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Retirement is the last step at the end of the life cycle for a standard or process. This means that if the process is retired, a _________________ is not needed.

User Lorean
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Final answer:

Retirement is the last step in the life cycle of a standard or process, indicating that it is no longer needed. This concept is applicable in both personal and business contexts.

Step-by-step explanation:

Retirement is the last step in the life cycle of a standard or process. When a process is retired, it means that it is no longer needed. Retirement is commonly associated with the end of a person's professional career, where they cease working and start receiving pension or retirement benefits. Similarly, in a business context, when a process is retired, it is no longer necessary and may be replaced with more efficient methods or technologies.

User Neo Ko
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