Definition
Statement made formally and publicly to the press for mass distribution. Announcements can be made in response to something such as rumors, or can be made for positive reasons such as the introduction of a new product or practice. For example, a company in the business of manufacturing computers may unexpectedly make an announcement about a new computer model. See also press release.
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When returns on capital are ordinary, an earn-more-by-putting-up-more record is no great managerial achievement. You can get the same result personally while operating from your rocking chair. Just qu ... Read more
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