WACC helps the investors decide whether to invest in a particular company or not. It shows the minimum rate at which the investors will earn on their investment. It is the income or value addition that the investors will earn at that specified rate. If the company’s rate of return is higher than WACC, it means that the company is creating value and it is beneficial for the investors. WACC can be calculated as :
WACC = (E/V)Re + (D/V)Rd(1-Tc)
Re = cost of equity
Rd = cost of debt
E = market value of the firm's ...
Cost Book Reviews Samples For Students
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Functions of SCM
Buy: As illustrated in the twenty-eighth chapter, the manufacturing plant was forced to bargain with suppliers to increase the scale of orders. This move would benefit both the organization and the suppliers. Alex hoped that this move would bear fruit (pp. 234-236).
Make: Al had trouble with making plans about production activities. In chapter twenty-one, the manufacturer found a solution to the problem that would prioritize production tasks. (Goldratt, 2004, p.184)
Move: Chapter 2 features Al’s shipping issues that had economic implications on the plant. For the plant to improve its efficiency, shipping schedules had to be aligned ...
Optimum Budget Allocation Method for Project with Critical Risk by Tomoichi Sato
Optimum Budget Allocation Method for Project with Critical Risk by Tomoichi Sato
A project, irrespective of the field it is in has numerous constraints; the constraints are categorized using three criteria; budget, quality, and time (Bosworth, 1995, p. 46). The constraints of the project affect the outcome, with risks and threats associated with these constraints in the project’s cycle. This can be seen under various coverage of the project, for instance, in the execution phase, certain steps that may result with the project failing and/or decline of the quality standards associated with the approach on a specific project ...
A commercial exchange is a process which involves two parties; the seller and the buyer. The seller offers a product to the buyer expecting something in return which is usually in form of money. The product may be in form of a tangible good or service offered and the buyer may be a consumer or a business customer (Schindler 1-7).
One fundamental characteristic of a commercial transaction is that it is a voluntary interaction since both the buyer and the seller exchange the goods and services voluntarily and after the transaction both are in a better position than before. The seller becomes richer while the buyer receives ...
Section I: Selection of Business
Economics is a social science concerned with decision making along with money making. Macroeconomics is concerned with the general problems of the whole economy as inflation, unemployment and growth. To start any business, the tools of economics are very important. I had chalked out a few prospective business plans for starting my own commercial activity. There was a lot of dilemma in the beginning, the plans were so many but the feasibility had to be worked out. I arrived at two options first, to open a café and second to open a fitness studio. Both the café and fitness were in great demand. Since ...
Overview of the National Banking Sectors in North Africa
Banking regulations on the acceptable standards have become a central point of discussion in most developed nations especially due to the recent financial crisis. A program or scheme that enforces the channeling of resources into more investments would boost the financial stability of the economies of most developing nations. A study of the regulations in the banking industry on the economic growth can reveal a lot concerning the economic growth in some specific South Mediterranean countries (Algeria, Tunisia, Morocco and Egypt). The banking efficiency and its proximity to internationally acceptable standards are measured using convergence methodologies such as β-convergence, Meta Frontier ...
Summary of Chapter 12
Introduction Yescombe presents on Chapter 12 issues between the lenders and the Project Company related to Cash-Flow Controls, Security and Enforcement (202). The author posits that the Public Authority has to review the lenders’ documents to make sure there will be no impediments for the Project Company to carry its mandate.
Control of Cash Flows: The Project Company’s cash flows is closely controlled by the lenders, as they will depend on the residual flows to receive their payments (Yescombe 202). The lenders control expenditures via the Disbursement Account, which receives the inflows from equity and loans, and is ...
Q 1
In today’s world, the aviation industry faces the risk of malicious motives and acts. For example, incidents of terrorism can be perpetrated in any country, and at any time. In the wake of the terrorism challenges that bedevil the society, the aviation industry must be steps ahead in terms of safety management. To counteract these challenges, there is need for enhanced capabilities for surveillance and data collection. This will weed out any persons wanted for terrorism-linked charges, and makes airlines safe for travel. In addition, there is need for enhanced scenario planning and uncertainty analysis. ...
Summary
The book “Where Does the Money Go?” by Scott Biddle and Jean Johnson has been made to reflect the current financial crisis and the extensive legislation passed by the Obama’s administration. The book is unbiased and stable, straightforward, eye-opening, and pleasantly irreverent guide to the federal budget problems. DiBiase (2009) stated that is by no means outdated. It was made when the nationwide debt was only $9 trillion. It talks about the method of setting the federal budget up, where the money derive from, where it goes and the reason the government is spending more that it has. ...
Summary : Managing business ethicsLinda K. Trevino & Katherine A. Nelson. Wiley; 5th edition
Chapter 4 – Addressing individuals’ common ethical problems
Ethical issue when people work together (privacy, discrimination, sexual harassment or simply how people get along. Key is fairness meaning equity, reciprocity, impartiality
- Equitable is when something is divided between 2 people according to the worth & inputs of the 2 individuals. Most people think it’s unfair when 2 people have performed the same duty but receive a different share of the reward
- Reciprocity: “if you do this for me I’ll do this for you”. Most ppl think it’s unfair if ...
Dietrich Bonhoeffer was a German pastor, theologian and a martyr for Christ. He was one of the co-founder of the confessing church and also participated in the German resistance movement against Nazism. Bonhoeffer became known for his stiff opposition to the Nazi dictatorship. He opposed Hitler's euthanasia program and genocidal persecution of the Jews. Many of his writings which are centered on Christianity and its role in this secular world have become widely influential. His book labeled "The Cost of Discipleship" was considered a modern classic and it mainly focuses on Christ’s teaching and the need to follow it. The title ...
The September 11, 2001 (9/11) terrorist attack in the United States of America has brought this common and urgent query if the country is safe to all the citizens who live in for a better living. Asking this question is wrong; America is still a safe place to everyone. It is safer since the government has a massive increased in homeland security and the expenditures are high. The best and correct query is that, if the expenditures in the security have its worth. Howard Kunreuther, analyst, raised the central question after the 9/11 terrorist attack that how much do the government is ...
Introduction
Ozzie Zehner in contrary to others makes it clear that the globe is not on an energy crisis but rather on an energy consumption crisis. The key issue as with Ozzie is on the weight that the environmentalism is given to this problem. It is more of what every individual in the use and concern of environment things about this issue and not just, how we publish and talk about it without a standing order to address this issue. Since the problem of environment has existed and seamed to advancing since then despite the various talks that appear to be ...
A Capitalism for the People: Recapturing the Lost Genius of American Prosperity
- Introduction
The book A Capitalism for the People is written by Luigi Zingales who is an American economist and currently based in University of Chicago as a professor of finance and entrepreneurship. Born in Italy, 1963, Zingales moved to United States in 1988 with an assertive passion that the economy of a country should not only benefit the big businesses rather it should be focused on the good of an overall market.
‘Capitalism for the People’ is a philosophical, moral, ethical and a monetary account of the current state of US economy. It articulates the author’s conviction that a country’ ...
The reading has highlighted basics of pricing and the factors that a company has to consider before reaching a price. This gives us a detailed background of the costs that are incurred by the company I obtaining raw materials and transforming them into finished products and how such costs reflect on the final cost of the product (Schindler, 25). The author mentions that it is necessary for every expense to be accounted for when it comes to producing a product to facilitate balanced price. The price has to be set in a way that it is fair enough to ensure the company makes profit ...
Introduction
Chicago Housing Authority abbreviated as CHA, was established in 1937 by the state of Illinois and had the jurisdiction for the administrative oversight of the public housing within the Chicago city. The mission of the agency is guided by a Board of commissioners who are appointed by the mayor of the city. This agency has a budget which is independent to that of the City of Chicago. This agency has built a number of public housing projects over the last few years. The agency was hit by a setback in 1966 when a suit was brought against the agency. This forced the US department ...
1. Describe how a country producing more capital goods rather than consumer goods ends up in the future with a PPF that is larger than a country that produces more consumer goods and fewer capital goods?
PPF (Production Possibility Frontier) shows the maximum production level in the economy, assuming that the country produces only two products, which share same resources, available at the moment. In figure 1 the production trade off in the country is between consumer and capital goods. If the country is producing more capital goods, than consumer goods, as indicated by point A, it sacrifices producing consumer goods. However, ...
Book Review of “The Politics of Air Pollution” By George Gonzalez
The Politics of Air Pollution by George Gonzalez
Introduction
Background
George Gonzalez is a renowned assistant professor based in the Department of Political Science at the University of Miami. He has been an avid advocate of the inner political workings of the environmental policy in the United States. The book entitled the politics of air pollution delves into the establishment of policies that govern emission standards with a specialization on California as a key study. The book generally describes California as one the leading states in the promotion of automobile emission standards.
As such, the book focuses on highlighting ...
Introduction
In her book entitled The China Price: The True Cost of Chinese Competitive Advantage, Harney discussed about the impact of the rapid industrialization in China. She pointed out how the industrialization and economic progress transformed the country to what people would consider as the world’s factory, yet, the author argued that this progress resulted in adverse consequences. Accordingly, the book talks about important elements that relate to the country’s geography.
a. Migrant Workers Issue
One of the factors that was discussed by Harney in her book is the issue of migrant workers. According to the author, there ...
Introduction
Change in the climate is happening rapidly as well as severely. As a result, there is the destruction of the world. The effects of change in the climate are more shocking since disasters caused by this change grows continuously at a higher frequency and intensity. There is much impact on the earth’s surface, thus threatening nature as well as the human system with a severe damage that cannot be reversed. For instance, as the increase in global warming persists, the result will be the rise in depletion of the natural resources, polar ice caps melting, the rise of ...
Book Review-Lean In by Sheryl Sandberg
In the book Lean In: Women, Work, and the will to lead; Sheryl Sandberg, the Facebook’s chief operating officer and one of the Fortune’s most powerful women in Business examines the reasons as to why the progress of women in attaining leadership roles has halted. She explains the main causes, and provides compelling, basic solutions that can enable women to attain their total potential. In this book, Sandberg goes into detail on these issues of women, work, and the will to lead. She combines personal anecdotes, compelling research and hard data to cut through the layers of ...
E-learning is the use of information to access information. The transition of e-learning for employees is a costly undertaking for an organization and the need to formulate clear guidelines to cut on the cost and maximize profits. To meet these goals, learners are introduced onto a virtual training where they are taught on how to identify problems and the procedure of tackling them. This improves the efficiency of addressing the problem and in the long run cuts on cost. In these times of economic depression it helps in saving as it is cheaper compared to face to face learning. Uses of ...
The Cult of the Amateur: How Today's Internet is Killing our Culture is a text by Andrew Keen. Keen is an entrepreneur and has long been an open critic of the Web 2.0-based Internet culture that has emerged since the year 2000. Keen's book, The Cult of the Amateur, is concerned with the cost of Internet culture. Perhaps one of the most important statements that Keen makes regarding the rise of the Internet culture as it exists today is that the culture is similar to Marxism in that it creates a dearth of professionally-quality content.
When discussing The Cult of ...
Basic Marketing with Student CD by William Perreault, Jr., E. Jerome McCarthy and Joseph Cannon
Chapter 1 – The Importance of Marketing
Outline:
1. What is Marketing?
2. Why is Marketing Important to Individuals
3. The Right Way to Define Marketing
4. What is Macro-Marketing?
5. The Function of Marketing in Economic Systems
6. Marketing’s Function as it Changed Through Time
7. The Concept of Marketing Defined
8. Marketing and the Value of Customers
9. Marketing in Nonprofit Organizations
10. Concepts of Marketing and Social Responsibility
11. Ethics of Marketing
12. Ending: Conclusion, Key Terms, Illustrated Cases, and Computer-Aided Problem
Summary:
This ...
Introduction
This is a comprehensive analysis that compares insurgencies and terrorists movements of post Second World War II and in our times. O’Neill begins this book by looking at post world war II insurgencies that have emerged which are related to terrorism and guerilla wars. He analyzes the nature of insurgency, tactics used in these guerilla wars both military and political “these so called small wars, which can be found on all continents, are often very costly and frequently involve major interest of regional and global powers,”1, and makes us understand both physical and human environment of ...
Chapter 1
I found the role of the internet in conducting fast and cost-effective marketing research very much interesting. More importantly, tracing the consumer’s online buying behavior and suggesting recommendations for them from time to time as practiced by online retail giants like Amazon.com amazed me. Also, the concept of mobile marketing by adopting the GPS technology to locate the buyers and send them information about the special offers for the day is quite appealing. I also found the concept of relationship marketing more interesting. The interrelationship between all the stakeholders is the key for the success of any business ...
The United States Department of Labor describes competitive sourcing as a key element of the President’s Management Agenda that seeks to get the best value for money on taxes paid by the American people. This is accomplished through a strategic plan that leverages the market economy’s competitive forces to improve the efficiency of the government. It involves awarding of tasks and activities to the most qualified party through a competitive process. Government organizations are allowed to compete for work against the private sector based on the assumption that both can perform tasks and deliver commercial services cost-effectively ...
Book Review-Blue Ocean Strategy by Kim and Mauborgne
Book Review-Blue Ocean Strategy by Kim and Mauborgne
Blue Ocean Strategy refers to a marketing strategy book that was written by W. Chan Kim and Renée Mauborgne of the Institute for Blue Ocean Strategy, professors at the France’s INSEAD business school and co-founders of the Institute for Value. The book was published by Harvard Business School Publishing Corporation in the year 2005. The Blue Ocean Strategy book depicts what the two authors think is the perfect marketing strategy to achieve profits and growth of the company. Blue Ocean Strategy proposes that for a company to be successful, ...
Training Needs
This topic has a range of tools that used to analyze training needs. Training depends on the subject that helps in identifying that which is required by an individual, department and an organization in general. With minimized budget and the need for solutions that prove to be cost-effective, every organization is responsible for ensuring that the invested resources in training are directed to areas where training is needed, and a more profitable return on the investment is guaranteed. Analyzing what training requires is an important approach for effectiveness in any training programs or events (Noe, 2002). The topic calls ...
35 Dumb Things Well-intended People Say: Surprising Things We Say that Widen the Diversity Gap by Maura Cullen (2008) provides valuable insight on the choice of words in communicating with people during the course of our daily life. Words have different meanings in different contexts and cultures. So we should know which words are acceptable and which words are offensive, and also the contexts and cultures where they are applicable. Those who want to maintain good personal relationships with people in their social and business circles should take special ...
Introduction
The jungle was written in the year 1906 by an American journalist and novelist by the name Upton Sinclair. The author wrote this novel to be able to portray the lives that immigrants lived in the United States especially Chicago and other similar industrialized cities .Most of his readers were mainly concerned with his exposure to especially health violations and unsanitary practices that had for a long time been in the American meat packing industry. This was during the 20th century when he did this investigation for a socialist newspaper. The book also tries to depict about the working ...
“Thinking, fast and slow” by Daniel Kahneman was among the best-selling books of the year 2011. Kahneman is Nobel Memorial Prize winner in Economics for his work in prospect theory in 2002. He and his collaborator, Amos Tversky, one of the cognitive as well as mathematical psychologist from Israel, have revolutionized the way we think about economy in the book. This book has achieved numerous honors and awards such as New York Times’ one of the best books of 2011 and Best Book Award from National Academy of Sciences in 2012.
Kahneman has humbly yet brilliantly and non-technically ...
Chapter 9 describes the role of interviews as a data collecting tool. Interviews act as a medium to reveal the characteristics of people. They are easy to administer and allow people to express themselves in their native language. On the other hand, in an interview, respondents might exaggerate their responses in order to impress the interviewer. Interviews are also time-taking and cost-expensive.
Interviews are classified into Structured, unstructured and semi-structured depending upon the design and protocol. Structured interviews have a strict design pattern and unique script of questions which are uniform to all respondents. Unstructured interviews are minimized in terms of structure ...
This paper has analyzed the problem of what impact does leadership have on quality. The scope of this work involves the specific work in the book called Leadership for quality by an author Juran J.M. It has reviewed various concepts by the author.
The approach to this problem has involved analyzing three functions of businesses, planning control and improvement in quality. Also, an analysis has been made in the work force part in order to get an idea of the factors that will lead to their improvement in quality.
The results in this analysis are that quality can be ...
This epic book captures the mood and the general feeling at the times of World War 1, when one of the most lethal viruses called influenza erupted in an army camp in Kansas. Given that it was a time of war, military camps were crowded, therefore: the virus found carriers among the military men. When the army moved eastwards, influenza moved with them and in the process, it killed millions of people. It is sad to note that, the epic influenza killed more people in a period of twenty-four months, more than AIDS ever did in twenty-four years. For the purpose ...
Publisher: Butterworth Heinemann
- Clive Beggs had formerly been Chartered, BRE advisor, and engineer of the School of Civil Engineering under The University of Leeds and is the serving Professor of Medical Technology in the University of Bradford.
- He is a biomedical scientist and mechanical engineer and excels in the field of energy management.
- He, a world known speaker, has authored several scientific papers on designing of buildings that consume low energy, and are environment friendly.
- No wonder, he is the recipient of CIBSE Bronze Medal for his achievements in the field of desiccant cooling that uses water ...
Written and published after his release in 1990, Nelson Mandela’s A Long Walk to Freedom gives precious insight into the life of the heroic South African president. Though his long-standing devotion to the fight against racial oppression won him both the Noble Peace Prize and the position as president of his country, the book reveals the less agreeable aspects of his life choice as political and moral leader. A Long Walk to Freedom provides not only an intimately reflective account of Mandela’s life, but also unmasks the grander story of the efforts of South Africans of color ...
“The Jungle” is a novel by Upton Sinclair, an American Socialist with the intention to address the plight of meat packers in the hands of the beef trust. The setting of the novel is in Chicago; a town where Upton traveled while he was just twenty-six years old with the grand vision to help in sensitizing and pushing for better working conditions of the meat workers. The meat industry seemed to weave together all the misfortunes experienced by all other workers in the American society in the early 1900s.
Upton's novel The Jungle was first published in 1906 and became a ...
Presidencies Derailed Why University Leaders Fail and How to Prevent It by Stephen Joel Trachtenberg, Gerald B. Kauvar, E. Grady Bogue
Other Details
Presidencies Derailed Why University Leaders Fail and How to Prevent It by Stephen Joel Trachtenberg, Gerald B. Kauvar, E. Grady Bogue
Introduction
“Presidencies Derailed” is a book about why college presidencies collapse. While it is not the only book on the subject, it comes at a time when college presidents are failing. During 2009 and 2010, presidents of fifty universities, schools, colleges, and educational intuitions either resigned or fired. Presidencies Derailed examines sixteen such derailments and presents six ...
Introduction
The Bottom Billion is a short book that addresses contemporary issues in the world today. Collier looks at the main problems causing Poverty in Africa. He contends the traditional definitions of underdeveloped, developing and developed countries. According to the author, poverty is only a fifty eighty countries. To resolve the problems in the third world countries whose inhabitants make up the bottom million, countries should resolve corruption, improve infrastructure and governance practices. He argues against the imposition of radical changes by the developed countries on the third world countries. Collier focuses on the problem facing the African countries and relates them ...
Introduction
Global events threatening security of huge numbers of people are recognized as important triggers for introducing changes to the systems of international and national law, so that in the future similar events can become preventable. The brightest example to confirm this thesis is introduction of the UN system and development of international humanitarian and criminal law after the World War II, which was associated with lots of events, which are currently being classified as crimes against humanity, genocide and war crimes. Apart from influencing the international law, World War II had variety of implications on different spheres of life ...
System Justification
Even though racism is a severe violation of human dignity, it was the status quo in the corporate world and personal lives of people during the 1990s. However, the system justification theory explains that some people are interested in maintaining the political, economic, or social norms that are considered status quo, even though they are detrimental to certain social groups.
Racial prejudice and discrimination are the central themes in the novel “Brothers and Sisters.” Campbell (1995) was motivated to write the novel after the beating of Rodney King to depict the status of African Americans in the US. The ...
Example Of Book Review On Mama Might Be Better Off Dead: The Failure Of Health Care In Urban America
“Name”
“Instructor’s name”
Abstract
In one of his address to the American Medical Association, President Barack Obama stated, “Make no mistake: the cost of our healthcare is a threat to our economy. It is an escalating burden on our families and businesses. And it is unsustainable for the United States of America.” Following these lines, ‘Mama Might Be Better off Dead ‘, by Laurie Kay Abraham, presents a disconcerting and an insightful look into the American health care system. This book offers a very unsettling, at the same time enlightening, view of the status of urban Medicare facilities, through the example ...
Book Review: The Petticoat Affair
John Marszalek, in his book The Petticoat Affair: Manners Mutiny and Sex in Andrew Jackson's White House, investigates the well-documented and scandalous 'Eaton Affair' of President Andrew Jackson's first presidential term, in which he defended the provocative marriage of Peggy Timberlake (rumored to be sexually promiscuous) to Jackson's War Secretary John Henry Eaton. Since the wives of the rest of Jackson's Cabinet refused to accept her into the fold, Jackson tirelessly spent two years of his life trying to defend her honor, which cost Jackson a great deal of reputation and cachet among the American people. It even cost him ...
Categories of employees’ complaints
(What are the specific things the employees are unhappy about? If you were to group their specific complaints together, how might you summarize the kinds of complaints the employees have? You are welcome to create the categories, describe the categories and then list the examples from the video.)
The most specific things the employees are unhappy about are low wages, poor working conditions, lack of interaction and communication with management, lack of investment in employees, lack of pleasant and enjoyable work environment, lack of feedback from managers concerning ideas and suggestions, etc. These complaints may be summarized in several ...
Book Review: Imperial Germany and the Great War 1914-1918
In Roger Chickering's Imperial Germany and the Great War 1914-1918, the reader gains a unique perspective on an oft-ignored component of World War I history; the impact of the war on Imperial Germany. The perspective of Germany on the First World War is comprehensive and detailed, offering social, political, military and civilian viewpoints on the conflict. In the book, one sees just how the war itself affected the home front, and is told just how important the war was to them. The effects of the war were pervasive and oppressive to civilian life, affecting everyone from farmers to city dwellers ...
Globalization can be defined as the increasing relationships in the globe concerning culture, economical activities and political influences. In economics, economic globalization refers to the unrestricted movement of goods and services across the national borders with little or no barriers. It has been argued that economic globalization can result in economic growth in developing and developed countries through specialization, reduced labor and technology importation and comparative advantage. Critics have challenged the idea of globalization by claiming that the people encouraging globalization only looks exaggerates the advantages and underestimates the costs of globalization. It is in this perspective that we ...
Introduction
This paper is divided into four sections. The first section is a troubleshooting report on a restaurant’s food and operations. The report highlights the observations and gives the recommendations. The second section is short memo report which highlights the advantages and disadvantages of e-learning and the recommendations to Paper Products, Inc. The third section gives an in-depth development of an objective and “Related Capability” sections for the resume. The dream job, for which the resume is intended, is sales and marketing manager/executive. The final section is a memo that gives a critique of the website of Talisman Energy Inc., one of the ...