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Which of the following steps within the systems implementation phase could not occur concurrently with other steps, but would occur at the end?
Explicit Costs
Explicit costs refer to direct payments made for the operation of a business, like wages, rent, and materials.
Entrepreneur's Talent
The unique set of skills, insights, and experiences that an entrepreneur brings to a business venture, often driving its success.
Annual Lease
A contract specifying the terms under which one party agrees to rent property owned by another party for a period of one year.
Normal Profit
The minimum amount of earnings that entrepreneurs must achieve to cover the cost of operating, essentially the breakeven point beyond which a business earns profit.
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