...run. In 2000 Black and Decker Corporation was still reeling from the financial and strategic problems stemming from the company's acquisition of Emhart Corporation in 1989. In late 1998 Black & Decker management celebrated the completion of an almost decade-long effort to divest nonstrategic business gained through its 1989 acquisition of Emhart Corporation and expected the company to enter a long-awaited period of growth as its entire management refocused its attention on its core power tools, plumbing, and security hardware business. Archibald believed that "This portfolio restructuring will allow us to focus on core operations that can deliver dependable and superior operating and financial results." However the portfolio restructuring did little to improve the market performance of the company's securities. Yet Archibald and the management continued to express confidence that the company's streamline portfolio would allow Black & Decker to achieve revenue and earnings growth that the market would find impressive. So far the 1998 divestitures have not produced steady increases in the company's stock price, but look promising for the future due to the efforts to refocus efforts on the successful power tools line. Strategic planning team evaluation Over the years, Black & Decker has branched off into many different directions in order to gain as much market share as possible. The diversification program in the 1980s produced mixed results for shareholders, and later...
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...work and needs to plan accordingly. One main question that is always a difficult one to answer is how long one needs to work before they can comfortably stop working and rely on their financial portfolio to take care of expenses after work. In order to analyze these questions, a deterministic model of an investment portfolio was created and stochastic modeling was used to determine the likelihood of being able to accumulate the necessary finances over the desired period of time. Quantitative Analysis: 1. Using the given deterministic model, the annual outflows were estimated from the retirement portfolio over the retirement years and the estimated return on the account was also calculated. It was determined that under these basic assumptions of salary and portfolio growth rate the portfolio could expect to grow to $452,900 within thirty years. However, this assumed a fixed salary growth rate of 5% as well as a 4% annual investment rate. Given the high rate of inflation and the projected expenses after retirement, it was calculated that if this money was to last for the retirement, then even pulling out $50,000 per year in expenses would cause the account to run out after just a few years. 2. Adjusting the annual rate to 8% from 4% had a major effect. Although the portfolio fell short of the one million dollar goal by only reaching $853,633, this was a major effect as it allows the individual the ability to pull $100,000 each year from this account and still sustain...
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...Kochman’s and Badarinathi’s mathematical case for upside deviation deals with portfolio upside deviations being divided by a market’s upside deviations to so show the resulting ratio and how it facilitates other tests for positive or negative skewness. The article discusses how CAPM is inappropriate for the evaluation of portfolios given that is not only assumed that the returns on distributions are symmetrical, but that the beta (performance and return-to-risk ratios) underestimates the risk of larger numbers of mutual funds. Kochman and Badarinathi needed to answer two questions; can upside deviation be the means for portfolio evaluations and can this be done by taking the upside deviation of portfolios and divide those figure by the upside deviation of the market? Kochman and Badarinathi believe that to make a case for upside deviation as a means for portfolio evaluations is to take the upside deviation of the portfolio(s) and dividing it by the market(s) upside deviation. This would result with a ratio that facilitates another test of positive or negative skewness. To test whether the ratio of portfolio-to-market upside deviations as a success, a test on fund returns would need to be conducted to ensure a meaningful difference between upside deviations, portfolios, and markets. The overall findings showed that the relationships between low betas and low upside volatility appeared to be weaker than the relationships between high betas and high upside volatility. In addition...
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...Rock, Paper, Scissors, and Other Investment Techniques (UOP) FIS 240 Week 5 DQs (UOP) FIS 240 Week 6 CheckPoint: So Many Businesses, So Little Money PART 1 OF 2 (UOP) FIS 240 Week 6 CheckPoint: So Many Businesses, So Little Money PART 2 OF 2 (UOP) FIS 240 Week 6 Assignment: Analyze This (UOP) FIS 240 Week 7 DQs (UOP) FIS 240 Week 7 CheckPoint: Income that Sticks PART 1 OF 2 (UOP) FIS 240 Week 7 CheckPoint: Income that Sticks PART 2 OF 2 (UOP) FIS 240 Week 8 CheckPoint: Lifetime Investment Matrix PART 1 OF 2 (UOP) FIS 240 Week 8 CheckPoint: Lifetime Investment Matrix PART 2 OF 2 (UOP) FIS 240 Week 8 Assignment: Living the Easy Life (UOP) FIS 240 Capstone Discussion Question (UOP) FIS 240 Final Project: Investment Policy and Portfolio Evaluation (UOP) ____________________________________________________ FIS 240 Week 1 CheckPoint: Is Time on My Side (UOP) For more course tutorials visit www.tutorialrank.com Resources: Appendix D and the Time Value of Money multimedia (enter into the Axia College student webpage first then copy and paste the link into the open browser) TUhttps://ecampus.phoenix.edu/secure/aapd/UBAM/Libraries/Flash/TVM.swfUT. Due Date: Day 5 [post to the Individual forum] Complete your responses to this week’s CheckPoint in Appendix D. Post the completed...
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...Ciba-Geigy and the Newport Investment Proposal Portfolio planning at Ciba-Geigy From its founding in the mid-eighteenth century through the 1970s, Ciba-Geigy, Switzerland’s top chemical and pharmaceutical company, had evolved to include chemicals, dyes, pharmaceuticals, crop protection and animal health businesses. From the 1980s Ciba-Geigy used corporate portfolio planning to steer the corporate portfolio. The goal of corporate portfolio planning was to improve the process of resource allocation and performance assessment. The main idea was to differentiate the businesses – to give them different objectives, different types of managers, and to allow them to adopt the organization structure that was appropriate for each business. Before that, Ciba-Geigy had relied primarily on case-by-case discussions rather than formal guidelines to determine resource allocation in the corporation. Portfolio planning became part of the formal strategic planning system in 1984, with the introduction of annual strategy meetings with individual divisions. In August of each year, every unit was required to come before Ciba’s executive committee (CEC) to review its strategic plan, whose goals and performance objectives were determined by its role in the portfolio. For example, ‘growth’ divisions would have other objectives than ‘core’ divisions. The CEC sought confirmation that assumptions, objectives, and strategies were still valid and resource requirements still the same. Once the CEC had reviewed...
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...Dear Mr. Demers, I hope you are doing well. I am compiling my portfolio to help me in the job application process. As you know, preparing this portfolio so that it stands out when applying for future positions requires several documents that prove my strong work ethic. I would very much appreciate your recommendation to include in my portfolio. I enjoyed my experience working at Spectrum Analytical Inc., as it broadened my scope of how a laboratory functions in a practical manner, compared to chemistry lab at school. I know that you can vouch for me in how quickly I picked up understanding the standard operating procedures and that I respected the safety aspect of working with toxic chemicals. Also, that my main task was performing water extraction experiments in preparation of analysis for various contaminants. I insist on you writing this letter of recommendation because you witnessed me work in the laboratory everyday and oversaw my progress as a lab technician. With the experience I gained, I am now confident that I can do several necessary tasks in a laboratory setting such as exchanging methylene chloride tanks, properly disposing of hazardous wastes, and documenting experiment results. I am submitting this portfolio to Cambrian Innovation in Boston, MA. It is a newly developing company that specializes in renewable energy. I am applying for a similar position as a lab technician performing research experiments...
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...Completion Chemicals / EoR Chemicals | | Oilfield Chemicals / Drilling Chemicals / Stimulation Fluids / Production Chemicals / Cementing Chemicals / Workover and Completion Chemicals / EoR Chemicals | | Actual Data | | 1. Existing regulations that oildfield chemicals should comply with . For instance, US EPA Gulf of Mexico nonaqueous-based drilling fluid stock limitation requirements 2. New regulations under consideration | | 1. Project Location Details 2. Production 3. Start of Operations Date 4. Present Status of Project | | 1. Product List and Other details such as Chemistry 2. Production Facilities 3. Sales of Oilfield Chemicals 4. Business Model (upstream presence, chemicals sold, other services such as field trials for customized solutions or Advanced Chemistry Solutions) 5. Product portfolio gap analysis (one-stop shop solution) | | 1. New technologies and chemistries 2. Research related to eco-friedly oilfield chemicals | | 1. Unmet Needs (local production / delivery time / price) 2. Expected Demand (Increase / Decrease) 3. | | 1. Market Demand 2. Supply 3. Price...
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...materials. • Human and Animal Nutrition o Our products help to produce more efficient and environmentally friendly foodstuffs and nutritional products. • Paints & Coatings o Raw material for Architectural and Decorative coatings. o Raw material for Automotive and Commercial Vehicle coatings. o Raw material for Industrial coatings. 2. Our Customers • Our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. 3. Our Purpose and Goals • Why- our Purpose o We combine economic success, social responsibility and environmental protection. Through science and innovation we enable our customers to meet the current and future needs of society. o The world population and its demands will keep growing and we will need the resources of almost three of our planets to meet the demands of the population. o We see three major areas in which innovations based on our chemistry will play a key role in Resources, environment and climate, Food and nutrition and Quality of life. • What- our strategic principles(goals) o We add value as one company. o We innovate to make our customers more successful. o We drive sustainable solutions. o We form the best team. 4. External Factors • Economic o BASF is impacted on the recent global recession and...
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...Sections Found Accounting Select CRN Subj Crse Sec Cmp Cred NR 21138 ACC 201 01 M 3.000 Title Fund of Financial Accounting Days Time TRU Instructor Date Location Attribute (MM/DD) 02/03-06/01 SBM 009 Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective 09:00 Marian I. Mason am-09:50 (P) am NR 21139 ACC 201 02 M 3.000 Fund of Financial Accounting TRU Ronald D. 12:00 pm-12:50 Williams (P) pm 02/03-06/01 SBM 012 ...
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...Chapter 2: Chemistry and molecules of life -Homeostasis- The maintenance of an internal environment -Energy- The ability to do work -Metabolism- Chemical reactions in a cell that allows it to use energy -Element- A chemically pure substance that cannot not be broken down -Matter- anything that takes of space -Atom- smallest unit of an element -Proton- positively charged particle inside nucleus -Electron- negatively charged particle around nucleus -Neutron- uncharged particle inside nucleus -Nucleus- core of an atom -Covalent Bond- strong bond from the sharing of electrons between two atoms -Molecule- atoms together by covalent bond -Organic Molecule- carbon based molecule with at least one C-H bond -Inorganic Molecule- lacks carbon and C-H bond -Carbohydrate- organic molecule made up of sugars -Protein- organic molecule made up of amino acid -Lipids- organic molecule that repels water -Nucleic Acids- organic molecule made of nucleotides DNA/RNA -Macromolecules- organic molecules made up of living organisms (carbohydrates,protiens,nucleic acids) -Monomer- one chemical subunit -Polymer- molecule made up of individual subunits -Monosaccharide- monomer of a carbohydrate -Amino Acid- monomer of a protein -Nucleotide- monomer of a nucleic acid -Cell- basic structure of living organisms -Phospholipid- lipid that forms a cell membrane -Phospholipid Bilayer- double layer lipid that characterizes biological...
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..._____________________________________________________________________CHEM 100 LECTURE UNIT 1. FOUNDATIONS OF CHEMSITRY Chemistry is the study of matter and the changes it undergoes. Matter is anything that occupies space and has mass. Applications of Chemistry • Energy and the Environment • Fossil fuels • Solar energy • Nuclear energy Health and Medicine • Sanitation systems • Surgery with anesthesia • Vaccines and antibiotics Materials and Technology • Polymers, ceramics, liquid crystals • Room-temperature superconductors? • Molecular computing? Food and Agriculture • Genetically modified crops • “Natural” pesticides • Specialized fertilizers • • • Classification of Matter A substance is a form of matter that has a definite composition and distinct properties. An element is a substance that is composed of tiny particles called atoms. A compound is a substance composed of atoms of two or more elements chemically united in fixed proportions. Compounds can only be separated into their pure components (elements) by chemical means. A mixture is a combination of two or more substances in which the substances retain their distinct identities. Physical means can be used to separate a mixture into its pure components. Homogenous mixture – composition of the mixture is the same throughout. Heterogeneous mixture – composition is not uniform throughout. 1 |P a g e _____________________________________________________________________CHEM 100 LECTURE PROPERTIES OF MATTER...
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...HUMAN RESOURCE MANAGEMENT APPROACHES TO INDUSTRIAL RELATION: Industrial conflicts are the results of several socio-economic, psychological and political factors. Various lines of thoughts have been expressed and approaches used to explain his complex phenomenon. One observer has stated, “An economist tries to interpret industrial conflict in terms of impersonal markets forces and laws of supply demand. To a politician, industrial conflict is a war of different ideologies – perhaps a class-war. To a psychologist, industrial conflict means the conflicting interests, aspirations, goals, motives and perceptions of different groups of individuals, operating within and reacting to a given socio-economic and political environment”. Psychological approach The problems of IR have their origin in the perceptions of the management, unions and the workers. The conflicts between labour and management occur because every group negatively perceives the behaviour of the other i.e. even the honest intention of the other party so looked at with suspicion. The problem is further aggravated by various factors like the income, level of education, communication, values, beliefs, customs, goals of persons and groups, prestige, power, status, recognition, security etc are host factors both economic and non-economic which influence perceptions unions and management towards each other. Industrial peace is a result mainly of proper attitudes and perception of the two parties. Sociological approach ...
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... Molecules can be either organic or inorganic. In chemistry terms, organic means a molecule has a carbon backbone, with some hydrogen’s thrown in for good measure. Living creatures are made of various kinds of organic compounds. Inorganic molecules are composed of other elements. They can contain hydrogen or carbon, but if they have both, they are organic. An organic compound is any member of a large class of chemical compounds whose molecules contain carbon and hydrogen; therefore, carbides, carbonates, carbon oxides and elementary carbon are not organic. An inorganic compound is a chemical compound that is not an organic compound. Inorganic compounds come principally from mineral sources of non-biological origin. The modern definition of inorganic compounds often includes all metal-containing compounds, even those found in living systems. Although most carbon compounds are classed as organic, cyanide salts, carbon oxides and carbonates are usually considered to be inorganic. The terms "organic" and "inorganic," as applied to the various kinds of matter of which the universe is composed, had, to begin with, a very definite signification; the latter being applied to all those forms of matter which exist independently of the operation of living beings, whilst all kinds of matter produced by the vital chemistry of living beings were grouped together under the former title. "Inorganic" Chemistry. At the present day, the term "organic" has...
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...Corrosion is an unavoidable problem that occurs almost everywhere. It can happen when a solid interacts with its environment. Corrosion oxidises metals back to some natural ore. Despite not all corrosion is unwanted, corrosion has become a growing economic concern. Taking an example of what happens in USA, corrosion of metals costs the economy almost $300 billion per year at current prices, which translates to 3-4% of GDP. Besides the economic concern, corrosion may adversely affect the environment. Worse than all those mentioned, corrosion can cause unexpected death from corrosion-related accidents. For example, the sudden collapse caused by corrosion fatigue of the Silver Bridge over the Ohio River in 1967 cost 46 lives on top of the needless-to-say millions of dollars material loss. Therefore, the benefits brought about by corrosion are outweighed by its detriments. The fact is, about 33% of these costs could be diminished by using corrosion-resistant materials. Being defined as the sideways displacement of material from its original position on a solid surface performed by the action of another surface, wear is another mechanical property of materials that materials scientists consider when selecting materials in a design task. In order to be wear-resistant, a material must be hard and strong. The demand for corrosion- and wear- resistant coatings is nowadays rapidly increasing, especially in oil and gas industries. The most common solutions are Hard Cr and Quench-Polish-Quench...
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...ABSTRACT The effect of molecular weight on the rate of diffusion was assessed using two tests: the glass tube test and the agar-water gel test. In the glass tube set-up, two cotton plugs soaked in two different substances (HCl and NH4OH) were inserted into the two ends of the glass tube. The substance with the lighter molecular weight value (NH4OH, M = 35.0459 g/mole) diffused at a faster rate (dAve = 25.8cm), resulting in the formation of a white ring around the glass closer to the side of the heavier substance (HCl, M = 36.4611 g/mole; dAve = 10.8 cm). The agar-water gel set up was composed of a petri dish of agar-water gel containing three wells. Drops of potassium permanganate (KMnO4), potassium dichromate (K2Cr2O7) and methylene blue were simultaneously introduced to each well. Methylene blue, having the largest molecular weight, displayed the smallest diameter (18 mm) and diffused at the slowest rate (0.3668 mm/min.). Thus, the higher the molecular weight, the slower the rate of diffusion. INTRODUCTION A substance in the gaseous or liquid state consists of molecules or atoms that are independent, rapid, and random in motion. These molecules frequently collide with each other and with the sides of the container. In a period of time, this movement results in a uniform distribution of the molecules throughout the system. This process is called diffusion (Everett and Everett, n.d.). Diffusion occurs naturally, with the net movement of particles flowing from an area...
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