Need this answered please, my reaserch firm is Columbia sportswear company. Need

Question

Need this answered please, my reaserch firm is Columbia sportswear company. Need an explanation as the changes in general environment for Columbia sports wear

External Environmental Analysis General Environment 0 NOTE: The sections for external and internal environmental analysis should not use the information in your textbook case. You are required to update the environments using recently published news articles company document, and databases. So, citations and references are necessary. Identify one future event that seems to be most salient. Use two most salient segments of general environment that will influence your research firm (e.g., sociocultural, demographic, economic, physical, regulative, technological, global segments). Therefore, do not use the environments that were introduced in your textbook case. Instead, you can use news articles published after August 1, 2017 and be sure to put citations and references If you need a graphical analysis such as bar charts and pie charts, use it. However, you should send it to an appendix page.

Explanation / Answer

In general, a liability is an obligation between one party and another not yet completed or paid for. In the world of accounting, a financial liability is also an obligation but is more defined by previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date. Liabilities are usually considered short term (expected to be concluded in 12 months or less) or long term (12 months or greater). They are also known as current or non-current depending on the context.

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