Examlex
Which form of business requires no government permission to set up?
Revenue Recognition
The accounting principle that dictates the specific conditions under which revenue is recognized or accounted for.
Intangible Assets
Non-physical assets possessing value such as patents, copyrights, trademarks, and goodwill.
Cost Effectiveness
A measure that evaluates the cost and benefits of a project or decision to determine the best resource allocation.
Flexibility
Flexibility in business refers to the ability of a company to adapt quickly to changes in the market or environment, including adjusting processes, products, or strategies to meet new circumstances.
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