What are Search Terms? Oftentimes, web users launch queries on search engines, they seek relevant information, website contents, news articles, images, maps and other snippets relevant to their topic of search. A search query can only be initiated using a search term. A search term refers to a word or a strong of words that a web user types in a sea...

What is an Asset Acquisition Strategy? An asset acquisition strategy seeks to achieve growth or expansion through the purchase of other companies or their assets. This is an inorganic growth strategy.  Related Topics Organizational Strategies Growth-Based (Expansion) Strategies Inorganic Growth Organic Growth Diversification Concentration Integratio...

What is the Settlement of a legal dispute? A settlement means that the parties to a legal dispute work out their differences and enter into an agreement to resolve the situation.  How Does a Legal Settlement Work ? By voluntarily entering into an agreement to resolve the situation, the parties enjoy numerous advantages over litigation.  First, the p...

How do Monopolistic Competitors Affect Market Entry? If one monopolistic competitor earns positive economic profits, other firms will be tempted to enter the market.  The entry of other firms into the same general market  shifts the demand curve that a monopolistically competitive firm faces. As more firms enter the market, the quantity demanded at ...

What is the Break Even Point on the Cost Curve? Again, the perfectly competitive firm will choose the level of output where Price = MR = MC.  At this price and output level, where the marginal cost curve is crossing the average cost curve, the price the firm receives is exactly equal to its average cost of production. We call this the break even poi...

What are Joint Products? Two or more products made from a single input are called joint products.  The costs of the single input and related manufacturing process costs must be allocated to each of the joint products.  What are Joint Costs?  The cost of this single input and the related manufacturing process costs are called joint costs.  Two method...

What is a plan of reorganization? In a Chapter 13 case, the debtor proposes a plan of reorganization. In this plan, the individual will pay all secured debts and make payments on all unsecured debts for a specified period of time (generally 7 years). The trustee in bankruptcy will review the plan and make a recommendation for court approval. In Chap...

What is A Posteriori? A posteriori is a Latin phrase that means "from the later." It refers to knowledge gained following the analysis of an issue. It is the opposite of A Priori, which is knowledge obtained prior an analysis. It is deemed to be experiential whereas its opposite - a priori is deemed to be universal. How does  A Posteriori Work? As k...

What is the Culture Types Model?  The Culture Types Model, by Deal and Kennedy (1982), identifies four corporate culture types characterized by Feedback Speeds and Degree of Risk. Components of Corporate Culture?  Deal and Kennedy argue corporate culture is based on an interlocking of six components:  history,  values and beliefs,  rituals and cerem...

What is a Form I-20? The Form I-20 is a Department of Homeland security form designating a an individuals eligibility for the following visas: M-1, M-2, F-1, and F-2. It is primarily used to designate a foreign students eligibility an F-1 Visa to study in the United States. More specifically, it serves as the Certificate of Eligibility for Nonimmigr...