Examlex
A lockbox system that accelerates cash collections also decreases a firm's receivables.
Contingency
An event or condition that is possible but cannot be predicted with certainty.
Motion Study
An examination and analysis of the movements involved in performing a task to improve work efficiency by reducing wasteful motions.
Subsystem
A smaller component of a larger system.
Open System
An organization or entity that interacts with its environment by exchanging information, resources, and influences with its context.
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