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Posted by Terms compared staff | May 30, 2019 | Management |
Definitions and meanings: Board of directors comprises of a group of people who administers and governs the activities of an organization. The organization can be a profit seeking, non profit seeking, governmental or a...
Read MorePosted by Terms compared staff | May 29, 2019 | Management |
Definition: Centralization and decentralization are two types of systems based on which the decision-making takes place within a business or an organization. Difference between centralization and decentralization The main points...
Read MorePosted by Terms compared staff | May 28, 2019 | Management |
Definitions and meanings: Organic growth refers to the growth of internal revenues of a company, which is a result of increase in internal output of a company. Such type of growth lacks diversification of business risks....
Read MorePosted by Terms compared staff | May 28, 2019 | Accounting |
Definitions and meanings Income statement: The income statement reflects a company’s revenue and total expenses. These include non-cash items such as depreciation and amortization over a given accounting period. The income...
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