Northeastern University and Penn State University Both Offer Online MBA

question 17

Multiple Choice

Northeastern University and Penn State University both offer online MBA programs that are available to students around the world. This is an example of

• A) globalization.
• B) customization.
• C) licensing.
• D) nationalization.
• E) regionalization.

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Definitions:

Double-Declining-Balance

A method of accelerated depreciation that results in higher depreciation expense in the early years of an asset's life.

Estimated Life

The expected duration or operational lifespan of an asset, determining how long it will be useful and depreciated in accounting records.

Salvage Value

The estimated value that an asset will realize upon its sale at the end of its useful life, also considered in depreciation calculations.

Asset Improvements

Enhancements or upgrades made to a company's assets to increase their efficiency, productivity, or value.