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Globus Final Exam Questions and Essays with 100% Correct Answers
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Globus Final Exam Questions and Essays with 100% Correct Answers
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Globus Final Exam Questions andEssays with 100% Correct Answers
shareholders - ✔ ✔ individuals or organizations that own one or more shares of stock in a
public company.
risk capital - ✔ ✔ money provided for an equity share
total return to shareholders - ✔ ✔ return on risk capital, including stock price appreciation
plus dividends received over a specific period.
market capitalization - ✔ ✔ captures the total dollar market value of a companys
total outstanding shares at any given time.
economic value created/added - ✔ ✔ difference between a buyers willingness to pay for
a product or service and the firms total cost to produce it.
value - ✔ ✔ denotes the dollar amount (V) a consumer attaches to a good or service.
producer surplus - ✔ ✔ difference between the price charged (P) and the cost to produce (C).
consumer surplus - ✔ ✔ difference between what you would have been willng to pay (V)
and what you paid (P).
opportunity costs - ✔ ✔ capture the value of the best forgone alternative use of the
resources employed
, balanced scorecard - ✔ ✔ framework to help managers achive their strategic objectives
more effectively
advantages of a balanced scorecard - ✔ ✔ -communicate and link the strategic vision
to responsible parties within the organization
-translate the vision into measureable operational
goals - design and plan business processes
-implement feedback and organizational learning to modify and adapt strategic goals when
indicated
triple bottom line - ✔ ✔ three demensions
1) economic
2) social
3) ecological
profits - ✔ ✔ economic dimension, captures the necessity of businesses to be profitable
to survive
people - ✔ ✔ social dimension, emphasizes the people aspect
planet - ✔ ✔ ecological dimension, emphasizes the relationship between business and
the natural enviorment
sustainable strategy - ✔ ✔ achieving positive results in the profits, people, and ecological
areas will result in a
business model - ✔ ✔ details the firms competitive tactics and initiatives.
razor-razor blades - ✔ ✔ pay for replacement (razor blades)
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