...Groupe Ariel SA: Parity Conditions and Cross-Border Valuation Hints to case study questions: 1. Compute the NPV of Ariel-Mexico's recycling equipment in pesos by discounting incremental peso cash flows at a peso discount rate. How this NPV should be translated into Euros? Assume expected future inflation for France is 3% per year. 1.1. Review principles of estimating project cash flows. Suggested reading: Ch. 9 “Capital Budgeting and Cash Flow Analysis” in “Contemporary Financial Management”, 11th ed. by Moyer, McGuigan, and Kretlow. a. Project Net Investment (NINV): NINV=Capital Expenditure-ATSVold , where ATSVold = After-Tax Salvage Value of the old equipment. ATSVold=MVold+BVold-MVoldt , where MVold = Market Value of the old equipment;BVold = Book Value of the old equipment; t = tax rate; BVold-MVoldt = tax gains. b. Project Net Cash Flows (NCF): NCF=∆R-∆O-∆D1-t+∆D-∆NWC, where R = Revenues; O = Operating Costs; D = Depreciation, NWC = Net Working Capital; t = the tax rate. In Case 1, R = 0; NWC = 0. Therefore, NCF=-∆O-∆D1-t+∆D, or NCF=-∆O1-t+t∆D, where t∆D is the depreciation tax shield. c. Specifics of Case 1: i. -∆O = Incremental Cost Savings; -∆O1-t= Incremental Cost Savings after tax ii. ∆D=DNew-DOld, where DNew = Depreciation of the new equipment; DOld = Depreciation of the old equipment. Thus, the depreciation tax shield includes two components: t∆D=tDNew-tDOld, where tDNew...
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...Augmented Reality: Linking real and virtual worlds A new paradigm for interacting with computers Wendy E. Mackay Department of Computer Science Université de Paris-Sud ORSAY-CEDEX, FRANCE E-mail: mackay@lri.fr ABSTRACT A revolution in computer interface design is changing the way we think about computers. Rather than typing on a keyboard and watching a television monitor, Augmented Reality lets people use familiar, everyday objects in ordinary ways. The difference is that these objects also provide a link into a computer network. Doctors can examine patients while viewing superimposed medical images; children can program their own LEGO constructions; construction engineers can use ordinary paper engineering drawings to communicate with distant colleagues. Rather than immersing people in an artificiallycreated virtual world, the goal is to augment objects in the physical world by enhancing them with a wealth of digital information and communication capabilities. KEYWORDS: Augmented Reality, Interactive Paper, Design Space Exploration, Participatory Design INTRODUCTION Computers are everywhere: in the past several decades they have transformed our work and our lives. But the conversion from traditional work with physical objects to the use of computers has not been easy. Software designers may omit small, but essential, details from the original system that result in catastrophic failures. Even the act of typing is not benign: repetitive strain...
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...School of Business. E-mail Address: arnabroychowdhury2010@gmail.com ACKNOWLEDGEMENT: I express my sincere gratitude to Ms. Sapna Choraria for giving me the opportunity to undergo this project. I, further, thank her for lending me a helping hand in solving my problems related to the project. This project would not have been possible without her valuable time, constant support and inspiration. I also thank UnitedWorld School of Business for providing me an opportunity to undertake a skill basis project at this crucial stage of my life, while pursuing MBA, which helped me to understand the topic, that was untouched before, deeply. Any suggestions for improvement are always welcome. ABSTRACT: Due to rapid urbanization, emergence of small pack size and sachets, the demand for the household products is flourishing. With the increase in per capita income and wide range of choices being available, the consumers are mainly focusing on these products. The companies are finding it difficult to survive or to retain their market share due to changing trends in demand and high peak competition. In order to lure the consumers, companies study the quantity being purchased by the customers and at what price. Here, I am trying to confine myself to the detergent market in Uvarshad village, Gandhinagar (Gujarat) and find out how certain factors affect the demand of consumers for detergent. Keywords:...
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...Case Study Analysis 1: TerraCog GPS Terracog was a successful privately held firm specializing in high quality Global Positioning system and fishing sonar equipment. Even though TerraCog was always not the first to market new products, but their products were successful because of their high quality and effectively addressed customer needs. When their competitor Posthaste introduced a GPS prototype called BirdsI that displays satellite imagery, TerraCog did not view it to be a threat and believed it was a non-essential fad. TerraCog realized their mistake in judging BirdsI and the product was a huge success. In order not to lose the market, TerraCog planned to launch a GPS with satellite imagery Project Aerial. A redesign within existing GPS platform was proposed and the projected costs threaten to destroy the project. Ed Pryor VP of sales feels the new product Aerial should be priced below $425 to capture the lost market share to the competitors. The estimate for the price would at minimum be $475 and the sales teams deemed it too high to consider. The managers of each division gather in a pair of combative meetings that contain anger, finger pointing, and blame but do not produce an effective conclusion. Personal and individual objectives which were contrary to one another led to the current situation. The sales staffs’ main concern was to have a GPS device that would be superior to their competitors’ and would be priced competitively. The product design & development...
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...William Shakespeare The Tempesthttp://shakespeare.mit.edu/tempest/full.html) LIST OF CHARACTERS ALONSO, King of Naples SEBASTIAN, his brother PROSPERO, the right Duke of Milan ANTONIO, his brother, the usurping Duke of Milan FERDINAND, son to the King of Naples GONZALO, an honest old councilor ADRIAN and FRANCISCO, lords CALIBAN, a savage and deformed slave TRINCULO, a jester STEPHANO, a drunken butler MASTER of a ship BOATSWAIN MARINERS MIRANDA, daughter to Prospero ARIEL, an airy spirit IRIS, the rainbow, messenger of Juno CERES, goddess of the harvest JUNO, queen of the gods and wife of Jupiter: the goddess of riches, the air and of marriage NYMPHS REAPERS SPIRITS The scene: an uninhabited island The Tempest ACT I SCENE I. On a ship at sea: a tempestuous noise of thunder and lightning heard. Enter a Master and a Boatswain Master Boatswain! Boatswain Here, master: what cheer? Master Good, speak to the mariners: fall to't, yarely,or we run ourselves aground: bestir, bestir. Exit Enter Mariners Boatswain Heigh, my hearts! cheerly, cheerly, my hearts!yare, yare! Take in the topsail. Tend to themaster's whistle. Blow, till thou burst thy wind,if room enough! Enter ALONSO, SEBASTIAN, ANTONIO, FERDINAND, GONZALO, and others ALONSO Good boatswain, have care. Where's the master?Play the men. Boatswain I pray now, keep below. ANTONIO Where is the master, boatswain? Boatswain Do you not hear him? You mar our labour: keep yourcabins:...
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...AUGUST 8, 2014 ARIEL G. VILLANUEVA BSBA-111 CASE STUDY: QUALITY IN PRACTICE “UNDERSTANDING THE VOICE OF THE CUSTOMER AT LAROZA’S PIZZA” I. COMPANY PROFILE: LaRosa’s is a privately held chain of neighborhood pizzerias with 54 location in Cincinnati, Ohio, northern Kentucky, and southeast Indiana, that offers full-service dine-in, carry-out and take home delivery. In 1997, as a part of a new strategy planning process, LaRosa’s identified growth as a key strategic goal. The executive management team had developed three growth strategies but could not agree on which one to follow because of a lack of a fact-based foundation for the decision. In 2000, a project team was formed to tackle this issue and was given complete latitude to make any recommendation for an Italian/pizzeria concept based on customer needs and expectations. The key tool that successfully led to an understanding of their customer’s and to a new and innovative restaurant design was Voice of the Customer ( VOC). VOC is a structured methodology for listening to customers that is promoted by the center for Quality of Management ( CQM) an industrial consortium based on Boston. The experience of using VOC changed the company focus from “ product-out” to a “market-in” mentality. It gave them a decision making tool based on factual data, broke down communication silos within the company, and eliminated the age old sales and marketing versus operations conflict. II. MAJOR ISSUES: ...
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...http://nms.sagepub.com/cgi/alerts Subscriptions: http://nms.sagepub.com/subscriptions Reprints: http://www.sagepub.com/journalsReprints.nav Permissions: http://www.sagepub.com/journalsPermissions.nav >> Version of Record - Feb 24, 2012 OnlineFirst Version of Record - Aug 8, 2011 What is This? Downloaded from nms.sagepub.com at Judea & Samaria College on February 25, 2012 410401 NMS14110.1177/1461444811410401Lev-OnNew Media & society Article Communication, community, crisis: Mapping uses and gratifications in the contemporary media environment Azi Lev-On new media & society 14(1) 98–116 © The Author(s) 2011 Reprints and permission: sagepub.co.uk/journalsPermissions.nav DOI: 10.1177/1461444811410401 nms.sagepub.com Ariel University Center, Israel Abstract The article analyzes how community members who were evacuated from their homes use various media, and especially the internet, to keep in touch, receive and disseminate information and express their opinions. Of particular interest are the differences between members of various groups, who differ in their decision whether to relocate in Israel with the rest of the original community or not, in media usage patterns and sense of community. The findings demonstrate that evacuees use diversity and multiplicity of media, where various media are used for different purposes according to need. Small media,...
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...In December 2003, Israeli Prime Minister Ariel Sharon shocked the world when he announce that Israel will disengage from the Palestinians, a Disengagement Plan, primarily from the Gaza Strip. There were several protests that erupted due to this news, as well as a human chain that was created in protest to stop the disengagement. Once it was decided that the Israeli Defense Forces (IDF) would carry out the evacuation mission, the issue of how this move would occur arose. Major General Dan Harel, head of the Southern Command was in charge of the entire mission. Harel decided to have a roundtable that would decide how this mission was to be executed. Among those that were invited was Lieutenant Colonel Daniel, a chief psychologist of the Southern Command. Daniels leadership proved to be that of someone that is consultative. A consulting leader is one that is concerned about the support dimension, but there is still a high emphasis on the task itself (Kloppenborg, 96). This is demonstrated when Daniel was first given the position and the task. Daniel main focus was first the well-being of that of the people. He gathered the other IDK psychologists, listened to them and their problems, and they all identified how they were going to complete the mission. The importance of listening to the other phycologists was to determine the mental capacity of the evacuators. Daniel also did research on other large evacuations to see what measures were taken during those instances. His research...
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...There are two dimensions to consulting CONSULTING DIMENSIONS Process Consulting Tools Frameworks Analysis Tools seniority Project structuring Roles and responsibilities Execution Sequencing - Workplan Client management 0 Typical Elements of Consulting Process Problem Structuring : Key Issue Identification Team formation and Work-plan creation Problem Solving Data collection and analysis Option generation and evaluation Recommendation Syndication Implementation The process is not sequential but iterative 1 Frameworks and Tools 2 Different frameworks / tools are available to address specific questions TOOLS Question Theory Framework / Tool Which industry will be globally competitive in the long term? How attractive is this industry? What is the demand likely to be? Porters Diamond Porters Five Forces Demand Estimation How is the industry evolving Value chain analysis International Case Studies Which business to focus on? Which to divest? GE-McKinsey BCG matrix SWOT 3 Different frameworks / tools are available to address specific questions TOOLS Question Theory Framework / Tool What are the broad competitive strategies? What are the opportunities for growth? Discipline of market leaders Generic strategies Ansoff Matrix 7 degrees of freedom Market segmentation ...
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...UNIVERSITY COLLEGE DUBLIN NATIONAL UNIVERSITY OF IRELAND, DUBLIN MASTER OF SCIENCE (SINGAPORE) Business Policy BMGT 4025S STUDY GUIDE MSc14/15 FT / Singapore Copyright October 2012 1 Author: Dr Yousef Eiadat and Dr Richard Tan (2012) This manual was prepared for University College Dublin as a comprehensive support for students completing the above mentioned Degree programme. © This publication may not be reproduced, in whole or in part without permission in from University College Dublin. Module Co-ordinator: Dr Yousef Eiadat & Dr Richard Tan Contact details Mobile: TBA Office: TBA Email: rich_bsc@yahoo.com.sg 2 TABLE OF CONTENTS PAGE Welcome message 1. INTRODUCTION a. Background details b. Module aims 2. MODULE OUTLINE a. Module learning outcomes b. Themes and topics c. Learning supports 3. MODULE DELIVERY SCHEDULE a. Session arrangements b. Student engagement c. Office hours arrangements 4. ASSESSMENT DETAILS a. Assignments b. Module assessment components i. Pre module assignment ii. Group project iii. Examination 5. GRADING a. University grading policy b. Grade descriptors for assessment components 6. CONCLUDING COMMENTS APPENDICES 5 6 10 12 16 19 21 3 Welcome message Welcome to this unit on Business Policy. Dr Yousef Eiadat will be joining me in teaching this course. In this unit we aim to build skills in Strategic planning – the analysis behind strategic decisions, the crafting of strategies and the implementation...
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...------------------------------------------------- NATIONAL UNIVERSITY OF IRELAND, DUBLIN ------------------------------------------------- ------------------------------------------------- MASTER OF SCIENCE (SINGAPORE) ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Business Policy ------------------------------------------------- BMGT 4025S ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- STUDY GUIDE ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- MSc14/15 FT / Singapore ------------------------------------------------- ------------------------------------------------- Copyright October 2012 Author: Dr Yousef Eiadat and Dr Richard Tan (2012) This manual was prepared for University College Dublin as a comprehensive support for students completing the above mentioned Degree programme. © This publication may not be reproduced, in whole or in part without permission in from University College Dublin. ------------------------------------------------- Module Co-ordinator: Dr Yousef Eiadat & Dr Richard Tan -------------------------------------------------...
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...CASE STUDY PA503 FUNDAMENTALS OF AUDITING Audit Firm Contact Number JABATAN PERDAGANGAN Programme Section CHAPTER 1 CHAPTER 2 Email Materiality and Audit Risk Corporate Governance PROBLEM SOLVING CLO2 | LD2/P3 Instruction: Please answer ALL questions. | Part 1 NEW CLIENT ACCEPTANCE DECISION Learning Objectives After completing and discussing this case, you should be able to: 1. Understand the types of information relevant to evaluating a prospective audit client 2. List some of the steps an auditor should take in deciding whether to accept a prospective client 3. Identify and evaluate factors important in the decision to accept or reject a prospective client 4. Understand the process of making and justifying a recommendation regarding client acceptance INTRODUCTION Your accounting firm is a medium-sized, accounting firm in Malaysia, formed in 2012, mainly provides auditing and tax services. But it has recently had success in building the information-systems-consulting side of the business. Recently, your group has been assigned for the first time to perform audit engagement procedures for a small and medium-sized company in Malaysia. One of team member has been a senior auditor for the past three years. Your first assignment is to assist an audit partner on a client acceptance decision. The partner explains to you that the prospective client, Unggul Holdings Berhad, is a medium-sized textile company. The partner recently met the...
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...size 14, had the “ideal” body shape and size, but today’s standard is much smaller. As the beauty ideal continues to get smaller in our society, body image within American women continues to plummet. Magazines portray and compare happiness with being thin; therefore some feel if they are not thin, then they are not happy. As with women of all ages, many college-age women are believed to hold unrealistic ideals of body shape and size, ideals that can be both physically and emotionally unhealthy. Our study, focused on women who attend the University of Wisconsin-Madison that are between the ages of eighteen and twenty-four. We wanted to identify the specific effects that the magazine portrayal of the “perfect” body has on college-age women’s body image and self-esteem. We hypothesized that this portrayal contributes to women having negative body images and self-esteem due to the reinforcement of body shapes and sizes in magazines that are unrealistic for most women to attain. In our study we defined body image as the subjective concept of one’s...
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...Disney and the American Princess: The Americanization of European Fairy Tales [pic] Marina Alexandrova Student number 3021874 MA Thesis, American Studies Program Utrecht University Course code 200401064 23943 words 12 August 2009 Contents Title page………………………………………………………………1 Contents……………………………………………………………….2 Introduction……………………………………………………………3 Chapter 1: European Fairy Tales and Values about Gender and Class………………………………………10 Chapter 2: Disney Animation and American Culture…………………24 Chapter 3: Disney Animation and (Gender) Commodification…………………………………………..55 Conclusion…………………………………………………………...73 Bibliography…………………………………………………………78 Introduction Among the various aspects which define contemporary life, popular culture – and in particular, American popular culture – is undoubtedly one of the most ubiquitous and long-lasting. Throughout the twentieth century, people around the world have enjoyed film, music, animation, and written works by various authors and artists. One of the most famous and significant American entertainers of the lot has been Walt Disney, introducing millions of children and adults to his world of limitless (or so is widely believed) imagination and magic, from the earliest short cartoons produced in the 1920s, to full-length feature animations such as Snow White and the Seven...
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...Required Course Materials Text: Madura, International Financial Management, Abridged 10th Edition, South-Western, 2011 Book: Lewis Michael, Boomerang: Travels in the New Third World, Norton, 2011 Calculator: A calculator is required. A financial calculator would be preferable, as it would have functions for bond valuation, net present valuation (NPV), internal rate of return (IRR), present value (PV), and future value (FV). A suitable calculator, the HP10-B, is available in the bookstore for about $30. Harvard Business School Cases https://cb.hbsp.harvard.edu/cbmp/access/17920074 The above is the URL for Harvard Business School so that you can obtain discounted student pricing for the cases: Group Ariel S.S.: Parity Conditions and Cross-Border Valuation (Note that there is no need to purchase the audio version of this case.) Pixonix Inc. Addressing Currency Exposure Recommended: 1. Subscription to the Wall Street Journal. Several class sessions will utilize information from the Wall Street Journal. See syllabus for the dates. 2. Subscription to or regular reading of the Financial Times....
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