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Questions
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We are opening a facility in California and understand that non-competes are effectively illegal there.
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People with the job titles "investment banker" and "business broker" seem to serve the same function. Both help business owners sell their business. Both also represent buyers looking for companies to buy. What are the differences? How is compensation different between investment bankers and business brokers? Is this just a terminology difference?
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I am reviewing financial projects from a technology start up. They show the gross profit margin as high as 118%. In some years it is less than 100%. Is there any circumstance that gross profit margin would exceed 100%?
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I am a domain expert working on a due diligence team as part of a corporate acquisition. The term "proprietary deal flow" came up and I would like to know what it is and how it works.
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Answers
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Hoshin planning like most strategic planning processes is a system of setting business goals at all levels of the organization, defining the actions that will be taken to pursue those goals, and implementing consistent measurement and reporting in order to track progress toward each goal. Hoshin planning is known for involving all levels of the organization in the planning process and tracking results at every level in an effort to ensure that the entire organization is consistently working toward the established goals.
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Product management covers the full spectrum of activities required to develop, promote, sell, produce and deliver a product (or service). Practically speaking, many product managers only have responsibility for sales, marketing and ongoing design/development of a particular product (without having responsibility for the production and delivery aspects or any responsibility for the development of brand new products). Because of the broad scope of responsibilities involved in product management, it is considered in many large organizations to be the primary training ground for becoming the head of a division/business unit or CEO.
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The IP and TCP layers both have checksums in IPv4, but only the TCP layer in IPv6. See the following Stack Exchange questions for more detail. https://stackoverflow.com/questions/7476543/checksum-done-on-internet-layer-or-transport-layer https://networkengineering.stackexchange.com/questions/52936/difference-between-ip-checksum-and-tcp-checksum
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The link below outlines a similar scenario and walks through a solution that may be helpful. https://www.pearsonitcertification.com/articles/article.aspx?p=1843889
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Check out this similar question and the answers on Stack Overflow: https://stackoverflow.com/questions/4365025/insertion-sort-in-c-using-linked-list
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