With Which of the Following Is Michael Porter Is Most

question 12

Multiple Choice

With which of the following is Michael Porter is most closely associated?

• A)Strategic CSR
• B)the industry perspective
• C)the resources perspective
• D)SWOT analysis

---

Definitions:

Average Daily Cost

The total cost associated with a process or product divided by the number of days in the period being considered.

Days' Sales

A financial metric, often calculated as days sales outstanding (DSO), that measures the average number of days it takes a company to collect payment after a sale has been made.

Retail Method

An inventory valuation method used by retailers that estimates inventory value by applying a cost to retail price ratio.

Estimated Cost

An approximation of the cost for goods or services, projected based on current information and past experience.