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What performs the same types of metal cutting and forming operations which have always been done, but with control provided by a computer.
Parent-Subsidiary Organization
A corporate structure in which a parent company owns a controlling interest in one or more subsidiary companies, allowing for centralized governance and operational synergy.
Liabilities
Financial obligations or debts that a company or individual owes to others, which need to be settled over time.
Effectively Control
Effectively control in financial terms refers to the power to direct the financial and operational policies of an entity so as to gain benefits from its activities, often achieved through ownership, contracts, or other means.
Minimum Total Price
The lowest possible aggregate amount that can be charged or paid for a particular set of goods or services.
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