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Toyota Heavily Uses a Strategic Network of Vertical Relationships

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Toyota heavily uses a strategic network of vertical relationships. Toyota enables engineers in supplier firms to communicate easily with companies with whom Toyota has contracts for services. This results in the suppliers and the Toyota (the strategic center firm) being more


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Household Measurements

Units of measure used in everyday life for cooking, DIY projects, etc., such as cups, teaspoons, meters, or feet.

Asset Account

An account on a balance sheet that represents a resource with economic value owned or controlled by an individual or business.

Liability Account

An account noted on the balance sheet that represents debts or obligations that a company owes to others and must settle over time.

Posting Reference Column

A ledger column used to indicate the account number or code that corresponds to each entry, facilitating cross-referencing between ledgers.

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