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Meeting task needs first involves __________ and defining desired outcomes for the team's work.
Equivalent Annual Cost
A financial metric used to compare the cost effectiveness of various investments with different lifespans, by converting costs into an annualized figure.
Present Value
The present-day worth of future monetary amounts or cash flow series, determined by applying a specified rate of return.
Operating Cash Flows
The cash generated from a company’s normal business operations, indicating its capability to generate sufficient revenue to maintain and grow operations.
Pre-tax Net Income
The amount of income earned by a company before taxes are deducted, representing its profitability.
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