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Discuss the two time-frame determinants that managers need to make while assessing market receptiveness for a technological innovation. Give a suitable example.
Sales Tax
A tax paid to a governing body for the sales of certain goods and services.
Closing Fees
Charges and costs associated with the finalization of a real estate transaction or the closing of a loan.
Itemize Deductions
The process of listing allowable expenses that can be subtracted from adjusted gross income to reduce taxable income.
Property Taxes
Taxes paid by property owners, based on the assessed value of their property, to fund local public services.
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