible indicators that allow to make a conclusion about the project’s profitability. Together with severa... read more
3 pages
900 words
1. Managers should base pricing decisions on both cost and market factors. In addition, they must also consider legal issues. Describe the influence that the law has on pricing decisions.
Legislation may influence pricing decisions in various ways. The simplest one is the direct influence that involves setting the minimum or maximum retail price for a certain product. For exampl... read more
1 page
300 words
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