week 10
1. In the reading, I found it very interesting that an entrepreneur must produce efficiently before worrying about sales according to the production-driven philosophy. I found this surprising because I originally thought that after extensive research on the market, you should have good idea of how much will sell and then produce that much.
2. One concept I found confusing was Capital Budgeting, mostly because it is a mathematical concept. I find problems like this challenging especially in my finance course.
3. Why is it necessary to use the IRR method if the NPV is so similar and effective?
How did you decide on the five easy steps in the research process?
4. There is nothing I disagree with the author about.
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