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Questions and Answers
What is the financial goal of any business?
What is the financial goal of any business?
- Maximizing market share
- Maximizing revenue
- Maximizing profit margin
- Maximizing intrinsic value (correct)
What do market indices like the DOW30 and the S&P500 tell us about sustainable competitive advantage?
What do market indices like the DOW30 and the S&P500 tell us about sustainable competitive advantage?
- They highlight the importance of marketing strategies
- They indicate resource allocation efficiency
- They demonstrate the firm's core competencies
- They showcase long-term market performance (correct)
How is ROIC (Return on Invested Capital) defined in the text?
How is ROIC (Return on Invested Capital) defined in the text?
- An indicator of operational efficiency
- A percentage capturing return relative to investment (correct)
- A metric for evaluating employee performance
- A measure of customer satisfaction
What concept does 'creative destruction' refer to?
What concept does 'creative destruction' refer to?
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How is a 'core competency' defined in strategic management?
How is a 'core competency' defined in strategic management?
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What is the primary issue highlighted with using ROIC as a metric?
What is the primary issue highlighted with using ROIC as a metric?
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Why are market indices like the DOW30 and the S&P500 important for investors?
Why are market indices like the DOW30 and the S&P500 important for investors?
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