MGTA01H3 Chapter Notes - Chapter 10: Investment Banking, Business Plan, Electric Utility

• School: UTSC
• Department: Management
• Course: MGTA01H3
• Professor: Chris Bovaird

Document Summary

If the capital is available the organization can proceed. If the capital is not available, sources need to be identified and approached. If all three want to expand the business, they can each inject more capital. In 1985, apple"s board of directors stripped jobs of his position as ceo, reduced his responsibilities, and took away much of his ability to spend the business" capital: jobs was invited to return to apple 12 years later. Debt capital money supplied by lenders: debt capital/loan capital: money that is lent to a business or an individual. A loan must be repaid, usually with interest. Investors people who provide capital to enterprise. Investment bank/investment dealer: a financial intermediary that acts as both advisor and agent in helping businesses to raise capital by selling shares: large corporations often buy other businesses with shares as well as cash.