Examlex
The statement of retained earnings reports how the company's retained earnings balance changed from the beginning of the period to the end of the period.
Long-term Version
A strategic focus or approach that prioritizes long-term goals and outcomes over immediate gains or results.
Contingency Planning
The development of strategies and actions to deal with potential future events or situations that may disrupt normal operations.
Benchmarking
The practice of evaluating one's company operations and performance indicators against the highest standards in the industry or the optimal practices observed in other firms.
External Comparisons
The process of evaluating oneself, one's abilities, achievements, or conditions in relation to others.
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