WRITE-DOWN Definition

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WRITE-DOWN is the reduction in the book value of an asset.

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EXTERNAL ENVIRONMENT is factors (conditions, trends, and forces) essentially outside the control of organizational members. External environmental scans are conducted to identify important factors in the external environment. This analysis is often a critical aspect in all business or strategic plans.

TRANSACTION DRIVERS are used to count the frequency of an activity, i.e., the number of times an activity is performed.

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