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The innovation management system approach yields two favourable outcomes: it helps create an innovation-oriented company culture and it ________.
Discount Rate
The rate of interest applied to discount future cash flows back to their current value, commonly employed in evaluating investments and planning for capital expenditures.
Salvage Value
The approximated financial return of an asset at the termination of its usefulness.
Operating Costs
Expenses associated with the day-to-day functioning of a business, excluding the cost of goods sold.
Flat Fee
A pricing structure where a single fixed charge is applied for a service, irrespective of usage or time required.
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