Match the Term with Its Definition

question 76

Essay

Match the term with its definition.
a.Cost of goods sold
b.Current ratio
c.Debt ratio
d.Depreciable assets
e.Income statement
f.Interest expense
g.Inventory
h.Net fixed assets
-A financial report showing the amount of profits or losses from a firm's operations over a given period of time

---

Definitions:

Transgenerational Entrepreneurship

Entrepreneurial activities and mindsets that are passed down through family generations, involving succession in family businesses.

Formal Approach

pertains to methodical, structured procedures or methods applied in various fields such as research, business, or problem-solving.

Managerial Methods

Techniques and strategies employed by managers to achieve organizational objectives effectively and efficiently.

Incremental Change

Gradual modifications or improvements made over time to processes, products, or services, rather than through major leaps or innovations.