How is a net present value profile used to compare projects? What causes conflict in the ranking of projects via net present value and internal rate of return? Does the assumption concerning the reinvestment of intermediate cash inflows tend to favor NPV or IRR? In practice, what technique is required and why?
Explain how and why the critique of sexual difference intersected with a (postmodern) critique of representation in the later 1970s and early 1980s. Consider why photography had an important role and the significance of image-text relationship in this type of practice. As Craig Owens states in his paper ‘The Discourse of Others: Feminists and Postmodernism’ (Owens, 1983), the 1970s and 80s saw a coming together of the (mainly) feminist and queer theory critiques of sexual difference and the erosion of perspectivalist and univocal theories of vision and representation. As this paper shall assert, both of these positions can be seen to be traceable back to a single ontological and aesthetic rupture: the breakdown in what Lyotard was to term the grand or “meta narrative” (Lyotard, 1984: xxiv) and the subsequent rise in notions such as polyvocity (Deleuze and Guattari, 2004), heteroglossia (Bakhtin, 2000) ecriture feminine (Cixous, 1980) and differance (Derrida, 1997). This paper will also assert, through of the work of Roland Barthes especially, that photography had a major significance in exemplifying the kind of aesthetico-ontological concerns and strategies of postmodernity and poststructuralism; chiefly through such notions as the punctum (Barthes, 2000); “the obtuse meaning” inherent within still visual images (Barthes, 1983) and the play of meaning between image and linguistic sign. This paper represents then an attempt to not only understand photography’s place within critical theory over the last two decades or so but how this provides a mirror to the wider movements of philosophical thought. The critique of sexual difference can be seen to emanate from a wide variety of authors (Foucault, Derrida, Kristeva, Wittig etc) however, within the mandates of this paper, I should like to look at two main theorists that have special relevance: Luce Irigaray and Helene Cixous, both of whom have been seen to challenge the phallic hegemony and its role in normative representation. As Elizabeth Grosz (1994) points out, one of the chief critiques inherent within the second wave feminist movement of the 1970s and 80s was its contention that the philosophical and social subject had alw>GET ANSWER