The second topic is about revenue management, which he discusses in depth. The third topic is about human resources, which is covered fairly extensively in the book. Porter goes into very in-depth detail about the different aspects of business and why they are so crucial. However, the fundamentals are solid, and Porter makes it easy to understand why they are so important in business.
Its not a book about the fundamentals of business, but this book is an excellent overview of the different perspectives on business. This is a great introduction to the fundamentals of corporate finance, as well as the process of starting your own company. Porter is well known for his work in the field, and has written several books on the financial industry.
This book is his first major work as a business author. Its great to see a business author go back to his roots and make his work more accessible. In capital budgeting,the decision to accept or reject a Capital Budgeting projectdepends on an analysis of the cash flows generated by the projectand its cost. The investment opportunities with more worth to thefirm than the cost to acquire are identified. The basis of capital budgeting decision is that if there aremore than one project, the management must identify the projectsthat will contribute more profits and consequently, to the value or wealth of the firm.
For e. The composition of the debt and equity capital of a firm isknown as capital structure. The debt portion comprises of long termdebt and short term debt and the equity portion comprises of commonequity and preferred equity. The overall operations and growth of the firm is financed bydifferent sources of funds. Bond issues or long-term notes payableform a part of long term debt and Short-term debt such as workingcapital requirement is also considered to be part of the capital.
While equity is classified as common stock, preferred stock orretained earnings. Cash is the liquid asset to meet the short-term obligations,like working capital requirements. Therefore, cash management fallsinto the category of working capital management. New Other.
0コメント