Innovation Behavior. Innovation is a skill, not a gift. Top organizations drive growth by nurturing and investing in innovation as a competency. One way organizations make it real is by including innovation within formal competency models. Professor Rodney Rogers of Portland State University defines a competency as a persistent pattern of behavior resulting from a cluster of knowledge, skills, abilities, and motivations.
Annual percentage yield is a normalized representation of an interest rate, based on a compounding period of one year. APY figures allow for a reasonable, single-point comparison of different offerings with varying compounding schedules. However, it does not account for the possibility of account fees affecting the net gain. APY generally refers to the rate paid to a depositor by a financial institution, while the analogous annual percentage rate refers to the rate paid to a financial institutio
Accounts payable often are referred to as âpayables.â AP also may refer to a business department or division that is responsible for making payments owed by the company to suppliers and other creditors. Investopedia explains Accounts Payable (AP).