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Most people would argue that a service firm must follow chase or mixed strategies. On the other hand, most state agencies, which are clearly service-oriented, are not at all able to "chase" demand. Discuss how they manipulate demand to allow the level strategy to be used.
Interest
The charge for borrowing money or the compensation paid by the borrower to the lender for the use of borrowed funds.
Withdraw
The act of removing funds from a bank account, or the process of pulling out of an agreement or investment.
Inherited
Property or assets received from an ancestor or predecessor typically through a will or succession.
Annuity Due
A series of equal payments made at the beginning of consecutive periods over a fixed length of time.
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