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Kinetic Solutions Is a Software Firm

question 102

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Kinetic Solutions is a software firm. The management strictly complies with the equal employment opportunity laws. It recruits minorities and women in its workforce, and it advocates equitable treatment of all its employees. The company is regarded as successful as it has a high retention rate of women employees and employees from minority groups. In the context of diversity paradigms, the management of Kinetic Solutions uses the _____.


Definitions:

Net Income

A financial term representing the profit left after all expenses, taxes, and costs have been subtracted from total revenue.

Income

Money received, especially on a regular basis, for work or through investments.

Expenses

Costs that a business incurs through its operations to generate revenue, including costs of goods sold, rent, utilities, and salaries.

Profit & Loss Statement

A financial report that summarizes the revenues, costs, and expenses incurred during a specific period, typically used to assess a company's financial performance.

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