One of the Four Most Fundamental Factors That Affect the Cost

question 58

True/False

One of the four most fundamental factors that affect the cost of money as discussed in the text is the time preference for consumption.The higher the time preference,the lower the cost of money,other things held constant.

Recognize the impact and strategies of Porter’s generic competitive strategies model.

Understand the significance of competitive advantage in business strategy.

Comprehend the concept and strategic importance of business ecosystems.

Describe the various Internet business models and their strategic implications.