Define a Majority and a Minority Group

question 43

Essay

Define a majority and a minority group. Give an example of each type of group.

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Definitions:

Property, Plant, Equipment

Long-term assets held for business use and not intended for resale, such as buildings, machinery, and vehicles, subject to depreciation.

Depreciated

A decrease in the value of an asset over time due to wear and tear or obsolescence.

Operating Efficiency

A measure of how effectively a company uses its resources to generate profits.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as equipment, property, or industrial buildings.