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What Is a Modular Structure? Name an Example of a Company

question 9

Essay

What is a modular structure? Name an example of a company or an industry that uses one. List its strengths and weaknesses.


Definitions:

Personal Equipment

Tangible items owned by an individual for personal use, not for business or commercial purposes.

Cash

Currency and other liquid instruments such as checks and bank deposits that are readily available for use in transactions and other immediate needs.

Normal Credit Balance

The expected balance type for certain accounts in the general ledger, such as liabilities, equity, and revenue accounts.

Revenue

The income a company generates from its business activities, typically from the sale of goods and services to customers.

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