A Comprehensive Framework Called the ____  Was Created by Harvard

question 103

Multiple Choice

A comprehensive framework called the ____  was created by Harvard Business School's Michael Porter for analyzing an organization, its position in the marketplace, and how information systems could be used to make the organization more competitive.

• A)Five Forces Model
• B)Six Sigma Model
• C)Three Pyramid Model
• D)Four Resources Model

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Definitions:

Retained Earnings

The portion of net income left over for a business after it has paid out dividends to its shareholders.

Acquisition Value

Acquisition Value is the total cost incurred to acquire an asset, including the purchase price and all related expenses.

Acquired Net Assets

The total assets purchased from a company during an acquisition minus the liabilities assumed in the process.

Equipment Account

An account on the balance sheet where the cost of purchasing equipment is recorded and progressively depreciated over time.