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After Sunshine Systems merged with RTD Enterprises, company executives noticed that due to increased employee collaboration between the two units, costs were down and revenues increased within both areas. This is an example of which element of competitive advantage?
Bond Issuer
An entity, such as a corporation or government, that raises funds by issuing bonds, obligating itself to pay interest to bondholders and repay the principal at maturity.
Obligations
Legal or financial duties or commitments that an entity is required to fulfill.
Collateral Agreements
Contracts that pledge an asset as security for the repayment of a loan, providing a lender a form of protection against the borrower's default.
Unsecured Debt
Debt that is not backed by any collateral, meaning if the borrower defaults, the lender has no secured asset to claim for repayment.
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