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Many firms use process control charts and statistical control methods to help employees track performance on a real-time basis.
Partnership
A legal form of business operation between two or more individuals who share management and profits.
Personal Income
The total income received by an individual from all sources before taxes.
Business Losses
Financial losses incurred during the operation of a business, often resulting from expenses exceeding revenues.
Taxes
Compulsory financial charges or levies imposed by a government on individuals or organizations to fund public expenditure.
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