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What is the final step in failure modes and effects analysis?
Expansion
describes the phase in a business or an economy's lifecycle where it is growing in size, reach, or production capabilities.
Adjacent Lot
A parcel of land located directly next to or in close proximity to another parcel.
Equipment
Physical assets used in the operation of a business, often requiring significant capital investment.
Initial Cost
Refers to the initial expenditure or investment required to start a project, acquire an asset, or launch a business operation.
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