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What are "discretionary calories?"
Payback Period
The time required for an investment to generate income or profits equal to the original cost of investment.
Capital Budgeting
The process of evaluating and selecting long-term investments that are in line with an organization's strategic goal.
Capital Improvements
Long-term investment expenditures made to improve, upgrade, or extend the life of a capital asset, often resulting in increased operational efficiency or capacity.
New Ventures
Initiatives or startups that are in their early stages of translating new business ideas into operational businesses.
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