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In: Accounting

This assignment has 2 parts: What competencies were you able to develop in researching and writing...

This assignment has 2 parts: What competencies were you able to develop in researching and writing the course Comprehensive Project? How did you leverage knowledge gained in the intellipath assignments (Units 1- 4) in completing the Comprehensive Project? How will these competencies and knowledge support your career advancement in management? Discuss the similarities and differences between shareholder wealth maximization and stakeholder wealth maximization.

Solutions

Expert Solution

  • One major competency developed when researching this project was how expansion in the international market affects a company. It is important to continue to look for opportunities to re-evaluate, assess the target market, and position the business for success against the competitors.
  • I leveraged feedback by the discussion board from fellow classmates and different mind brought different views to the topic. Intellipath provided the additional learning required for better understanding of the subject matter.
  • These competencies will help to develop good business practices, make better decisions and create strategies used for growth and development. It helps to develop a team of qualified leaders to fulfill the vision of the business.
  • Shareholders are the investors who want to see the corporation do good financially in the long-term. Shareholder wealth maximization is building up more money for all investors of the corporation.
  • Stakeholders are more interested in the value and how good the corporation is doing as oppose to profits. Stakeholders maximization is performing better and increasing the quality of the business.

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