Major competitors' weaknesses can represent internal opportunities

The difference between the present value of future after-tax cash inflows and the present value of future cash outflows of an investment project is the:

a. Internal rate of return (IRR) of the project. b. Modified internal rate of return (MIRR) of the project. c. Book (accounting) rate of return for the project. d. Modified internal rate of return (MIRR) on the project. e. Net present value (NPV) of the project.

The Business Strategy Diamond

A) allows firms to bypass the MPR process. B) helps managers to identify critical elements of strategic planning. C) is an early management philosophy recently replaced by the marketing mix. D) emphasizes the use of conventional media rather than non-media connectors. E) is a business model that saves managers from asking questions about strategy.