Lecture 3 - Planning Critical Success Factors Stakeholders...

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Critical Success Factors Stakeholders Top Management Vision Strategy Mission Middle Management First-Line Management Planning Organizing Directing Controlling EXTERNAL INTERNAL Economic Social Technological Political Marketing Finance Human Resources Operations
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Factors of Production: Capital We will begin our discussion of the economic environment of business by examining how firms and government raise the capital (money) necessary to operate Reference: Lab Manual p7-25 “Overview of the Canadian Financial System” reading This is commonly referred to as the Capital Formation Process
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Internal vs. External Financing Two ways in which corporations and governments can obtain capital Internal Financing Corporations: Reinvest profits (retained earnings) Governments: Tax Revenues External Financing When internal sources of capital are insufficient…go to the Capital Markets
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External Financing: The Canadian Capital Markets Capital Markets: Definition
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This note was uploaded on 02/21/2010 for the course BUS 111 taught by Professor Jimmccutcheon during the Fall '09 term at Wilfred Laurier University .

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Lecture 3 - Planning Critical Success Factors Stakeholders...

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