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We are seeing the emergence of what the management writer, Charles Handy, termed the ________ organisation, where service firms contract out supplementary services.
Liability Account
An accounting record that holds the amounts owed by a company to creditors, suppliers, or lenders.
Terms
Conditions under which a sale is made, including payment timeframe, discounts, and penalties for late payment.
Discount
A reduction from the usual cost of something, or the act of lowering the price of goods, services, or securities.
Day
A 24-hour period from midnight to midnight.
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