BU111 Study Guide - Final Guide: Protectionism
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BU111 Full Course Notes
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Critical success factors: achieving financial performance, meeting customer needs, building quality products and services, encouraging innovation and creativity, gaining employee commitment, creating a distinctive competitive advantage. Voting rights: part ownership gives you a say in the company, you can vote on who you want to elect to be on bod, majority basis, bod oversees management of the entire company (strategic decisions, making sure company is acting properly, people that don"t own shares are less bias. Annuity: the sooner you receive the money, the quicker you can start earning a, the purchasing power of money decreases over time, there is a greater chance you will not receive the money as time goes, multiple constant payments over a period of time (same size, over the same interval) Car leases: payments are made at the beginning of each month, deposit/upfront cost, lease payments, residual value, sum of these 3 parts is equal to present value of the lease.
