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In the project portfolio selection process,the preprocess phase is likely to involve:
Obsolescence
The process of an asset becoming outdated or no longer used, often due to technological advancements.
Annual Rate of Return
The Annual Rate of Return is the percentage of profit or loss on an investment over a one-year period, taking into consideration both capital gains and dividends.
Initial Investment
The amount of money used to start a project, purchase an asset, or invest in a business venture.
Net Annual Cash Inflow
The difference between all cash received and all cash expended by a business in one year.
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