Creating goodwill among people is important in almost every area of your life. Spreading goodwill makes people feel good about you, and it encourages them to spread goodwill to others. In business, creating goodwill can help you to build relationships that ensure the long-term success of your business. the goodwill asset becomes impaired by a decline in the value of the asset below the purchase price, the company would record a goodwill impairment. This is a signal that the value of the asset has fallen below the amount that the company originally paid for it. Goodwill is an intangible asset that is associated with the purchase of one company by another. Specifically, goodwill is the portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition and the liabilities assumed in the process. Goodwill is an accounting measure of a business's popularity and strength in its market. While goodwill's value on a company's books may be decreased due to market conditions, the only way this asset can be increased is through the business's acquisition of a subsidiary. Goodwill Write-Offs Affect Earnings
When the value of goodwill goes down, it is generally due to decreased brand value, negative market information about he company or the need to adjust for overpaying for the company. Before 2002, goodwill was amortized on the balance sheet -- like a patent, or copyright.
The rules changed in 2001. Since goodwill isn't automatically amortized, it doesn't effect net income and thus profitability. This changes, however, if a company concludes that the amount of goodwill on its books is overstated and a portion of it must be written off.
It should be noted that Process efficiency is a measure of the ratio of process outputs to inputs.
<h3>What is Process efficiency?</h3>
The process efficiency can be regarded as the amount of effort or input required to produce your business's product.
It measures how well a process achieves organizational strategy.
Learn more about Process efficiency at:
brainly.com/question/15418098
<u>Answer:
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A high-stress situation in which one finds oneself in another culture in which former behavior patterns are ineffective and one fails to understand the basic cues of social intercourse is termed as culture shock.
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- When the brain finds itself to have become incapable of processing the information being thrown at it, it gets stressed and becomes vulnerable to the shock received in such a situation.
- In a new culture where there is nothing familiar, the brain finds it difficult to relate the practices, activities, etc. to the experiences from the past and the available knowledge and thus exhibits unresponsiveness.
Answer:
hi me again
Explanation:
we cant talk on the other site because our comments are maxed out so we will have to talk on here <3
Answer:
Relative poverty
Explanation:
Relative poverty is the fenomenon that happens <em>when an individual lacks the minimum income to meet the average standard of living in the area in which he lives,</em> in other words the family in the example experiences relative poverty compared to other individuals in their area because they can reach the average income needed.
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