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Consider a transnational strategy. Why would a firm choose this strategic alternative? What are the disadvantages of this strategy?
Assets
Resources owned by a business or individual deemed to have economic value and expected to provide future benefits.
Liabilities
Financial obligations or debts a company owes to others, due to be paid in the future.
Accounts Payable
describes the short-term liabilities a company owes to its suppliers or creditors for goods or services received but not yet paid for.
Accounts Receivable
The amount of money owed to a business by its customers for products or services that have been delivered but not yet paid for.
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