General Studies · Entrepreneurship & Financial Analysis
Which of the following is an important quantitative financial criterion used for assessing the viability and success of a commercial enterprise or project?
- 1Selecting the cheapest available raw materials
- 2Paying only the statutory minimum wages to workers
- 3Internal Rate of Return (IRR) exceeding the required hurdle rate (e.g., 12%)✓
- 4Employing the minimum possible number of employees
Correct answer
Internal Rate of Return (IRR) exceeding the required hurdle rate (e.g., 12%)
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