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The discussion of the business enterprise system in the Business and Society class today became heated when a debate broke out as to which capitalist system Canada should employ.Jamal argued that the Canadian government should apply a __________model Whereby economic decision making is left to those individuals or enterprises who own the means of production.A profit motivation,with limited government involvement, would create a competitive market system.Crystal agreed,but added that accountability to society by business was also important and therefore a ____________was better.
Cash Safety Stock
The minimum amount of cash that a company needs to keep on hand to protect against unforeseen variability in cash flow.
Safety Stock
Extra inventory held by a company to prevent stockouts caused by unforeseen variations in supply and demand.
Collection Time
The time duration that a business takes to recover the payments owed to it by its clients, often measured from the date of sale or service delivery.
Collection Float
The time interval between when a check is deposited in a bank and when the funds are made available.
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