• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint

Chapter 13. Economic Lens

The economic lens looks at a proposed investment—money, material, time, people, and other resources—to determine the probability of recovering the investment and earning a return commensurate with the risks. Focus: Will it pay?


The economic lens evaluates the probability of reaching a desired financial goal when the outcome is not predictable. A risk-taking analysis is helpful whether you have organizational responsibilities—such as improving productivity, leveraging intellectual property, expanding market share—or you are handling personal finances—planning for college, buying long-term care insurance, refinancing your home, investing for retirement.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint