Suppose Your Friend, Who Is a Small Business Owner, Wants

question 76

True/False

Suppose your friend, who is a small business owner, wants to computerize her business functions such as accounting, payroll, and inventory management. She would need to purchase separate software to meet each functional requirement.

Understand the effect of changes in required rates of return on stock valuation using the dividend growth model.

Understand the core aspects of Porter's Five Forces Model and its application to evaluating competition.

Identify elements of the value chain analysis and its role in identifying a company's core competencies.

Recognize different strategies for achieving competitive advantage, including response-based, cost leadership, and standardization strategies.