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Which Tools Are Most Useful to Implement a Strategy

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Which tools are most useful to implement a strategy?

Understand how firms estimate the weighted average cost of capital (WACC) for individual projects, including the pure play approach and subjective approaches.
Learn to calculate a firm's after-tax cost of debt.
Recognize the impact of using book versus market values on WACC calculations and the importance of market-to-book ratios.
Comprehend the application of the perpetuity formula in computing the cost of preferred and common stock.

Definitions:

Global and Local

A concept or strategy that recognizes the need to think globally while acting locally, balancing universal principles with cultural specifics.

Meganational Strategy

A business strategy that involves operating in multiple countries across several geographic regions, focusing on leveraging global efficiencies and synergies.

Integrations

This refers to the process of combining or coordinating different entities, systems, or processes to function together more effectively.

Global and Local Advantages

The benefits that companies gain by leveraging both global standardization to achieve efficiency and local adaptation to meet specific market needs.

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