Examlex
A net operating loss (NOL)occurs when taxable income for any year is negative because itemized deductions exceed business income.
Defensive Strategy
A business approach aimed at reducing risk, protecting market share, or countering competitive threats, typically through measures like cost-cutting, innovation, or partnerships.
Diversifying
Expanding a company's range of products or markets to reduce risk and increase potential for growth.
New Products
Items that have been recently introduced to the market, offering novel features or benefits to consumers.
Offensive Strategy
A proactive approach in business or sports aiming to attack or target opportunities aggressively in order to gain a competitive edge.
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