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The CEO of a Large Organization Once Commented That Earlier

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The CEO of a large organization once commented that earlier in his career,he displayed his diplomas and awards in his office."Top management would drop by my office and immediately get a sense that I was an expert and a professional," the CEO explained."I believe displaying my credentials helped me get promoted." The diplomas helped this executive gain power:


Definitions:

Depreciation

The process of allocating the cost of a tangible asset over its useful life, reflecting the decrease in value due to use, wear and tear, or obsolescence.

Disposable Income

The net income available to an individual or household for saving or spending after income taxes have been deducted.

C + I

An abbreviation for "Consumption + Investment," which are components used in calculating gross domestic product (GDP) in the expenditure method.

Disposable Income

Money that households can allocate towards savings and spending after income tax charges.

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