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Financing through accounts payable can result in opportunity costs where discounts are not taken up by the entity.
Supervision
The act of overseeing or managing others' work to ensure it meets required standards and objectives.
Mutual Adjustment
The continuous process of negotiation and compromise between parties to adapt to each other's needs or changes in the environment.
Organizational Structure
The system of roles, responsibilities, and authority within an organization that defines how activities such as task allocation, coordination, and supervision are directed toward achieving organizational goals.
Product Units
Divisions within an organization that are responsible for a particular product or product line.
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