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Scenario 1-2. Franky Ferguson has just reached a turning point in his business. He can no longer retain quality employees because he cannot meet his payroll, he does not have an adequate cash flow to pay his current bills, and he is three months behind in his loan payment to the bank. He must close the doors of this business.
-In Scenario 1-2, the valuable skills and knowledge that Franky's employees possessed is known as ______.
Special Order
Special order is an order for products or services that is outside the company's normal scope of operations or production schedules, often requiring unique specifications.
Variable Selling
Expenses related to selling that vary directly with the level of sales activity, such as commissions and shipping charges.
Financial Advantage
A benefit gained in financial terms, often seen as the edge that one company or entity has over its competitors in terms of cost, efficiency, or profitability.
Special Discounted Price
A reduced pricing offer made available to customers, often as a promotional or loyalty incentive.
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