Are you sure you have a strategy? (Hambrick and Fredrickson, 2005)
Strategy has become a catchall term used to mean whatever one wants it to mean; e.g.,
"service strategy; "branding strategy; "acquisition strategy;thus the term has becime
COM 445 Corporate Finance
Chapter 11 Derivatives: Forwards, Futures, and Swaps
1. Derivatives - What is a Derivative?
a derivative derives its value from the value of some other financial asset or variable.
For example, a stock op
University of Victoria
Faculty of Business
Commerce 402 (A02) Legal Issues in Management (Summer 2014)
Prof. Mark D. Bridge, LL.M., J.D.
Barrister & Solicitor (British Columbia, England & Wales)
Tel: 250 721 6068
COM 425 Taxation For Managers Chapter 4
1 Income from Employment
1.2 Scope and Structure of Employment Income
1.2.1 Definition of Employed
1.2.2 Employment Income Fundamental Rules and Basic Formula
2 Cash Basis
2.2 Salary Defer
COM 425 Taxation For Managers Chapter 5
1 Income from Business
2 Business Income Defined
3 General Rules for Determining Business Income
3.1 Profit Defined
3.2 Generally Accepted Accounting Principles
3.3 General Limitations to Business P
Looking Inside For Competitive
Strategic managers have long been interested in
understanding sources of competitive advantage.
Traditionally this effort has focused on the
relationship between environmental opportunities
and threats o
1) what a company might do in terms of environmental opportunity and risk;
2) what it can do in terms of material, technical, financial, and managerial resources;
3) what alternatives are preferred by (i.e., the values of) the top ex
Core Elements and Purpose of Concepts We Have Covered (through Ses. 5)
The Concept of Corporate Strategy (Andrews)
Purpose: To Formulate a Strategy in a Very Systematic Manner
Strategy formulation is determined by considering:
1) what a company might do i
How Competitive Forces Shape Strategy (Porter)
Strategy is all about staking out and protecting a position that can be defended; about making
choices; about how to position your company in its environment.
Strategic thinking involves asking 2 critical que
Solutions to Even-Numbered Key Concept Questions
[ITA: 6(1)(a), 6(4) Taxable benefits]
Mike must include $2,100 in his income for tax purposes.
Employer-paid premium for life insurance coverage [ITA 6(1)(a), 6(4)]
Club membership dues, not principa
Cost Allocation: Joint Products and Byproducts
I. Joint-Cost Terminology
Joint costs are the costs of a production process that yields multiple main products simultaneously.
Product is any output that can be sold at full product cost plus profi
Solutions to Key Concept Questions
[ITA: 9(1) Capital vs. Income]
The intended use of the property on acquisition is the principal factor in deciding its tax
treatment on a subsequent sale.
In Bills case, the land was acquired for the purpose of pr