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Describe the outputs of a systems approach to labour relations.
Cash Balance
The amount of cash held by a company in its financial accounts at a specific point in time, reflecting its immediate liquidity position.
Creditors
Entities or individuals to whom a company owes money, due to the provision of goods, services, or loans.
Technical Services
Specialized services that require technical expertise or skills, often provided in fields such as IT, engineering, or maintenance.
Fair Value
The selling price of an asset or the expense involved in handing over a liability during a regulated deal with participants in the market on the specified valuation date.
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