Financial management encompasses all activities that include obtaining and effectively using financial resources.
What does the term "financial management" mean?Simply expressed, financial management is the field of industry that is concerned with distributing the cash resources that are already available in order to maximize firm profit margin and return on invested (ROI).Financial management professionals plan, coordinate, and manage all corporate transactions.
What acts as the main goal of financial management?The main objective of financial management is to keep an agency's finances under control in a way that guarantees both corporate success and legal compliance. The method calls for extensive planning and successful execution. When done correctly, businesses grow their revenues and profits.
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A majority of economists believe that in the long run, real economic variables and nominal economic variables behave independently of one another. For example, an increase in the money supply, a nominal variable, will cause the price level, a nominal variable, to increase but will have no long-run effect on the quantity of goods and services the economy can produce, a nominal variable. The distinction between real variables and nominal variables is known as ______
The nominal, nominal, real, and the classical dichotomy are terms used to describe the division between real and nominal variables.
What do variables mean by nominal?An attribute that is being measured is given a name, a label, or a classification using a nominal variable. The descriptive values it employs to describe the several categories have no intrinsic ordering.
Real and nominal variables: what are they?Real variables are from which inflation and/or price impacts have been eliminated. Nominal variables, on the other hand, are those where the impacts of inflation have been taken into account. As a result, inflation and price changes have an impact on numeric data but not real ones.
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all of the following are key organizational data in the fulfillment process except:_____.
a. Purchasing organization b. Distribution Channel c. Storage location d. Sales organization
Client, company code, sales area, and plant are all important organizational components for the fulfillment process.
What is data from an organization?organization information used to depict an organization's structure. Plant. alludes to an authoritative component that plays out numerous. serves a purpose and is pertinent to several processes.
What are the four processes of organization?There are four types of departmentalization that a manager can use to organize activities: product, customer, geographical, and functional.
In the buying process, what are the three primary documents used?The three most normal sorts of acquisition process archives are Solicitation for Data (RFI), Solicitation for Proposition (RFP), and Solicitation for Citation (RFQ). The purpose of each document varies.
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jake is unhappy that his lease was extended automatically. what lease provision should jake review closely to ensure it is enforceable?
Jake is dissatisfied that his lease was automatically renewed. Jake should carefully examine the automatic lease agreement to make sure it is enforceable.
A lease is defined as a legal arrangement whereby the owner of an asset leases that asset to the lessee for a fixed or variable amount over a fixed or flexible period of time in exchange for payment. An implicit or written lease outlines the terms and conditions under which a lessor agrees to rent out a piece of property for use by a lessee. The lessee will have access to the property for the agreed amount of time, and the owner will continue to be paid during that time, as per the agreement. A lease is an enforceable contract that specifies the terms under which one party agrees to rent property owned by another party.
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List at least 6 things your credit card company must clearly disclose to consumers.
It is important to review the credit card disclosure for information on APRs, Penalties, Grace periods, Minimum financing charges, Calculation methodologies, and Fees.
An explanation of all the fees, charges, interest rates, and conditions that a consumer can encounter when using the credit card is contained in a credit card disclosure. The legislation requires disclosure of this information by organizations that provide credit cards. The disclosures on credit cards offer clear information about costs and charges. They also encourage rivalry. To allow consumers to evaluate credit cards more effectively, it is legally necessary of all credit card companies to give the same price information. They can pick the one that better serves their tastes in terms of price.
The interest rate that a client will pay on outstanding balances is the most obvious example of a cost listed on a credit card disclosure. Basic elements like the monthly payment deadlines will also be covered in the disclosure.
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typically when a company is in the news, it is because the company failed to be sustainable. which of the following best describes its failure? the company is unable to meet the business needs without sacrificing the ability of future generations to meet theirs. the company is willing to sacrifice the business and other needs to support the needs of its competitors. the company is pursuing economic goals despite social and ethical concerns. the company has developed socially responsible strategies at the cost of profits. the company is able to meet the business needs at the cost of environmental responsibilities.
The Role of Human Resources in Promoting CSR
Encourage and implement eco-friendly practices.Create an atmosphere of social responsibility.Recognize achievements.Communicate to employees and the community the significance of corporate social responsibility.What effects do human resource policies have on sustainability?
Self-responsibility, work-life balance, job security, health promotion, flexibility, participate leadership, a value-added economy, and an influential organizational culture are all aided by sustainable HRM.
Product development, market expansion, market penetration, and diversification are the four categories of marketing strategic alternatives. These tactics can serve as a blueprint for businesses to achieve their objectives.
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________ focuses on problem solving and performance improvement, or speed with excellence, of a well-defined project.
Lean Six Sigma focuses on problem-solving and performance improvement, or speed with excellence, of a well-defined project.
A Lean Six Sigma can be referred to or considered as a phenomenon, which experiences a great deal of focus on the systems within an organization related to a particular project. Moreover, the lean six sigma also takes into consideration, the speed, and excellence that can be achieved by an organization in the completion of a well-defined project. This helps in improvement of the organizational performance.
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an investment cost $6,500, and will have a cash flow of $1,500 in the first year, $1,800 in the second year and $200 in the third year, at which time the investment will be sold for $8,000. what is the internal rate of return (irr) of this investment?
The internal rate of return (IRR) of this investment is 25.39%.
25.39%
Cash flows are as follows.
(6,500)1,5001,8008,200
IRR = 25.39
The internal charge of going back (IRR) is a metric utilized in monetary evaluation to estimate the profitability of ability investments. IRR is a discount charge that makes the internet gift price (NPV) of all cash flows equal to 0 in a discounted cash drift evaluation. IRR calculations depend upon the equal formula as NPV does.
IRR is the price of interest that makes the sum of all cash flows 0 and is beneficial to evaluate one investment to every other. in the above instance if we replace 8% with thirteen. 92%, NPV becomes 0, and that is your IRR. therefore, IRR is defined as the cut price charge at which the NPV of a mission will become zero.
Inner charge of going back (IRR) is one such method of capital budgeting. it's miles the fee of going back at which the net present value of a challenge becomes 0. They name it 'inner' because it does not take any external factor (like inflation) into consideration.
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look at the following two organizational designs and indicate which one you would choose.
A. I want my employees to have very narrow job responsibilities. I’ll hire more people with specific experience next year, and each person will form the basis for future departments in my company.
B. I want my employees to have broad job responsibilities. I’ll hire a small group of employees next year that have multiple skills, and ask them to work on anything that will help the company meet its goals
I want my employees to have broad job responsibilities. I’ll hire a small group of employees next year that have multiple skills and ask them to work on anything that will help the company meet its goals.
What is organisational structure?
An organisational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organisational objectives. The basis upon which standard operating procedures and routines are built is provided by organisational structure.
The practise of lining up an organization's structure with its goals in order to increase efficiency and effectiveness is known as organisational design. Work may be initiated due to a new mandate, the desire to enhance service delivery or certain business procedures.
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what is the first step in the organizing process? group of answer choices determining the specific activities needed to implement plans assigning work to specific employees grouping work activities into a logical structure coordinating the work of different groups and employees within a firm
Determining the specific activities needed to implement plans is the first step in the organizing process. Therefore, the option A holds true.
Organizing can be referred to or considered as one of the most integral process involved under the different functions of management. It identifies the plans and then further determines the activities that are to be performed in order to lead to a successful implementation of the plans. In fact, these activities are the initial process in the function of organizing.
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the monopoly maximizes profit by setting question 1 opa profit maximizing monopolist question 2 options: a) is guaranteed to make a positive profit, hence the desire to be a monopolist. b) is guaranteed to lose money because of a lack of competition. c) is guaranteed to make a non-negative profit, otherwise government would step in to assist. d) is not guaranteed to make a positive profit.tions: a) price equal to marginal revenue. b) price equal to marginal cost. c) marginal revenue equal to marginal cost. d) revenue equal to zero.
Setting marginal revenue at the same level as marginal cost allows the monopoly to maximize profit.
Why do you use the term marginal cost?When we talk about the marginal cost, we're talking about the rise in production costs brought on by the creation of more product units. The incremental cost of manufacturing is another name for it. Businesses may evaluate how cost and, ultimately, earnings are influenced by volume output by calculating the marginal cost.
What exactly are full and marginal costs?Full-cost pricing, a standard technique, includes all overhead costs in the product price; marginal cost pricing, on the other hand, is intended to move stock without always making a profit.
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which program pays medicare part a and b or medicare part c premiums, deductibles, coinsurance, and copayments?
The Qualified Medicare Beneficiary (QMB) Program covers the premiums, deductibles, coinsurance, and copayments for Medicare Parts A and B or Part C.
What benefits may you get from QMB?You can get help from your state to pay your Medicare premiums through one of the four Medicare Savings Programs, the Qualified Medicare Beneficiary (QMB) Program. This program allows for the payment of Part A and Part B premiums as well as deductibles, coinsurance, and copayments.
Is Medicare Part D covered by QMB?A Medicare beneficiary who meets the requirements for the QMB program is immediately eligible for the Medicare Part D Extra Help program, which provides financial aid with Medicare Part D prescription pharmaceutical coverage (monthly premiums, deductibles, and drug costs).
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explain how an increase in u.s. and canadian intraindustry trade altered the level of productivity in the affected canadian sector. what were canada's motives for proposing and signing the canadian-u.s. free trade agreement?
Canada's motives for proposing and signing the canadian-u.s. free trade agreement are : -
Reduced Tariffs : Studies have found that these lowered tariff barriers have generally resulted in increased trade: “Other than in automobiles and parts and petroleum, trade between the two countries has grown more quickly in those sectors liberalized by the Canada-US FTA than in those not liberalized.
Increased stability : Second, trade has benefited from increased stability that has resulted from the “significant bilateral regime, particularly in the realm of trade and investment, with its own principles, norms, and rules, as well as some institutions,” that have been put in place to deal with and manage this increased trade These have lowered transaction costs and reduced uncertainty.
Productivity : Regardless, Canada has not experienced a convergence in productivity rates with the United States, whose productivity growth has outstripped Canada’s, although it seems that productivity increases were most significant in those industries most affected by the FTA.
Stand of living : it is very likely that there were some transitional job losses as tariffs fell, in some cases from more than 20% to zero in the short space of a decade. On the other hand, jobs were undoubtedly created by the FTA-induced export expansion, although credit for the export boom has to be shared with our depreciating dollar and other forces.
Trade involves dealings in items or services on a normal foundation. One unmarried transaction of sale or buy does no longer represent business. earnings incomes. one of the fundamental reason of enterprise is to earn profits.
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Which company acts on behalf of more than 200 universities, bowls, and conferences to negotiate licensing agreements?
The company that acts on behalf of more than 200 universities, bowls, and conferences to negotiate licensing agreements is the Collegiate Licensing Company.
CLC is the largest licensing group in the country managing nearly 200 university licenses. There are three types of licenses: local, standard and restricted. A local license gives you permission to manufacture licensed products for colleges and universities in your state.
Officially Licensed Collegiate Products label, hangtag, or hologram means the University has granted the manufacturer the right to use its mark. If this mark is missing, the item may be counterfeit. IMG College's licensing subsidiary, The Collegiate Licensing Company, released its annual list of best-selling institutions and manufacturers on Tuesday, with no change at the top.
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ford motor company manufactures automobiles and franchises independently owned automobile dealers (franchisees) to sell them to the public. this is an example of a(n) franchise.
Ford Motor Company produces cars, and independent car dealers are granted licences to sell vehicles to the general public. This serves as an illustration of a distributorship franchise.
What's referred to as a distributor Why?A distributor is what? A distributor acts as a link in the supply chain or distribution channel between a manufacturer, who produces a product, and an entity further down the line. The downstream company can either be a wholesaler or retailer, known as a value-added reseller (VAR).
How do distributors eke out a living?By charging consumers more for products than their paid the manufacturer, distributors profit. A distributorship is often a contract between a manufacturer and a distributor, and to satisfy the duties, each side must achieve particular objectives.
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True or false:
Vertical analysis of financial statements is accomplished by preparing common-size statements.
Answer:
true
Explanation:
Full employment implies there is zero unemployment in the economy state true or false and give reason
Given the numerous varieties of unemployment and the fact that some are inevitable or even required for a healthy labor market, full employment is not the same as zero unemployment.
The nonaccelerating inflation rate of unemployment (NAIRU), the absence of cyclical unemployment, and GDP at potential are the three conditions for full employment, according to the BLS.
When part-time workers cannot find occupations that match their skill level, there may be underemployment or unemployment in an economy with full employment. This type of unemployment is considered structural rather than cyclical. Because some people may still be unemployed due to skill mismatches, full employment does not equate to zero unemployment.
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a flexible budget expresses variable costs on a per unit basis and fixed costs on a total basis. group startstrue or falsetrue, unselectedfalse, unselected
A flexible budget expresses variable expenses per unit and fixed costs as a whole. This is correct. Thus, the correct choice is true.
What is a flexible budget?A flexible budget is one that adapts to changes in real revenue or other activities. As a consequence, the budget closely matches the actual results. This method varies from the more traditional static budget, which consists entirely of set expenditure figures that do not alter in reaction to changes in real revenue levels. Because of flexible, rolling budgets, entrepreneurs can react to change. This agile planning strategy enables you to adjust expenditures during the year, resulting in less overspending, more options, and faster responses to changing market and corporate conditions.
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negligence action by p against d, the owner of a supermarket, after p allegedly slipped on a ketchup spill. d denies there was any ketchup spill. to prove the spill was present, p calls witness, another customer who was in the store at the time, to testify that 15 min before p fell, witness told d's manager that there was ketchup on the floor. same case. suppose witness's statement is only offered to prove that d was aware of the ketchup spill before the accident occurred. hearsay?
No statement is only offered to prove that d was aware of the ketchup spill before the accident occurred.
What to do if you spill ketchup?
Mix half a tablespoon of mild dish soap with 1 cup of cold water. Dip a sponge into the solution and dab the stain. Rinse off with a clean sponge and cold water. Repeat until the Ketchup stain removes.
Will ketchup stains wash off?
Remove excess ketchup with a spoon or knife without scraping the dough. Avoid dabbing as it can spread the stain. If the garment is washable, remove it as soon as possible and run cold water over the stain from the back side to press the stain out of the garment.
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if a customer chooses not to keep a defective shipment of garments or shoes, at best you may be able to negotiate a quick replacement. at worst, you receive a canceled order. if procurement is able to keep track of the loss gross margins that defective product returns has on profitability, this is an example of how purchasing affects which value dimension? innovation agility quality delivery
The Value dimension represents the distinctive types of values stored in your application, and can encompass the enter currency, mother or father currency, adjustments, and consolidation detail such as proportion, elimination, and contribution detail.
Which value dimension is most important?The most important value dimension that shapes our sense of self is the individualism-collectivism cost dimension. Individuals with an exterior locus of control have a tendency to emphasize free will, character motivation, and personal effort and responsibility.
What are the 5 value dimensions?According to Hofstede, the 5 most important dimensions are identity, power, gender, uncertainty, and time. You can think about cultural value dimensions on a scale or a continuum, the place one element of the cost lies on one aspect of the scale and the other extreme lies at the different end of the scale.
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https://brainly.com/question/28559189#SPJ4now that sheila has completed her bachelor's degree, she has decided to pursue her master's degree. sheila's choice of additional education is called an investment in:
Now that Sheila has finished her bachelor's degree, she has determined to pursue her master's degree. Sheila's desire of extra training is referred to as an funding in: A human capital.
The required details about human capital is mentioned in below paragraph.
The time period human capital refers to the monetary price of a people revel in and skills. Human capital consists of property like training, training, intelligence, skills, health, and different matters employers price consisting of loyalty and punctuality. As such, it's far an intangible asset or first-class that isn't (and can not be) indexed on a business enterprise's stability sheet. Human capital is looked as if it would boom productiveness and for this reason profitability. The extra funding a business enterprise makes in its employees, the possibilities of its productiveness and fulfillment end up higher.
(COMPLETE QUESTION)
Now that Sheila has completed her bachelor's degree, she has decided to pursue her master's degree. Sheila's choice of additional education is called an investment in:
A human capital.
B labor
C financial capital.
D physical capital.
E natural resources
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Each time a payment is made on an installment note, the portion of the next payment associated with interest expense increases. This statement is:
Each time a payment is made on an installment note, the part of the next payment associated with interest expense increases. This statement refers to a false statement.
An interest expense is a cost incurred by a party for borrowed funds. Interest expense refers to a non-operating expense represented on the income statement. It shows interest payable on any borrowings loans, bonds, convertible debt, or lines of credit. Since interest expense arises when an organization takes out a loan to finance its business operations, it is the added percentage of borrowing cash from a third party. Interest expense does not result in an increase in the payment of the next installment.
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to calculate the expected risk premium on a stock, one must subtract the ________ from the stock’s expected return.
to calculate the expected risk premium on a stock, one must subtract the Inflation rate from the stock’s expected return.
Inflation is the price of boom in fees over a given time frame. Inflation is generally a huge measure, together with the general increase in fees or the growth inside the price of dwelling in a country. demand-pull inflation refers to situations in which there are not sufficient services or products being produced to hold up with demand, inflicting their prices to boom. value-push inflation, alternatively, happens while the fee of manufacturing services and products rises, forcing groups to elevate their costs.
More jobs and higher wages boom household incomes and lead to a rise in consumer spending, in addition growing aggregate call for and the scope for firms to growth the expenses of their items and services. when this occurs throughout a huge quantity of organizations and sectors, this results in an increase in inflation.
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zoning ordinances should a) be as restrictive as possible because they can always be changed. b) be altered as little as possible to provide continuity to planners and developers. c) require a two-thirds vote of the electorate before a proposed change is made. d) remain flexible to meet changing needs.
Zoning ordinances should be consistent with the comprehensive plan, but both must remain flexible to meet the changing needs of residents and businesses.
An regulation known as a zoning code specifies the permitted uses for real estate within particular geographic zones. Zoning ordinances specify whether a given geographic zone is suitable for residential or commercial uses. In addition to controlling lot size and location, zoning laws may also control building height and architectural style. Zoning ordinances also outline the steps to take when violating zoning laws (including any penalties).
Industrial, commercial, residential, and agricultural zones make up the majority of zoning ordinances. Historic, school, hospital, and airport zoning are additional categories of zoning that are applied in some towns. Usually, there are classifications for unit density within the major categories.
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the idea that individuals would contribute according to their abilities and receive benefits according to their needs supports which type of economy?
Communist based economy is the type of economy that the idea that individuals would contribute according to their abilities and receive benefits according to their needs supports.
What are the characteristics of a communist economic system?Common ownership of the means of production and unrestricted access to consumer goods are characteristics of a communist society, which is frequently classless, stateless, and moneyless and signifies the end of labor exploitation.Since the government controls the economic system in a communist society, economic instability is not a possibility. Every citizen must put in labor to qualify for benefits; those who don't face equivalent penalties. This encourages participation and promotes economic expansion.China and Cuba are two of the prime instances of communism or a communist economy. The Communist Party of China, formally known as the People's Republic of China, is the only political force in power in China. The National People's Congress, the president, and the State Council each have a portion of the power.Learn more about communist economic system refer to :
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on july 8, jones inc. issued an $70,000, 7%, 120-day note payable to miller company. assume that the fiscal year of jones ends july 31. using a 360-day year, what is the amount of interest expense recognized by jones in the current fiscal year? when required, round your answer to the nearest dollar.
Jones recognizes $313 as interest expense on the note payable in the current fiscal year.
What is a note payable?A liability account that is recorded in a company's general ledger is called notes payable. It is the place when borrowers formally commit themselves to paying back lenders. On the other hand, the lender would note this identical written guarantee in their account for notes receivable.
The amount of interest expense recognized by jones in the current fiscal year is calculated as:-
It is assumed that the fiscal year ends on July 31.
There are 23 days between the note payable issued i.e. July 8 and the end of the fiscal year on July 31st.
Principal amount = $70,000
Rate= 7%
Interest = Principal x Rate x Time
=$70,000 x 7% x 23/360
=$70,000 x 0.07 x 23/360
=$313.05
Therefore, Jones recognizes $313 as interest expense on the note payable for the current fiscal year.
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suppose the fed purchases $10 million of u.s. securities from the public. if the reserve requirement is 10 percent, the currency holdings of the public are unchanged, and banks have zero excess reserves both before and after the transaction, the total impact on the money supply will be a: group of answer choices $10 million decrease in the money supply. $10 million increase in the money supply. $100 million decrease in the money supply. $100 million increase in the money supply.
The extra reserves will be loaned out, but the bank will retain part of them as necessary reserves. The amount of money available rises as a result of that loan.
If the necessary reserve is 10% and a deposit of $100 is made, how much must the bank have on hand?$10
In the case of a 10% reserve requirement, the deposit multiplier indicates that banks must hold 10% of all deposits in reserves, but they can generate money and boost economic activity by lending out the remaining 90%. In other words, if a depositor deposits $100, the bank must retain $10 in reserve but can lend out $90.
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the tucker family has health insurance coverage that pays 65 percent of out-of-hospital expenses after a deductible of $1,100 per person. if one family member has doctor and prescription medication expenses of $2,700, what amount would the insurance company pay?
If one family member has doctor and prescription medication expenses of $2,700, the insurance company pays 1489.
Solution:-
(Expenses - deductible/person)*%coverage
(2,900-760)*.7 =1489
In business, expenses are the cash spent or costs incurred in an agency's efforts to generate revenue. this will be in the shape of expenditures along with salaries or supplier payments. organizations can write off tax-deductible charges on earnings tax to decrease tax earnings and tax liability.
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company 1 has return on assets of 8.2% and a debt to equity ratio of 67.2%. company 2 has return on assets of 6.3% and a debt to equity ratio of 53.4%. based on these ratios, what is generally true about these two companies?
According to the given information, Company 1 has higher profitability and higher risk.
Financially speaking, risk is the possibility that the results or returns on an investment will not match expectations. Risk encompasses the potential for losing a portion or the entirety of a starting investment.
Risk is typically quantified by taking into account past actions and results. A frequent statistic used to measure risk in finance is standard deviation. A measure of asset price volatility in relation to historical averages over a specific time period is provided by standard deviation.
Overall, managing investment risks is possible and wise if one is aware of the fundamentals of risk and how it is calculated.
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True or false? trade secrets have an unlimited duration, i.e. do not expire after a fixed period of time.
It is accurate to say that trade secrets have an endless shelf life.
The duration of trade secret protection is unlimited (patents last in general for up to 20 years). Trade secrets do not require registration and can persist as long as the secret is kept from the public (though keeping the information confidential may entail high costs in certain cases).
Are trade secrets subject to a time limit?Since a trade secret has no expiration date, a company may employ one to preserve a competitive edge for as long as the company upholds the trade secret' confidentiality. Any corporate procedure or practice that is typically unknown to parties outside the organization is considered a trade secret.
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A clothing manufacturer builds quality into its operating system, placing responsibility on each employee. this process is known as quality __________
Income statement conveys a company's ability to generate profits in the current period.
An income statement is a financial statement that lists the revenue and expenses of the company. Additionally, it displays a company's profit or loss over a specific time frame. You may better comprehend your company's financial situation by comparing the income statement to the balance sheet, cash flow statement, and cash flow forecast.An income statement displays the revenues, costs, and profitability of a business over time. It is also sometimes referred to as an earnings statement or a profit-and-loss (P&L) statement. It displays your sales revenue for goods and services. expenses for running your firm and generating money.To know more about Income statement here
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