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Explain the three strategies for reducing uncertainty in potential relationships.
Operating Assets
Assets that are used in the day-to-day operations of a business to generate income, including both current and long-term assets.
Net Operating Income
A financial metric that calculates a company's profitability by subtracting operating expenses from its total revenue, excluding taxes and interest.
Residual Income
The amount of income that an individual has after all personal debts and expenses have been paid.
Hum Division
A fictitious or specific name for a division within a company, which may focus on a particular area of business or product line.
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