Business And Finance Homework
1)
Business Level Strategy
Visit the websites of two luxury car makers:
- Lincoln at http://lincoln.com
- BMW at http://www.bmwusa.com
These two automotive giants compete in the same strategic group. Browse each website and search for each company’s business-level strategy.
How are the luxury car competitors’ strategies similar? In what manner are they different? Which company has the competitive advantage and why?
2)
Compounding Interest and the Banker
There are many factors influencing the cost of money for both individuals and corporations. Suppose you deposit money in an interest bearing account and at the same time borrow a bit of money from the same bank.
- In which account would the bank apply quarterly compounding factors versus simple interest?
- Explain your choices and your reasoning. You may want to check your personal accounts in regard to this type of transaction.
