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Discuss on leadership behaviors, organisational socialization and organization culture.

Discuss on leadership behaviors, organisational socialization and organization culture.

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Answer #1

The payback period refers to the amount of time it takes to recover the cost of an investment. Simply put, the payback period is the length of time an investment reaches a break-even point.

The desirability of an investment is directly related to its payback period. Shorter paybacks mean more attractive investments.

Although calculating the payback period is useful in financial and capital budgeting, this metric has applications in other industries. It can be used by homeowners and businesses to calculate the return on energy-efficient technologies such as solar panels and insulation, including maintenance and upgrades.

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