A rapid payback may be important to firms having rapid technological development.

Name: A rapid payback may be important to firms having rapid technological development.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Rapid technological development often requires frequent investment in newer technology and equipment, which can be expensive. Therefore, a rapid payback period is important to ensure that the investments made can be recovered quickly and continue to fund further technological advancements.

A Rapid Payback May Be Important to Firms Having Rapid