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Mayer’s philosopohy of never using debt to finance operations or expansion was born during the Great Depression and passed on to his sons when they joined the family business. Today the multi-million dollar
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Mayer’s philosopohy of never using debt to finance operations or expansion was born during the Great Depression and passed on to his sons when they joined the family business. Today the multi-million dollar organization proudly follows Mayer’s practice under the leadership of Mayer’s great-grandsons and -daughters. This family’s commitment is based on:

User Giannella
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Answer:

An owner-managed business

Step-by-step explanation:

User Yassir S
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