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MIE 480 KEY TERMS QUIZ 1 QUESTIONS WITH CORRECT ANSWERS

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MIE 480 KEY TERMS QUIZ 1 QUESTIONS WITH CORRECT ANSWERS

Institution
MIE 480
Course
MIE 480

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The market value of outstanding shares of stock. Stock price multiplied by all
outstanding shares.


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Market Capitalization




A traditional approach to planning used before 1980 that often simply extrapolated
into the future what the company had done well in the past.


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Long-range planning

, The process through which strategy is developed, executed, and evaluated. There are
typically four stages of the strategic management process: analysis, formulation,
implementation, and evaluation.


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Strategic Management




The residual income above and beyond normal profit that accrues to owners, deriving
from the prowess of management n planning, supervision, and control.


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Economic Profit




Takes into account both the dividends paid by a company to its shareholders as well
as increases in the price of shares.


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Common stock returns




The strategy involved in managing multiple business units under the same corporate
banner.


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Institution
MIE 480
Course
MIE 480

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