Examlex
According to the definition provided in AASB 138 Intangibles,activities undertaken in the 'research' phase of the generation of an asset may include:
Top Management
The highest level of organizational management, including positions such as CEO, CFO, and other senior executives responsible for overall strategic direction and decision-making.
Longer-term Plans
Strategic objectives or projects that are intended to be achieved over an extended period of time.
Focus
The concentration of attention or energy on a specific object, task, or goal.
Time Horizon
The length of time over which an individual, group, or organization views or plans for future events.
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