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What kind of economic variables are the interest rates when adjusted for the effects of inflation?
Service Firms
Companies that primarily offer intangible products, such as expertise, assistance, or information, rather than physical goods.
Pure Chase Strategy
A demand matching or production strategy where output is adjusted to match demand precisely, reducing inventory levels to a minimum.
Subcontracting
The practice of assigning part of the obligations and tasks under a contract to another party, often to specialize or expedite processes.
Overtime
Additional time worked beyond the regular working hours, usually compensated at a higher pay rate.
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