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-Account used to record merchandise on hand under a perpetual inventory system.
a. Freight
b. Delivery Expense
c. Merchandise Inventory
d. Sales discount
e. Purchases Returns and Allowances
f. Debit memo
g. Purchase discount
h. Trade discount
Transactional Leaders
Leaders who focus on the exchange process between themselves and their followers, emphasizing clear structures, tasks, and rewards for meeting objectives.
Transformational Leadership
A leadership style that inspires and motivates followers to achieve extraordinary outcomes by transforming their attitudes and assumptions.
Anticipating Future Trends
The practice of predicting upcoming changes in areas such as consumer behavior, technological advancements, and market dynamics.
New Vision
New vision refers to a fresh and inspiring direction or perspective that an organization or individual adopts to guide future growth and objectives.
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