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Business mastery is a key competency of HR managers.
Economic Climate
The overall state of the economic environment, characterized by factors such as growth rates, unemployment, inflation, and consumer confidence.
Conditions
Conditions include the specific requirements, terms, or situations that affect or determine the operation of agreements, policies, or actions.
Interest
The cost of borrowing money, typically expressed as an annual percentage of the loan amount.
Borrowed Funds
Money obtained through loans or credits that must be repaid over time, with interest, used for financing various activities or purchasing assets.
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