Examlex
In a synthetic lease a special purpose entity (SPE) is set up by a corporation that wants to acquire the use of an asset.The SPE borrows up to 97% of its capital, uses its funds to buy the asset, and then leases it to the sponsoring corporation on a short-term basis.This keeps both the asset and the debt off the sponsoring company's books.
Competitive Advantage
This is the attribute that allows an organization to outperform its rivals, achieved through offering greater value to consumers or operating more efficiently.
Human Capital
The total set of skills, understanding, and virtual assets owned by individuals that have the potential to create economic profits for the individuals, the companies they work for, or their local community.
Challenges and/or Opportunities
Situations that present difficulties requiring a response, or favorable circumstances that can lead to progress and growth.
Field of OB
The Field of OB, or Organizational Behavior, studies how individual behavior and group dynamics affect decision-making, performance, and culture within organizations.
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