Precision Jewelry has 45 stores in major malls around the country; The Company is considering starting an

Question:

Precision Jewelry has 45 stores in major malls around the country; The Company is considering starting an online business, Precisioniewelry.com, which will require a substantial investment in technology.

Required
Identify a potential benefit of the online business that would be difficult to quantify in a analysis.

Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...