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What can a firm end up limiting by the commitments it makes to its alliance partners when it enters long-term alliances?
Sales Budget
An estimate of future sales, often detailed in terms of volume and revenue, used for planning and controlling a business's operations.
Cash Collections
The process of gathering all cash received from sales, receivables, and other sources during a given period.
Direct Materials
Basic substances used explicitly in the manufacturing of certain products or services.
Production Budget
A financial plan that outlines the cost of producing the goods or services a company plans to sell, including direct labor, materials, and overhead.
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