A successful business continuously generates profit, innovates, and expands. Learn about the traits, strategies, historical context, and examples of successful businesses.
Succession planning is the strategic process of identifying and preparing internal talent to replace key roles in an organization, ensuring continuity and sustained leadership.
A method of calculating the amount by which a fixed asset is depreciated in an accounting period using the sum of the digits for each year of the asset's life.
An in-depth exploration of Sum-of-the-Years' Digits (SYD), an accelerated depreciation method that uses a changing fraction each year to allocate higher depreciation expenses to earlier periods of an asset's useful life.
A summary provides a concise encapsulation of the main points and essential information from a longer text. It is a vital skill in many disciplines including academics, business, and law.
An abbreviated form of the annual accounts and report, providing certain conditions are met, that may be sent by listed companies to their shareholders instead of the full report.
A summary judgment is legal decision entered by a court for one party against another summarily, without a full trial, based on provided pleadings, depositions, admissions, and affidavits.
The Summer Doldrums refer to the generally lower trading volumes and market activity seen throughout the summer months, similar to the Hamptons Effect.
Understand Sunk Cost, a financial concept referring to past costs that cannot be recovered and should not influence current decision making. Learn its definition, implications, and how it differs from concepts like opportunity cost.
The Sunk Cost Fallacy is the phenomenon whereby decision-makers continue investing in a project due to the amount already invested, despite new evidence suggesting that the cost will not be recovered.
A comprehensive guide to understanding the Sunset Strategy, its historical context, types, key events, mathematical models, importance, examples, and more.
Sunspot Theory predicts that economic activity can be coordinated with events outside the economic system. Initially proposed by William Jevons, this theory links economic cycles to solar flares or sunspots. It has evolved to suggest that economic activities can correlate with outside phenomena without direct real economic effects.
Super PACs are independent expenditure-only committees that can raise and spend unlimited sums of money but cannot coordinate directly with candidates or political parties.
An in-depth exploration of superannuation, its historical context, types, key events, mathematical models, importance, and applicability in financial planning.
A comprehensive overview of supercenters, retail establishments that combine supermarkets and discount stores under one roof, such as Walmart Supercenters.
Explore the world of superconductors, materials that can conduct electricity without resistance below certain temperatures, their history, types, key events, formulas, applications, and more.
An in-depth exploration of Supercritical Fluids, their historical context, types, key events, properties, mathematical models, applications, and significance in various fields.
An in-depth look into Superfund Sites, their historical context, types, key events, and their significance in environmental protection and public health.
Supernormal profit, also known as abnormal profit or economic profit, occurs when a firm's profit exceeds the normal expected return. This attracts new competitors to the market.
Superpriority refers to the legal right that certain claims have to take precedence over others, including federal tax liens, in the context of bankruptcy, financial distress, and other areas of law.
The superstructure refers to the part of a building or structure above the foundation, including integral components such as walls, floors, and the roof.
Supervisory Review is the process through which regulatory authorities evaluate the health and performance of financial institutions to ensure stability, compliance, and sound risk management practices.
Supplemental Coverage is additional insurance designed to cover gaps not addressed by primary insurance policies, offering protection for out-of-pocket expenses.
A detailed examination of Supplemental Employee Retirement Plans (SERPs), their benefits, structure, and implications in corporate and retirement planning.
A Supplemental Type Certificate (STC) is a certification issued by aviation authorities that approves modifications to an already type-certified aircraft. This certification ensures that the modifications adhere to safety standards and regulations.
An in-depth look at Supplementary Benefit, a means-tested social security benefit in the UK, its historical context, replacement by Income Support, and more.
A comprehensive examination of the supplementary charge, an additional tax imposed on the profits of oil companies, covering its history, impact, and related terminology.
Supplier Financing involves financial arrangements facilitated by suppliers, often encompassing extended credit terms to help buyers manage cash flow and procurement.
The fundamental economic model explaining how prices and quantities of goods and services are determined in a market based on their availability and individuals' purchasing desires.
Supply and demand is a fundamental economic model that explains how prices are determined in a market based on the relationship between the availability of a product or service (supply) and the desire for that product or service (demand).
A comprehensive guide to understanding the Supply Chain, from raw materials to final product delivery, including the sequence of processes involved in production and distribution.
Supply Chain Insurance provides coverage for financial losses resulting from disruptions in the supply chain, ensuring businesses can manage risks related to production, transportation, and delivery of goods.
The comprehensive management of the flow of goods and services from origin to consumption, encompassing all activities involved in sourcing, procurement, conversion, and logistics management.
A detailed exploration of the role and importance of a Supply Chain Manager, including historical context, responsibilities, key events, models, examples, and related terms.
A comprehensive overview of the supply curve, its definition, historical context, types, mathematical models, and importance in economics and market dynamics.
Supply Risk refers to the potential for disruption in the availability of essential inputs or raw materials necessary for the operation of businesses and projects. This article explores the types, historical context, impacts, and strategies to mitigate supply risk.
A comprehensive examination of Supply Theory, focusing on the relationship between the price of a good and the quantity supplied. This includes historical context, mathematical models, key events, and its importance in economics.
Supply-Side Economics emphasizes the role of supply factors in driving economic growth, in contrast to the Keynesian focus on effective demand. This theory includes reforms in tax systems, restrictive practices, infrastructure, training, and social security to stimulate investment, innovation, and labor supply.
A detailed look at Supply-Side Platforms (SSPs), their history, functionality, types, significance, and applications in the digital advertising ecosystem.
A comprehensive overview of supply-side policy, its historical context, types, key events, explanations, importance, applicability, examples, and related terms.
An article detailing the concept of 'Support' in financial markets and technical assistance contexts, including definitions, applications, and examples.
Support and resistance levels are key price points in financial markets where trends may reverse, aiding in making informed trading and investment decisions.
A comprehensive guide to understanding the Suprachiasmatic Nucleus (SCN), its function in regulating circadian rhythms, historical context, key events, importance, applications, related terms, and more.
The Supramax Index is the third sub-index in maritime shipping, covering smaller vessels that can access a broad range of ports worldwide. It is a vital indicator of the dry bulk shipping market and influences global trade logistics.
The Supremacy Clause is a key provision in the U.S. Constitution that establishes the superiority of federal law over state laws. This clause ensures a cohesive national framework, preventing conflicts between state and federal legislation.
A detailed examination of the Surcharge Liability Notice in the context of VAT regulations, including historical context, key events, types, detailed explanations, charts, importance, applicability, examples, considerations, related terms, comparisons, interesting facts, FAQs, and references.
A comprehensive analysis of surface leases and mineral leases, their definitions, distinctions, applications, and legal considerations in real estate, mining, and energy sectors.
The Surface Transportation Board (STB) is a federal agency in the United States responsible for economic regulation of various modes of surface transportation, primarily freight railroads. It succeeded the Interstate Commerce Commission (ICC).
Surface-Mount Technology (SMT) involves mounting electronic components directly onto the surface of printed circuit boards (PCBs). This article provides an in-depth look at SMT's history, methods, types, and applications in modern electronics.
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