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When business slows down,flexible workers are dismissed before core workers.
Service Business
A business providing services rather than products to customers.
Statement of Owner's Equity
A financial document showing the changes in the equity of a business over a specific period, including investments, withdrawals, and net income or loss.
Merchandise Business
A type of business that purchases finished goods for resale, making profit through the buying and selling process.
Service Business
A type of business that provides intangible products or services to customers.
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