Examlex
Collateral is something that you pledge in order to guarantee repayment of a loan.
Lean Business Model
A strategy focusing on creating more value for customers with fewer resources by minimizing waste and optimizing processes.
Implementation Phase
The stage in a project or strategic plan where strategies are executed and plans are put into action.
Short-Term Decisions
Business choices made to affect operations or financial performance in the near future, typically within one year.
Professional Accountants
Individuals who are qualified to perform accounting tasks, such as audits, tax preparation, and financial analysis.
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