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As the new engineering manager in a high tech firm, you are concerned about the increasing technical obsolescence of your professional staff. Discuss the actions you might take and the programs you might support to reduce this problem.
Cash Inflow
The total amount of money being received by a company, often from its main activities such as sales of goods or services.
Investment Required
The amount of capital needed to undertake a project, purchase assets, or start a business to generate future returns.
Capital Budgeting
The process of evaluating and selecting long-term investments that are in line with the goal of shareholder wealth maximization.
Discount Rate
The interest rate used to discount future cash flows to their present value, often used in investment appraisal.
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