GOODWILL
Intangible asset that occur for acquiring one firm by another for a premium value. The value of a firm’s brand name, good customer relations, solid customer base, patents or proprietary technology, and good employee relations represent goodwill. It is not a physical asset such as buildings or equipment and it also gives a competitive advantage. Goodwill account appears in the firm’s balance sheet.
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Game theory mechanism subject to a payoff matrix similar to a prisoner’s dilemma. Anchored on the concepts of retaliation and altruism, this ...
Nonsegregated Disclosures
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A series of related products which are all made or manufactured by the same company.
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Infant-Industry Theory
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