Saturday, June 15, 2019
Strategic Corporate Finance Mod 5 Case Assignment Essay
Strategic Corporate Finance Mod 5 Case Assignment - Essay casingNet Present Value (NPV) method is one of the most important methods used to make capital budgeting decisions by businesses today. NPV method is important because it helps financial managers maximise sh areholders wealth by making better capital budgeting decisions. Basically we can determine whether a project is worth investing in or non by comparing the present value of inflows and outflows discounted at the rate of cost of capital. If the PV of net flows is positive (PV of inflows is more than the PV of outflows over the life of the project), we consider it a frank investment because it will increase shareholder wealth, and vice versa. In other words, must have a positive net inflow. In the given scenario, T-Mobile confederation is considering a new project that will cost $3,219,000. This is the initial cash outflow. The company has provided the following cash flow figures Year Cash Flow 0 -$3,219,000 1 350,000 2 939,000 3 1,122,000 4 500,000 5 400,000 We are told that T-Mobiles cost of capital discount rate is 4%, and are required to foretell the projects net present value. PV of Cash Inflows = 350000/(1.04)1 + 939000/(1.04)2 + 1122000/(1.04)3 +500000/(1.04)4 + 400000/(1.04)5 350000/1.04 + 939000/1.0816 + 1122000/1.1248 + 500000/ 1.1698 + 400000/ 1.2166 336538.46 + 868158.28 + 997510.66 + 427423.49 + 328785.13 $2,958,416.02. NPV= PV of Inflows PV of Outflows NPV =$2,958,416.02 3,219,000 NPV= (260,583.98) Since the NPV is negative, or the PV of inflows is less than the PV of outflows for the project, investing in it will decrease shareholder wealth. The investment opportunity should be rejected. Even at the higher discount rate of 6%, the PV of inflows would decrease further, and the decision would be the same i.e. it is better not to invest here. Part II T-Mobile-Sprint Merger Mergers and acquisitions are normally the two routes chosen by corporate entities to expand their businesses in the marketplace. These are often a hot topic in the business fight down (McClure, 2011). One rumor being floated around is a potential merger between mobile phone giants T-Mobile and Sprint. Mergers between two large companies are usually complicated, even though there whitethorn be possible synergies in 4G technologies that might be possible in such an instance. While mergers can study about great rewards, at the same time they can also entail great risks and pitfalls. Differences in valuation, differences in accounting procedures and operational and administrative difficulties may emerge (Gaughan, (2001). This part of the assignment asks us to do some research concerning the arguments both for and against such a merger from a financial perspective. We are considering the get along from the point of view of whether or not such a merger would be a profitable undertaking that would add value to the shareholders of both corporations or not. Do you think a merger between Sprint and T-Mobile would add value to the shareholders of both corporations? Based on your analysis and findings (Part I and Part II), what would you urge to the shareholders of both corporations? Should both companies merge? Please explain your reasoning. From the point of view of synergistic benefits, there is certainly a lot of merit in pursuit to merge Sprint and T-Mobile. As of the date of the article in July 2010, both Sprint
Friday, June 14, 2019
How Does Knowledge Impact the Development of the Self Essay
How Does Knowledge Impact the Development of the ego - Essay ExampleThe views of contrastive authors such as Beth Loffreda, Juhani Pallasmaa, Miller and Spellmeyer as it regards to cognition go out be discussed. The paper will also address how the government, society, religion, family, gender, race and orientation contribute to the creation of self. Acquisition of knowledge Knowledge is acquired through higher commandment but privy also be acquired through plentiful sources such as books, newspapers, the internet, experiences, imagination, and visualization among others. As one interacts with other people in school, officiate place, social places or even while travelling he or she keeps on learning new things. It is explicitly clear that the acquisition of knowledge can not be confined in the learning institutions alone. Learning takes place every where, whether alone or in the presence of others. Definition of self Self can be referred to as ones identity, abilities, characte r and attitudes, particularly in relation to an one-on-one or things extraneous oneself. It is the fundamental qualities distinguishing one someone from another. People have different characteristics and attitudes and this is what defines their behavior and thus identity. How knowledge impacts on the development of the self as discussed by the four authors Human connectedness plays a crucial utilisation in the betterment of self identity in the philosophical and sociological aspects of life. It is the capacity to separate our inner self from the world outside. It enables us to view ourselves as individual persons and also look at ourselves from the perspective of someone else. Juhani Pallasmaa, who is the author of The Eyes of the Skin, focuses on the aspects of reasoning as one acquires knowledge from time to time. Acquisition of knowledge brings one to his true sense of self since it makes him or her feel more connected with other people. Knowledge from various sources helps a n individual get the true sense of connectivity and existence by associating with other people in the society. According to Pallasmaa, one sense of self is dependent upon many different attributes, for example their occupation, relationships, likes and dislikes, memories, imagination, and dreams (286). These make a person unique from others. Knowledge thus helps people perceive things differently and this is influenced by the environment we are brought in. It plays an enormous role since it enables individuals to gravely analyze their actions. Perception brings out the question of ones identity. We always ask ourselves how others will view us before we act in any manner. This ensures that there exists a healthy relationship with those we interact with. People express opinions differently depending on what they have gone through in the outside world. Pallasmaa argues that people perceive others based on the physical gestures since vision has more dominance when compared with the othe r four senses. Knowledge acquired shapes an individuals way of life. It thus determines how one behaves, his social status, friends and the general way of living. Pallasmaa also asserts that, while using the internet, one may jump from one page to another, skimming articles and reading emails, but this does not recede away his memories, imagination, and dreams (286). The sense of self is exposed when our senses are used to give reason to our general actions. Pallasmaa implies the importance
Thursday, June 13, 2019
My opinion about Alternative Worlds Article Example | Topics and Well Written Essays - 1250 words
My opinion about Alternative Worlds - Article ExampleMegatrends describe the major and progressive changes that will define and shape the world in the near future. The world in 2030 will certainly be a lot opposite than the world at present as different factors, including individuals position, ownership of power, demography, and availability of food, water and energy, would have changed. According to the article, the major trends in the near future atomic number 18 likely to concern individual empowerment, diffusion of power, demographic patterns, and growing food, water and energy nexus. Each of these megatrends is discussed as below.Individual Empowerment refers to the individualistic power that hatful in future are likely to possess as compared to the present. In the next 15 to 20 years, the level of poverty is likely to reduce and so causing a rise in the number of people categorised as middle class in the entire world. Also, such people would be more educated, have access t o modern communications and manufacturing technologies, as well as live in a world with better health-care facilities. This trend is epoch-making as it determines the amount of power that an individual possesses. Unlike the present where individual power is limited, this trend will give people much say in matters that affect them.Diffusion of power describes power shift from right on states such as United States and Europe, to other emerging economies in the world such as China and Brazil, and finally to non-state groups or coalitions. As other economies grow, it will be difficult for some few states such as the U.S. to assume total power. In addition, emergence of groups that own most factors of production and communication networks will cause power to further shift from states to amorphous coalitions. This trend is significant as powerful states such as United States will lost much of the power to the other players in global leadership.The third megatrend is in demographic patte rns and this describes the composition and the constitution of the
Wednesday, June 12, 2019
Information Policy Essay Example | Topics and Well Written Essays - 250 words
Information Policy - Essay ExampleI am concerned with the issue because the government continually pushes businesses towards the edge in setting harsh legal laws concerning secrecy while they fail to assist the companies in handling it. The governments set rules that ensure businesses safeguard individuals individualized information and prevent it from leaking to a third party. While this is important, most governments fail to specify personal information that a business should not gather or distribute (Serwin, McLaughlin & Tomaszewski, 2011). They impose fines on businesses for mishandling information without guiding them. Furthermore, businesses need to secure their information and information concerning their clients to reduce leakages to third parties. My concern challenges the government to give rich insights into the problem of managing information security instead of embracing a legislative approach.The issue is of significant interest due to the need for urgent solutions t o enable businesses nurture personal and other business-related information. Companies require assistance in creating information security platforms in their entire networks. I can assist them develop internal privacy policies, making agreements on network security and technology contracts, negotiating vendor contracts, and reviewing employee policies and procedures. Businesses also need advice regarding database-marketing outsourcing where they store client personal information on servers external to the companies (Schwalbe,2000). Hence, the reality of numerous gaps in the information management sector makes the area of privacy and security
Tuesday, June 11, 2019
Critiqueexhibition Essay Example | Topics and Well Written Essays - 500 words
Critique indicateion - Essay ExampleOverall, the exhibition proved to be a pleasant reveal very pleasing to the eyes and deserving of the audiences awe.The Stylized Sculpture exhibition does not use plaques or other writings to describe the employments of dodge displayed. Rather, they have carefully placed black and white photographs of the fashions to show the true guile form found within the garments then mannequins are utilize to display the fashions near the photos. The surrounding walls are blank from text, colors, or other pictures. In their stead, the audience is given a brochure to explain each piece of art and fashion. These brochures include information about the fashion - such as the designer - as well as a detailed description of the accompanying work of art. The fashions appear in order of their design, from 1983 to 2007. The use of lighting on the mannequins helps emphasize the lines and forms of the fashions as displayed by Sugimotos photographs. This brilliant us e of lighting and lack of distracting materials made this exhibit unique and attention grabbing. My attention was drawn to exactly what the artist wished me to see the form and sculptural essence apparent in Japanese fashions.The lighting used for this exhibition was carefully placed both to make the photographs easy to view and to enhance the shadows and forms of the fashions on the mannequins.
Monday, June 10, 2019
Women's Voices Essay Example | Topics and Well Written Essays - 1000 words
Womens Voices - Essay ExampleAs a specific make presented across different showrooms in major US cities, Wacoals growth line btemptd appears to be creating a commercial space for swimwear and lingerie exclusively oriented toward women and their well being. However, the way these products are exhibited and advertised suggests that the company uses stereotypical ideas on womens beauty and practically undermines the genuine comfort and health issues.DiscussionWacoal has created a powerful commercial cult around its recently launched swimwear-cum-lingerie range named btemptd. This brand specific space can be regarded as a passing distributed conceptualization and materialization of the companys lingerie products across various media. Wacoal showrooms with btemptd swimwear have been prepared along with other evolving business methods like online retiling and web based marketing. According to the website of Wacoal, Making women look and feel their best has always been a part of Wacoa ls mantra (paragraph 1). Such a stance might appear to be pro-feminist for a while. Having desire to look lovely can be regarded as an innate property of human beings irrespective of gender. For a young female child, honing beautiful looks or proper grooming and dresses can lead to an effective makeover in a positive direction aimed at harnessing a better personality. Visiting the website of btemptd product line or a showroom exhibiting Wacoal swimwear.... a young girl, honing beautiful looks or proper grooming and dresses can lead to an effective makeover in a positive direction aimed at harnessing a better personality. Visiting the website of btemptd product line or a showroom exhibiting Wacoal swimwear, a spectator can easily find out that the presentation techniques used are highly dedicated to the beautification of women in general and young ladies are being particularly targeted. In the words of Wacoal, btemptd is actually a range of sexy, sophisticated, and flirty lingerie (Wacoal, paragraph 2), aimed at exciting young girls. Implementing an analytical point of view, however, it can be stated that this approach of Wacoal is quite inter-contradictory. On one hand, the company states that it is concerned just about womens health and comfort issues, and the main target is to provide utility oriented innerwear. On the other hand, it is highly reluctant of using a enormous or less attractive girl (say, with dark complexion or a blunt nose) as its model or ambassador for practically exhibiting the lingerie. Clearly, this is a kind of prejudice which gives rise to internalized oppression. From the perspective of women in general, such an approach on the part of a commercial giant will attach spare value to physically more attractive women in the society. Furthermore, the companys claims about its sense of corporate social responsibility remain quite ambiguous. The company states that it is committed to spreading awareness on breast cancer, whereas its sol e publicity stance is based on womens physically beauty and sexy appearance. The concept behind visualizing the ideal female model for a lingerie product is based on the perspective and desires of men, not women. So a young girl must feel good when she is
Sunday, June 9, 2019
Dream Job Research Paper Example | Topics and Well Written Essays - 1500 words
Dream Job - Research Paper ExampleThere are variant opportunities in different fields. All we need to do is focus on a specific post in a company and try to achieve the position by dedication and a little smart work. My dream job is to become a production managing director in a software system industry. Being in a software industry I impart have the opportunity to handle different projects that are helpful in modernization of technology. This assignment will discuss about a job description of a manager along with compensation, benefits and appraisal program in a software company.Most of the software companies in the world hire people with skills in programming and software testing. Being a production manager my responsibility will be to take over the challenges required in completion of a project successfully. A manager in a software company is responsible for selecting a project that can be completed by the team, explaining the details about the project, managing manpower an d completion of the project in time. These are the key specifications that a manager needs to take care of while an on-going assignment. There are two major challenges for a manager in a software company. depression is to select an appropriate project that the assigned team can handle. The project selected must be easy for the team members so that can complete it in time without any errors. The second most important challenge is to motivate the team members so that they do not take a leave mingled with the crucial days. Lack of proper workforce can lead to delay of job which might not be accepted by a company. hence these are the two major challenges to take care of being a manager of a software company. Another important responsibility of a manager is to communicate with the management about any threats his team may come across while handling an important assignment. It is a managers debt instrument to balance and bridge the gap between employees and management
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