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Q: What is the cumulative work of the processes of a firm?
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A cumulative advantage is the totality of the advantage that the business has compared to competitors. This includes employees, intellectual property, and business processes.


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Stochastic processes are families of random variables. Real-valued (i.e., continuous) random variables are often defined by their (cumulative) distribution function.


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Enterprise systems integrate the firm's key business processes in sales, production, finance, logistics, and human resources into a single software system so that information can flow throughout the organization, improving coordination, efficiency, and decision making.These systems help create a more uniform organization in which everyone uses similar processes and information, and measures their work in terms of organization-wide performance standards. The coordination of the firm's key business processes allows the firm to respond more rapidly to customer demands.


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Example sentence for the noun 'firm':I work for an international electronics firm.


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How is work at mattress firm?

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Is net income a cumulative amount?

"Net income" refers to income earned during a single accounting period (for example, a single year) only.Positive net income for a particular accounting period increases Retained Earnings, which is a cumulative amount that includes (among other things) all cumulative earnings and losses from the date of the firm's inception. A net loss for any given accounting period decreases Retained Earnings.


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An optimum firm s one that has favorable working conditions. This is a firm that has created a conducive work environment.


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