...FIN 370 Week 3 Team Assignment Caladonia Products Integrative Problems Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/fin-370-week-3-team-assignment-caladonia-products-integrative-problems/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Solutions Guide: 1. We focus on free cash flows rather than accounting profits because these are the flows that the firm receives and can reinvest. Only by examining cash flows are we able to correctly analyze the timing of the benefit or cost. Also, we are only interested in these cash flows on an after tax basis as only those flows are available to the shareholder. In addition, it is only the incremental cash flows that interest us, because, looking at the project from the point of the company as a whole, the incremental cash flows are the marginal benefits from the project and, as such, are the increased value to the firm from accepting the project. 2. Although depreciation is not a cash flow item, it does affect the level of the differential cash flows over the project’s life because of its effect on taxes. Depreciation is an expense item and, the more depreciation incurred, the larger are expenses. Thus, accounting profits become lower and in turn, so do taxes which are a cash flow item. 3. When...
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...awareness and understanding of some of the key elements of entrepreneurial creativity, as well as entrepreneurship in practice. • Many fundamental principles underpinning successful entrepreneurship can be applied in a much wider variety of situations. • Improve their individual skills in terms of creative problem solving and organisational effectiveness. 3 Entrepreneurship and Business Module Sessions • Combination of lectures and mentored group work sessions. Venue: F1A15, on Wednesday in Semester 1, Time: 11:00 – 1:00 pm. • Mentored group work sessions will be held in separate sittings throughout the day in Four sessions specified in the timetable. It will be announced in Week 5. • Students will be asked to self-select their project teams to fit into one of these four sittings, during which they will work through group work in a mentored environment. Groups will not be allowed to change sittings during the course of the module. Course Time Table • Week 2: Wednesday 25th September 2013 – Lecture – – – – Module Introduction and Rationale Course structure and rationale The importance of an integrative learning approach Why study Entrepreneurship? 4 • Week 3: Wednesday 2nd October 2013 – Lecture – Definitions of entrepreneurship – The main issues of debate • Week 4: Wednesday 9th October 2013– Lecture: – – – – The need for invention and innovation The nature of innovation Creativity in Theory and Practice Entrepreneurship and Innovation from Theory to Practice ...
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...HOW SUCCESSFUL LEADERS THINK Leaders have the predisposition and the capacity to hold in their heads 2 opposing ideas at once. They’re able to creatively resolve the tension between those 2 ideas by generating a new one that contains elements of the others but its superior to both. This process of consideration and synthesis can be termed integrative thinking. It is this discipline that is a defining characteristic of most exceptional businesses and the people who run them. Not every good leader exhibits this capability, nor is it the sole source of success for those who do. But integrative thinking tremendously improves people’s odds (possibilitats). Many great integrative thinkers aren’t event aware of their particular capability and thus don’t consciously exercise it. Opposable Thumb, opposable mind Red Hat faced what seemed like 2 alternative paths to growth. AS Red Hat looked to grow beyond its $1 million in annual sales, it could have chosen one of the 2 basic business models in the software industry. 1. classic proprietary-software model sold customers operating software but not the source code. These companies had wide profit margins because their customers, lacking access to the source code, were essentially locked into purchasing regular upgrades. 2. Free-software model: suppliers sold CD-ROMs with both the software and the source code.--> Prices were modest; and suppliers made money each time they assembled a new version from the many free updates...
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...BIGGER PAN; THE FORCES BEHIND INTEGRATIVE BARGAINING By Joseph Brick 1 ABSTRACT Integrative bargaining is a highly effective means of negotiating an agreement. However, it is also an underutilized method. Although there has been a recent focus on the topic in the past thirty years, the factors which deem it beneficial are still little understood. What this paper attempts to set forth is an explanation of why integrative bargaining is a successful and desirable method of negotiating. With a better understanding of why integrative bargaining is effective, negotiators may be better able to utilize this method to its full potential. This paper culminates with a suggestion on how to best exploit this new understanding. Research up to this point has suggested that integrative bargaining is desirable due to the increasing the pie rationale. The contention set forth in this paper is that there are alternative factors driving integrative bargaining. Exploration of this theory begins with an analysis of whether integrative bargaining is driven by the interjection of equity principals into what was traditionally a law driven enterprise, that of negotiation. It is argued that the stability of contract which results from an earlier application of equitable principals in the negotiating process is just as crucial to integrative bargaining as the desire to increase the pie. With this conclusion, it becomes apparent that solutions which encourage integrative bargaining will result in more...
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...Introduction to International Management | Analyze current and emerging realities in the global market place | Textbook: Chapter 1,in-class materials,Wide Web sources | LectureDiscussion | | 2 Jan 14 | An Introduction to International Management | Analyze current and emerging realities in the global market place | Textbook: Chapter 6, in-class materials,Wide Web sources | LectureCase study | 3 | 3 Jan 21 | Assessing The Global Environment: Macroeconomic | Evaluate the impact of global macroeconomic environment on managerial decisions | Textbook: Chapter 1, in-class materials,Wide Web sources | LectureMini-practicalsIntegrative Term Project | 21 | 4 Jan 28 | Assessing The Global Environment: Legal and Political | Assess major implications of the legal environment and political risks for foreign operations | Textbook: Chapter 1, in-class materials,Wide Web sources | LectureDiscussionIntegrative Term Project | 2 | 5 Feb 4 | Cultural Context of International Management | Modify management style to incorporate important cultural dimensions | Textbook: Chapter 3, in-class materials,Wide Web sources | LectureCase studyIntegrative Term Project | 22 | 6 Feb 11 | Communicating Across Cultures | Recommend effective approaches to overcome the existing barriers to communicate across borders | Textbook: Chapter 4, in-class materials | LectureMini-practicals | 2 | Feb 18 | READING WEEK | | | | | 7 Feb 25 | Cross-cultural Negotiation and Decision Making...
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...both parties agree to a solution. In negotiating, there are two forms and one can utilize integrative bargaining, which referred to as “win-win” bargaining or distributive bargaining as well known as “win-lose” bargaining. Negotiator knows that there are too many situational and monetary variables for a single strategy to work in this case and often times the negotiator needs to utilize both approaches to effectively conduct negotiations. In this paper I will provide and explain an appropriate approach what situation the negotiator would utilize the technique. Defining Integrative and Distributive Bargaining There are two common approaches to any negotiation situation: distributive and integrative. Each is useful in specific contexts, and the same negotiator may utilize either or both strategies depending upon their desired goal. The largest difference between the two styles is the circumstance in which they are used. Often when we negotiation a one-time situation or purchase we will utilize a distributive bargaining approach and try to gain the best price or outcome where “we” are the winner and those we are negotiating with are the “losers” In these situations we rarely interact with the opposing party on a regular or future basis and are seeking the best possible outcome for this specific negotiation without interest in building a long-term relationship. In contrast, an integrative bargaining situation occurs when it is possible to produce a greater outcome together than...
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...Negotiation Theory Types of Negotiation Table of contents 1. Introduction 2. Negotiation Theory: Foundations and Approaches 2.1. Basic concepts of negotiation 2.2. Negotiation approaches: An overview 2.2.1. Structural approach 2.2.2. Strategic approach 2.2.3. Behavioral approach 2.2.4. Processual approach 2.2.5. Integrative approach 2.3. Summary of approaches 3 Types of Negotiation Negotiation Theory and Practice: A Review of the Literature “major public policies are the outcome of a complex round of negotiation between interests, choices between values and competition between resources… there are no single ‘best’ options for any player in this game, for the ‘best’ outcome depends on what others do and what deals are possible.” (Davis et.al., 1993) 1. INTRODUCTION “Pure” conflict defined as the existence of competing interests between parties in absence of interests that are shared, is an anomaly in international relations where the defining feature of the relationship between states is mutual dependence. Such was the observation of Thomas Schelling, noted international economist, during the height of the Cold War. In the decades that have since transpired, globalizing developments in technology, communications, finance and trade have given rise to a world in which citizens, organizations and governments engage in millions of trans-national interactions on a daily basis. In the modern age, the need...
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...conflict resolution strategy that involves assistance from a third party; used when both parties are unable to find resolution on their own. | | Conflict | One party perceives its interests are being opposed or set back by another party. | | Day of contemplation | A one-time-only day off with pay to allow a problem employee to reflect and recommit to the organization's values and mission. | | Distributive negotiation | Two interdependent parties, each with their own opposite preference, seek to make a decision that will result in one party winning at the expense of the other. | | Dysfunctional conflict | Threatens the interests of an organization. | | Functional conflict | Serves an organization's interests. | | Integrative negotiation | Two interdependent parties with their own preferences and values seek a win-win resolution through greater dialogue and cooperation. | | Personality conflict | Interpersonal opposition driven by personal dislike or disagreement. | Outline: Chapter 8CONFLICT AND NEGOTIATIONLearning Outcomes 1. Define conflict, functional conflict, and dysfunctional conflict 2. Identify the various antecedents (causes) of conflict 3. List two approaches an employee or manager can take to respond to each of the following: personality conflicts, intergroup conflict, and cross-cultural conflict 4. Compare and contrast the five alternative styles for handling conflict 5. Assess the value of having third party interventions...
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...1. Full Bibliographic of Reference John P. Meyer and Thomas E. Becker. Employee Commitment and Motivation: A Conceptual Analysis and Integrative Model University of Western Ontario and University of Delaware Chri 2. Introduction The article is about presenting an integrated model about employees' commitment and motivation. According to the article, commitment and motivation are distinguishable, albeit related, concepts. More specifically, it suggest that commitment is one component of motivation and, by integrating theories of commitment and motivation, it gain a better understanding of the two processes themselves and of workplace behavior. This article is conceptual based which is largely based on presenting the reasoning of different theories. Employee Commitment and Motivation: A Conceptual Analysis and Integrative Model uses various theories about motivation and commitment. 3. Brief Summary This article tried to assert commitment is one part of motivation and, by integrating theories of commitment and motivation, For example, because commitment often involves psychological attachment to social foci, incorporating commitment as an independent aspect of motivation should allow enhanced understanding of behaviors that have broader social implications. The article begin its attempt at integration by providing a broad overview of theory and research pertaining to workplace motivation and commitment. Both are complex concepts, and therefore a comprehensive analysis...
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...We look for lessons in the actions of great leaders. We should instead be examining what goes on in their heads – particularly the way they creatively build on the tensions among conflicting ideas. How Successful Leaders Thınk by Roger Martin 60 Harvard Business Review 1179 Martin.indd 60 | June 2007 | Alex Nabaum W E ARE DRAWN to the stories of effective leaders in action. Their decisiveness invigorates us. The events that unfold from their bold moves, often culminating in successful outcomes, make for gripping narratives. Perhaps most important, we turn to accounts of their deeds for lessons that we can apply in our own careers. Books like Jack: Straight from the Gut and Execution: The Discipline of Getting Things Done are compelling in part because they implicitly promise that we can achieve the success of a Jack Welch or a Larry Bossidy – if only we learn to emulate his actions. But this focus on what a leader does is misplaced. That’s because moves that work in one context often make little sense in another, even at the same company or within the hbr.org 5/2/07 8:11:11 PM _ / / / g g hbr.org 1179 Martin.indd 61 | June 2007 | Harvard Business Review 61 5/2/07 8:11:25 PM How Successful Leaders Think experience of a single leader. Recall that Jack Welch, early in his career at General Electric, insisted that each of GE’s businesses be number one or number two in market share...
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...Negotiation Skills Course Instructor: Wendy Chung April 14, 2010 Week 7 Submitted by Bob Figone What is the problem or issue that necessitates such an article be written? This article comes directly out of both textbooks (Chapter 12 in Essentials of Negotiation, page 256 and Article 7.1 in Negotiation – Readings, Exercises and Cases, page 485) we have used for this course. It is a summary of what we have learned about the field of negotiation. It reminds us that negotiation is intrinsic in our lives and confronts us many times each day. This article is a reflection by the author’s using a broad view of best practices for negotiators to focus on in order to improve negotiation skills and techniques. What strategies or techniques are used to solve the problem or address the issue? The article lists Ten Best practices for Negotiators in a table and continues to explain the importance of each. The table from the text is as follows: |Ten Best Practices for Negotiators | |1. Be prepared | |2. Diagnose the fundamental structure of the negotiation | |3. Identify and work the BATNA ...
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...Course Project HR 595 Negotiations IUHealth North is a full service healthcare facility located in Hamilton County. It has just celebrated its 5th year as a leading health care provider in Central Indiana. IUHealth North is a small part of a bigger network that includes 16 other hospitals ranging from Northern Indiana (Laporte) all the way to Southern Central Indiana (Paoli). IUHealth is most known for its complex of hospitals in downtown Indianapolis that include Indiana University, Methodist and Riley Hospital for Children. According to US News and World Report, IUHealth is Indiana’s only healthcare system to be nationally ranked 14 years in a row. IUHealth has innovative technology, incredible amenities, and a service culture that goes above and beyond expectations. With all of these areas IU feels they create a totaling healing of a patients mind, body and spirit. IUHealth North provides a catering service for internal and external events. There are over twenty-five departments internally that have access to our service and to our department but choose to use both internal and external catering sources throughout the year for special occasions. The Nutrition and Food Service Department is incredibly talented and are able to create, copy, or mimic any outside catering vendor and at a portion of the price of an outside caterer. There are six associates that have graduated...
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...definition of leadership. Likewise, most individuals would probably support the concept that leadership involves some form of influence. The focus of this paper is to provide an overview of the integrative approach to leadership as a tool for managers in any organization. Overview The integrative approach to leadership is a process that involves bringing together groups and organizations in semi-permanent ways typically across sector boundaries to remedy complex obstacles and achieve the success (Alban-Metcalfe & Alimo-Metcalfe, 2010). Strengths and Weaknesses Leadership Example A key leadership challenge for managers is maintaining and further developing the critical capabilities that ensure an organization’s success and longevity. Thus, good leadership is at the heart of great triumphs for firms that recognize the significance of balanced decisions. Thoughtful analysis and prudence in every decision empowers leaders to assess the potential impact of long-term choices. Moreover, the right leadership approach enhances the probability of a firm’s durability Conclusion References Alban-Metcalfe, J., & Alimo-Metcalfe, B. (2010, September). Integrative leadership, partnership working and wicked problems: a conceptual analysis. International Journal of Leadership in Public Services, 6(3), 3-13. Yuki, G. (2010). Leadership in organizations (7th ed.). Upper Saddle River, NJ: Pearson...
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...Benefits of This Chapter The Essence of Negotiation What Is Negotiation? 5 6 6 When Do People Negotiate? Technology 6 4 3 xvii xix 1 3 Why Has Negotiation Become a More Important Skill? The Workplace 7 8 9 10 11 How People Negotiate: The Dual Concerns Model The Pros and Cons of Negotiating The Shadow Negotiation 10 What Does a Negotiation Look Like? Conclusion and Implications for Practice READING 1.1 - ONLINE DISPUTE RESOLUTION: DO YOU KNOW WHERE YOUR CHILDREN ARE?, 8Y DAVID A . LARSON 1 3 19 READING 1.2 - BALANCING ACT: HOW TO MANAGE NEGOTIATION TENSIONS, BY SUSAN HACKLEY Preparation: Building the Foundation for Negotiating Intended Benefits of This Chapter The Essence of Preparation 23 23 23 The Preparation Process, or How to Make I t All Happen Strategic Planning: Establishing the Framework Defining the Situation Setting Goals 29 30 25 25 25 Determining Your Strategy Strategy Implementation: Operationalizing the Plan 30 The Component Parts of the Situation 30 Best Alternative to a Negotiated Agreement (BATNA) Reservation Prices or Resistance Points 33 Bargaining Power 35 Analyzing the Other Party 35 32 Rapport Building and Testing Assumptions 36 Where Should You Negotiate? 37 Conclusion and Implications for Practice 38 Appendix I: Preparation Checklist 39 READING 2 . 1 READING 2.2 How TO ANALYZE THAT PROBLEM, BY PERRIN STRYKER 42 51 - INVESTIGATIVE NEGOTIATION, BY DEEPAK MALHOTRA AND MAX H. BAZERMAN...
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...Brainstorm on Negotiation: * Communication * Compromise * Stress * Time * Outcome (the problem with it is that it’s difficult to predict.) * Expectations * Conditions * Terms * Culture * Threats * Promise * Context * Bribery * Convincing * Cooperation * Gender * Actors * Gender * Competition * Listening * Understanding * Trust * Preparation * Relationship * Short-term * Long-term * Debate * Stakes (en jeux) * Expertise * Power * Patience * Confidence * Flexibily * Credibility * Capacity to find solutions * Sensibility Negotiation defined = negotiation’ is a joint decision making process through which the parties accommodate their conflicting interest into a mutually acceptable settlement. Problem #1: joint decision-making process. Is not uni-natural, not you in your own, its you and your counter parts. Problem #2: conflicting interest: do we need a conflict when negotiating. We need a conflicting interest for a negotiating process. Sometimes people bring more conflicting issue into the table than the one in account. The problem with the interest is the evaluation with the interest; people will consider the conflict with getting out of it what they need. Your interests are different form the counter parts’. Problem #3: mutually acceptable settlement: what is the better possible argument? Win-win, win-lose Negotiation ...
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