For Reporting Purposes,a Segment Is Considered Material If Its Assets

question 11

True/False

For reporting purposes,a segment is considered material if its assets are 15 percent or more of the combined assets of all operating segments.

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Definitions:

Fragmented

Characterizes something that is broken or separated into parts, often making it difficult to function as a whole.

Glocalization Framework

refers to strategies adopted by businesses to think globally but act locally, ensuring their products or services are adapted to fit the cultures and norms of specific markets.

Global Brands

Are brands that have a widespread international presence, offering products or services across many countries with a consistent brand identity.

Multi-Cultural Collage

An approach to marketing that integrates diverse cultural elements and influences to appeal to a wide array of demographic segments.