Answer the questions
Please reference and cite all your sources in accordance with the APA style. you could have provided an organizational example (Walmart) in order to have illustrated this point better, (detail required for your answer). No Plagiarism.
- Explain Porter’s five basic forces of competition.
- Gitman says that the goal of a firm is to maximize the wealth of its owners. What can financial managers do to achieve this end?
- The Joint Management Improvement Program of the U.S. government’s Chief Financial Council presents 18 core competencies for management analysts and financial specialists. Which three of the competencies do you think are most important for level one (entry level) people? Explain.
- USE OTHER REFERENCES
Porter, M. (1979). How competitive forces shape strategy. Harvard Business Review, Retrieved from http://faculty.bcitbusiness.ca/KevinW/4800/porter79.pdf
Unit 7 Notes: Marketing
Gitman, L. J. (2003). Principles of managerial finance. Upper Saddle River, N.J.: Pearson Education Inc. Retrieved from http://wps.aw.com/wps/media/objects/222/227412/ebook/ch01/chapter01.pdf#35
A Joint Project of the Human Resources Committee of the Chief Financial Officers Council and the Joint Financial Management Improvement Program. (1998). Core competencies in financial management for management analysts and financial specialists. Joint Financial Management Improvement Program. Retrieved from http://www.atlas101.ca/pm/wp-content/uploads/2015/12/Core-Competencies-in-Financial-Management-USA.pdf
Business Case Studies. (n.d.). Coffee – The supply chain: A Nestlé case study. Business Case Studies. Retrieved from http://businesscasestudies.co.uk/nestle/coffee-the-supply-chain/introduction.html#axzz2c3DZRNK1