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Which drives are unlearned and arise from basic biological needs such as the need for food and water?
Reportable Segment
A component of a business that earns revenues and incurs expenses, and for which separate financial information is available and regularly reviewed by the entity's chief operating decision-maker in deciding how to allocate resources and assess performance.
Operating Segment
A component of a business that engages in business activities from which it may earn revenues and incur expenses, and for which discrete financial information is available.
Asset Group
A collection of assets that share similar characteristics and are accounted for together in financial reporting.
Production Phase
The production phase is the period in a business cycle when raw materials are converted into finished products.
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