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QUESTION
"Value of Information" Please respond to the following: Firms realize that in order to make money, they have to invest money. This can be attributed...
- Firms realize that in order to make money, they have to invest money. This can be attributed to the information that the firm relies on. As discussed in the text, there are seven characteristics of useful information. From the first e-Activity and assuming that you are new CFO of Strayer University, identify the top-three characteristics you would rely on the most for improving the profitability of the firm. Provide an example of how each characteristic would directly help the firm in terms of profitability.
- On the other hand, public and private firms are accountable to a wide range of regulators and stakeholders. Of the seven characteristics, identify the top three that would be applicable to meeting the needs of regulators and stakeholders. Provide an example of how each characteristic would directly help the firm in terms of meeting the needs of these key regulators and stakeholders.
- Review Strayer University’s last annual report and use other tools to find out more about Strayer’s business model. Be prepared to discuss.
- Using the Strayer databases and Internet, select and review a firm that has multiple lines of businesses. For example, review the Washington Post Corporation to see how it is a multiple-line business organization.
