What is an Internationalization Strategy? An Internationalization strategy is when an organization seeks to expand to foreign markets.  Types of Internationalization Strategy An internationalization strategy can be broken down into the following three strategies: Multi-domestic Strategy This strategy customizes produce and service offerings to a for...

What are the Intellectual Property Considerations for Product or Service Development? Part of a competitive strategy includes establishing rights in a product or service method that is not subject to copy or complete imitation by competitors. This may require capturing intellectual property rights in the form of a Patent, Copyright, Trademark, Trade...

What is At a Discount? At a discount is a term that refers to a situation in which a stock is traded at a price below its regular price or par value. When a security is sold below the current market value or sold below its nominal price, the security is trading at a discount. The face value or par value of a security is its nominal price, it is the ...

What is Sense Making? Sensemaking or sense-making is the process by which people give meaning to their collective experiences. It has been defined as "the ongoing retrospective development of plausible images that rationalize what people are doing" Wick, Sutclieffe, & Obstfeld (2005).   What is Sensemaking Theory?  In sensemaking theory, organiz...

What is Performance Management? Performance Management is the process of continuously identifying, measuring, and developing workforce performance within the organization. This means aligning the goals and objectives of individuals, groups, and the organization.  Managers project, identify, compare, and foster performance within the organization. It...

What is a Schedule K-1? A Schedule K-1 refers to a tax form that businesses partners use to report their partnership earnings or income, losses, dividends and credits. A schedule K-1 is a tax document that the Internal Revenue Service (IRS) requires business partners to file for tax purposes. The tax document is prepared to report each partners shar...

What is a Martingale System? Martingale system refers to an investment system which holds that the investments dollar value continues to increase despite it experiencing successive losses. It is a system believed to help investors double up his or her profits so that whatever that was lost can be recovered from the doubled profits. This system was i...

What is a Binomial Tree? In the finance field, the term binomial tree refers to a graphical representation with possible intrinsic values showing that an option may take place at different periods or nodes. Under this model, the options value depends on the underlying financial instruments, such as bonds or stock. On the other hand, the nodes option...

When is  Sharing of Information Illegal Under the Sherman Act? A horizontal restraint on trade is commonly understood to be illegal. Under the Sherman Act 1, sharing of information among competitors with the purpose of restraining trade (i.e., a naked restraint of trade) is per se illegal. So, the question of whether information sharing is illegal t...

What is a Supply Schedule?  A supply schedule is a list or table that demonstrates the quantity of a good or service supplied in a market at a given price.  Related Topics Budget Constraint Radner Equilibrium Opportunity Cost Opportunity Set Marginal Analysis Utility Self Interest Cost-Benefit Analysis Enlightened Self-Interest Fisher's Separation T...