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Detailed, written job descriptions can fail to maintain their relevance over time, as jobs change rapidly in today's dynamic, global economy. What reasons does the text suggest for this failure?
Internal Rate
Often refers to the internal rate of return (IRR), which is a discount rate that makes the net present value of all cash flows from a particular project equal to zero.
Return
The amount of profit or loss gained from an investment relative to its initial cost.
Project A
Not a definitive key term without additional context; it likely refers to a specific, named project within a given context. NO.
Net Present Value
The gap between how much cash comes in and goes out, measured in present value terms, during a certain period.
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