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Define role specialisation and explain how this may affect consumer behaviour.
Conventional Capital Budgeting
A process of planning and evaluating large-scale investments and expenditures to optimize a company's capital expenditures and investments.
Forecasting Risk
The potential for a forecast to be inaccurate, which can lead to incorrect business decisions and financial performance assessments.
Sensitivity Analysis
A financial model technique used to determine how different values of an independent variable impact a particular dependent variable under a given set of assumptions.
Base Case
The default scenario in project assessments or financial modeling, representing expected conditions without any changes or shocks.
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