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3M Is a Highly Innovative Firm That Is Constantly Seeking

question 16

Multiple Choice

3M is a highly innovative firm that is constantly seeking new markets and is oriented toward growth and taking risks.It uses a(n) ____ strategy.


Definitions:

Unreimbursed

Expenses that have not been paid back or compensated, especially reference to employee business expenses.

Tax-exempt

Not subject to tax by federal or local authorities, often applicable to certain income, property, or organizations.

Medical Expenses

Costs for healthcare services, treatments, prescriptions, and other medical needs that may be partially deductible on one's taxes.

Moving Expenses

Costs incurred for relocating for a new job or business location that were once deductible under certain conditions, but are now limited following recent tax law changes.

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