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The Linking of the Organization to Its Individual Customers, Employees

question 173

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The linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit is referred to as


Definitions:

Capital

The wealth in the form of money or assets owned by a person or business, used for starting a business or to invest.

Total Liabilities

The combined amount of a company's short-term and long-term financial obligations.

Statement Of Owner's Equity

A financial document that shows changes in the owner’s equity of a company during a specific period, including contributions, withdrawals, and the income or loss.

Change In Revenue

The difference in a company's sales from one period to the next, reflecting increases or decreases in income from its operations.

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