Examlex
Which of the following is true about ECT?
Incremental Revenue
Additional revenue generated from a new product or service or as a result of making changes to an existing operation or strategy.
Subjective Benefits
Advantages perceived on a personal level, often influenced by individual preferences, experiences, or expectations.
Quantify
To express or measure something in terms of numbers or quantities.
Capital Budgeting
The process by which investors and managers decide which significant investments or projects to undertake, based on potential profitability.
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