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________ Is the First Step in the Planning Process According

question 9

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________ is the first step in the planning process according to a Model diagram in the book.


Definitions:

Population

The total number of individuals within a specific area or of a particular species or group.

Rate of Return

The rate of return is the net gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Standard Return

The typical or average return expected from an investment, benchmarked against similar investments or industry standards.

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