Mgt 234

-Backward Integration: assuming a function previously provided by a supplier

-BCG Growth-Share Matrix: sectioned into four quadrants and portrays a corporation's portfolio investments.

-Competitive Advantage: determined by resource endowments; must identify strengths/weaknesses, combine core competencies, appraise profit potential, select strategy, and identify resource gaps.

-Core Competencies: a collection of corporate capabilities that cross divisional borders are widespread within a corporation, and is something that a corporation can do exceedingly well.

-Corporate Governance: the relationship among the board of directors, top management, and shareholders in determining the direction and performance of a corporation.

BOD: role is to monitor, evaluate and influence, and...