When the risk of obsolescence is high,managers will want

Name: When the risk of obsolescence is high,managers will want
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the risk of obsolescence is high, there is a greater likelihood that the investment will become outdated and lose value quickly. As a result, managers will want a shorter payback period to ensure that they recoup their investment as quickly as possible before it becomes obsolete. This will reduce the risk of losing money on the investment.

When the Risk of Obsolescence Is High,managers Will Want