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In nonlinear models,which of the following statements are correct?
Long-Term Investments
Assets or securities that are held for an extended period, typically over one year, for capital growth or income generation.
Planning
The process of making plans for something, including setting goals, defining actions to achieve the goals, and mobilizing resources to execute the actions.
Managing
The process of directing, controlling, and administrating an organization or effort towards achieving a set goal.
Capital Budgeting
The process used by companies to evaluate and prioritize major investments and expenditures.
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