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You Have to Pay Costs for Your Business Now but You

question 125

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You have to pay costs for your business now but you also have to enter into long-term contracts to repay loans in the future.If inflation occurs,the best term for the problem that occurs in this case is:


Definitions:

Mass Service

A type of service operation characterized by serving a large number of customers with standardized services, often with little to no customization.

Service Factory

A business model that combines production and service provision, focusing on delivering manufactured goods along with value-added services.

Tight Quality Control

Rigorous and stringent monitoring and verification of products or services to meet specified quality standards.

Information Technology

The study or use of systems (computers and telecommunications) for storing, retrieving, and sending information, playing a critical role in modern organizations.

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