Mayer’s philosopohy of never using debt to finance operations or expansion was born during the Great Depression and passed on to

Question

3 years ago

8

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:

Business

1 answer:

bulgar [2K] · Answer 1 · 2022-01-04T02:20:21+03:00

bulgar [2K]3 years ago

4 0

Answer:

An owner-managed business

Explanation: