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The Models of Community Practice and Assumptions Professionals Have About

question 15

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The models of community practice and assumptions professionals have about communities shape the implementation of the Health Communities and Cities process. There is a "ladder of participation" that emphasizes the lower levels, which are:


Definitions:

Useful Life

The estimated period over which an asset is expected to be usable by an organization, after which it is considered to be no longer useful for business operations.

Residual Value

The estimated worth or salvage value of an asset at the end of its useful life.

Net Income

The total profit of a company after all expenses, including taxes and operational expenses, have been deducted from total revenue; essentially, it's the bottom line of the income statement.

Average Rate

A term often used in finance to describe the mean rate of return or the mean rate of interest over a specified period.

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