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Why a cashless society are risks over opportunities?
How does it destroy people's daily life?
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- Our world is gradually turning into a cashless world. To what extent will a cashless lifestyle affect you?The company that you manage has invested $5 million in developing a new product, but the development is not quite finished. At a recent meeting, your salespeople report that the introduction of competing products has reduced the expected sales of your new product to $3 million. If it would cost $1 million to finish development and make the product, should you go ahead and do so? What is the most that you should pay to complete development?Please make sure the answer is correct 100% Why does cost of capital play an important role in decision-making?
