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An example of a________ is New United Motor Manufacturing Inc.(NUMMI) ,the collaboration between Toyota and GM.Toyota needed direct access to the U.S.market,while GM benefited from the technology and management approaches provided by its Japanese partner.
Appreciation
A term used in finance and economics to describe the increase in value of an asset over time.
GPS
Global Positioning System, a satellite-based navigation system that provides location and time information in all weather conditions.
Satellite Global Positioning System
A network of satellites that provide navigation data to military and civilian users around the globe, enabling users to determine their exact location.
Depreciation
The accounting process of allocating the cost of a tangible asset over its useful life, representing wear and tear, or obsoleteness.
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