The time a firm needs to recover its investment is called the:
APaygrade
BPayback
CPayload
DPaywall
Answer & Solution
Correct answer: B. Payback
1. The money spent must come back.
2. The measure is a time frame.
3. That measure is payback.
_Source: OpenStax Principles of Marketing, Chapter 10, Maintaining a Competitive Edge with New Offerings._
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