In MS Word (or some other compatible
word processor), answer the following
Study Questions and reference and cite all
your sources in accordance with the APA
style.
1. Explain Porter’s five basic forces of
competition.
2. Gitman says that the goal of a firm is to
maximize the wealth of its owners. What
can financial managers do to achieve this
end?
3. The Joint Management Improvement
Program of the U.S. government’s Chief
Financial Council presents 18 core
competencies for management analysts
and financial specialists.
Which three of the competencies do you
think are most important for level one
(entry-level) people? Explain.