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Briefly describe each of the four functions of management. Describe Mintzberg's managerial roles and explain how they are helpful in performing the four functions of management.
Expected NPV
The anticipated net present value of a project, investment, or financial strategy, calculated by integrating all possible outcomes weighted by their probabilities.
Full-Ride Scholarship
A scholarship that covers all expenses of a student's education, including tuition, room, board, and sometimes additional costs like books and fees.
Probability
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Life Expectancy
The average period that a person is expected to live, which can vary significantly across different countries and communities.
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