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Your company develops an IT plan and decides to implement SAP. The next step is justifying this IT investment. How would you go about justifying the high costs associated with SAP?
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A single transaction or payment made to settle a debt or purchase a product or service, without requiring recurring payments.
Franchise Fee
An initial payment made by a franchisee to a franchisor for the rights to use the franchisor's brand, system, and ongoing support.
Initial Investment Fee
The upfront sum of money required to start a business venture, franchise, or investment opportunity.
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Recurring payments that are made on a regular basis for a service or product.
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