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Why has the experiential learning circle (ELC) been subject to criticism?
Elimination Of Waste
The process of identifying and removing unnecessary processes, materials, and activities to improve efficiency.
Positive Return
A positive return occurs when an investment generates a profit, indicating that the final value is greater than the initial investment amount.
Managerial Accounting
The practice of analyzing, interpreting, and communicating financial information to managers for the purpose of achieving business goals.
Future Activities
Planned actions or tasks that are intended to be executed in the future time.
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