Response to the following problem:
Define each of the following terms:
a. Assets-in-place; growth options; nonoperating assets
b. Net operating working capital; operating capital; NOPAT; free cash flow
c. Value of operations; horizon value; corporate valuation model
d. Value-based management; value drivers; ROIC
e. Managerial entrenchment; nonpecuniary benefits
f. Greenmail; poison pills; restricted voting rights
g. Stock option; ESOP.