...other organisation representing authority. Many of the homeless are people who have ‘fallen through the net’, in that they have suffered from poor education, long-term unemployment and/or mental illness. Some homeless substance abusers may feel excluded from society and may welcome the chance to talk about their situation. Item C portrays homelessness to be a deviant lifestyle which therefore suggests that the people who choose to live that lifestyle may be closed characters or may lack interest to share details of their lives with other people. Talking to strangers about their deviant habits could have positive or negative effects and therefore leads to there being many strengths and limitations to structured interviews. One strength of structured interviews is that the researcher has to ask a set amount of questions meaning that even though the answers about substance abuse could be detailed, the homeless people cannot not ramble or get too descriptive if they are already using drugs whilst having that interview. The use of drugs can affect the memory of the user and this may lead to distortion of true memory and will lead to details being invalid and therefore not giving the researcher accurate and reliable sources of information. So the use of set questions gives the researcher a structure and only allows for certain information. Moreover, if a structured interview is used...
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...VALUATION TECHNIQUES Vault Guide to Finance Interviews Valuation Techniques How Much is it Worth? Imagine yourself as the CEO of a publicly traded company that makes widgets. You’ve had a highly successful business so far and want to sell the company to anyone interested in buying it. How do you know how much to sell it for? Likewise, consider the Bank of America acquisition of Fleet. How did B of A decide how much it should pay to buy Fleet? For starters, you should understand that the value of a company is equal to the value of its assets, and that Value of Assets = Debt + Equity or Assets = D + E If I buy a company, I buy its stock (equity) and assume its debt (bonds and loans). Buying a company’s equity means that I actually gain ownership of the company – if I buy 50 percent of a company’s equity, I own 50 percent of the company. Assuming a company’s debt means that I promise to pay the company’s lenders the amount owed by the previous owner. The value of debt is easy to calculate: the market value of debt is equal to the book value of debt. (Unless the debt trades and thus has a real “market value.” This information, however, is hard to come by, so it is safe to use the book value.) Figuring out the market value of equity is trickier, and that’s where valuation techniques come into play. The four most commonly used techniques are: 1. 2. 3. 4. Discounted cash flow (DCF) analysis Multiples method Market valuation Comparable transactions method Generally, before...
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...VALUATION TECHNIQUES Vault Guide to Finance Interviews Valuation Techniques How Much is it Worth? Imagine yourself as the CEO of a publicly traded company that makes widgets. You’ve had a highly successful business so far and want to sell the company to anyone interested in buying it. How do you know how much to sell it for? Likewise, consider the Bank of America acquisition of Fleet. How did B of A decide how much it should pay to buy Fleet? For starters, you should understand that the value of a company is equal to the value of its assets, and that Value of Assets = Debt + Equity or Assets = D + E If I buy a company, I buy its stock (equity) and assume its debt (bonds and loans). Buying a company’s equity means that I actually gain ownership of the company – if I buy 50 percent of a company’s equity, I own 50 percent of the company. Assuming a company’s debt means that I promise to pay the company’s lenders the amount owed by the previous owner. The value of debt is easy to calculate: the market value of debt is equal to the book value of debt. (Unless the debt trades and thus has a real “market value.” This information, however, is hard to come by, so it is safe to use the book value.) Figuring out the market value of equity is trickier, and that’s where valuation techniques come into play. The four most commonly used techniques are: 1. 2. 3. 4. Discounted cash flow (DCF) analysis Multiples method Market valuation Comparable transactions method Generally, before...
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...Construct and Analyze Applicant Selection Protocol For this assignment I will be conducting a job analyze for a plumbers position. I will be also making a selection protocol to recruit the right employee. In order to do a job analysis the methods that I will use will be the methods job components inventory, and position analysis questionnaire. Then compare it to the O*NET Online. Then I will construct an applicant selection protocol. In some aspects plumber are skilled labor that requires physical strength as well as a good knowledge of tools and a good mathematical base. The job components inventory contains five principles that a plumber should possess. Using the principle we will take the highest score of 80 points or more. The first principle is tools and equipment, this cover equipment from small tool to a trenching equipment. A plumber will us many small tools from a tape measure to a chisel in order to cut pipe to length , and make holes with a chisel in block in order to create an exit point. The applicant must be able to use drain machines. Must a good knowledge of chemical used and have knowledge of safety data sheet. The applicant should have a working knowledge of small tool use and safety The second principle is perceptual and physical requirements. In this principle strength and reaction time, and dexterity are needed. Plumbers require physical demands that can be lifting...
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...Top 10 Investment Banking Interview Questions | More Jan 9, 2009, 1:00 pm With the new semester beginning for most MBAs and undergraduates, we know that interviews are again at the forefront of many of your minds. Below we have selected 10 of the most common technical investment banking interview questions. For instant access to our 3 Hour Finance Interview Prep Webcast, please click here. For private interview prep, please call us at 617-314-7685. Enjoy! ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- 1. How do you value a company? This question, or variations of it, should be answered by talking about 2 primary valuation methodologies: 1. Intrinsic value (discounted cash flow valuation) 2. Relative valuation (comparables/multiples valuation) * Intrinsic value (DCF) - This approach is the more academically respected approach. The DCF says that the value of a productive asset equals the present value of its cash flows. The answer should run along the line of “project free cash flows for 5-20 years, depending on the availability and reliability of information, and then calculate a terminal value. Discount both the free cash flow projections and terminal value by an appropriate cost of capital (weighted average cost of capital for unlevered DCF and cost of equity for levered DCF). In an unlevered DCF (the more common approach) this will yield...
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...perspective of quantitative analysis have become the direction which most scholars study at present (Lu, 2009:1). Net-news credibility constitutes the primary factor influencing on the efficiency of net-news spread, but accurate quantitative measurement is out of essential importance, especially in China. Generally speaking, it is the respondents that determine the most appropriate method. Every research method has its superiority and inferior position (Babbie, 2004:112). According to Schroder et al. (2003: 205), quantitative analysis is often used to investigate "individual style and identity issues". In order to understand and explore audiences’ attitude and opinion to online news, quantitative analysis will be applied to this research. 2.2 Selection method 2.3.1 Interview or questionnaire? Questionnaire is one of the basic tools for quantitative analysis. According to Hansen, Cottle, Negrine and Newbold (1998:225-227), Questionnaire can be used to ‘collect data about current attitudes and opinions’ and to identify ‘who takes up these media and why’. The data that collected from a population of respondents can be used to ‘support to, or to negate hypotheses or propositions’, and sometimes only provide common information on ‘existing or changing patterns of behavior ’ (Hansen, Cottle, Negrine and Newbold, 1998:225). With respect to the interview, questionnaire has higher efficiency, and it can greatly save time, money and human operation (Lu, 2009: 21-22)...
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...Week 3 O*NET Resource Center Student’s Name University MGMT410, Professor XYZ, Date Learning Questions Question 1: How easy was it to find the specific occupation you were looking for, and how comprehensive was the information provided about that occupation? I currently hold an operations role and searching for “Operations Manager” was relatively easy on O*NET. “The O&NET program is the nation’s primary source of occupational information and it contains information on hundreds of standardized and occupation-specific descriptors” (O*NET, n.d.). Once a person familiarizes with the O*NET Content Model, which is its conceptual foundation, the search engines become easy to understand. The top two search returns for me included Wind Energy Operations Manages and General & Operations Managers. Interesting fact emerged by reviewing both that gave good representation of skills, overall knowledge, abilities and work activities necessary to be successful in these roles that correspond to my experience with what the role demands in my current work environment. For operations type of positions it is imperative to be able to work independently, be initiative, rely heavily on analytical thinking and have the leadership skills that take charge and can motivate other team members. It was comforting to see that the real world experience matches the O*NET comprehensive information provided. Certain discrepancies are expected as each industry is slightly different but in general...
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...manager and an inexperienced but willing staff auditor investigate suspicious financial activity at Jones Company. Their discoveries reveal their hunch was right, and they are able to stop the fraud. This case can be used in a classroom or seminar setting to: ● Discuss the Fraud Triangle and the importance of symptoms ● Discuss accounting symptoms of fraud ● Perform financial statement analyses to determine if fraud is suspected ● Identify and test a fraud hypothesis ● Analyze an interview ● Analyze an interrogation ● Draw conclusions and prepare fraud reports The case requirements include: 1. Perform horizontal and vertical analyses of the financial statements. 2. Describe other financial statement analyses that the auditor could have performed. 3. Describe a public records search. 4. Analyze this case using the fraud triangle. 5. What is the fraud hypothesis in this case? Session Topics This case includes teaching notes (provided on the conference website) and a video (30 minutes) depicting a suspect interview and a separate interrogation. The video highlights verbal and non-verbal cues to look for when interviewing and a non-confrontational approach to interrogation. During this session we will view the video and discuss how the case might be used in the classroom or seminar. Copies of the video will be available to session attendees. Speaker Biographies JOHN DELANEY is an Associate Professor of Accounting at Augustana College. He earned his D.B.A. from St. Ambrose University and...
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...Organizational Change。the adoption of a new idea or behavior by an organization.Disruptive Innovation。Innovations in products, services, or processes that radically change an industry's rules of the game for producers and consumers. (296) Ambidextrous approach。Incorporating structures and processes that are appropriate for both the creative impulse and for the systematic implementation of innovations. (297Product change。Change in the organization's product or service outputs. (297)Technology Change。Change in the organization's production process—how the organization does its work. (298)Creativity。The generation of novel ideas that might meet perceived needs or respond to opportunities for the organization. (298)Idea Incubator。Provides a safe harbor where ideas from employees throughout the company can be developed without interference from company bureaucracy or politics. (300)Horizontal linkage model。The model shows that the research, manufacturing, and sales and marketing departments within an organization simultaneously contribute to new products and technologies. (302) Fast cycle team。A multifunctional, and sometimes multinational, team that works under stringent timelines and is provided with high levels of resources and empowerment to accomplish an accelerated product development project. (303)Open Innovation。Extending the search for and commercialization of new ideas beyond the boundaries of the organization and even beyond the boundaries of the industry. (303)Idea Champion。A...
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...is an allure to investment banking, namely that it is a high powered, fast-paced, exciting, dynamic career that can make you rich. This can be true, but it is also just a job - particularly as a first-year associate when it may not be as glamorous as you thought it would be. QUALITIES THAT INVESTMENT BANKS LOOK FOR It is important to see yourself as a portfolio of skills and qualities conducting an internet job search as well as any other. There are a number of skills and qualities that banks look for, and a successful candidate needs to put together several, but certainly not all of them. Additionally, it is probably a good idea to have some balance in your portfolio. Some qualities that banks look for on a resume or in the interview and some suggested ways to demonstrate them (these are just a few, and some banks will emphasize some more than others): Show a strong interest in Finance: Be able to convey to an interviewer/contact that you understand what investment banking is, what an associate does, and why you would be a strong candidate for that particular bank. Read the Wall Street Journal and other financial publications and show that you can speak intelligently about the issues discussed. Specifically, gear you course work toward finance and accounting - show that you learned something in these classes. Show that you are...
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...Rejection: LM 4 Ryan and Tippins article was interesting and clearly alluded to the limitation of references and cognitive/personality skills tests in assessment when not performed properly. Further these readings also indicate that the battery of questions for assessing personality need to be implemented fully, rather than making an interpretation based on a few isolated questions. With that perspective I would be disappointed if the rejection was based upon an assessment that was made on cognitive or personality testing when a full complement of questions or a comprehensive test was not administered. This occurs not too infrequently in work place, for the convenience of saving time. In addition, most interviewers, especially in medicine are experts in their medical field; they have little back ground in cognitive and personality testing. While some of these tests have good validity in identifying cognitive and behavior attributes, it requires an expert in this field to be able to properly implement and interpret the data from such tests. I would be not pleased if the rejection was also due to referee’s recommendation or lack thereof. As part of my interviews for my current job (Chair), the Dean of the medical school called few selected other nationally known leaders in the specialty. It was a big concern for me, as the referee’s he chose may not have known me well or well enough. There expertise may have been different than mine and our paths may not have crossed beyond being...
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...Language in a wok place: Article Methodology: The questions they wanted to investigate were: 1. “Given the language requirements of horizontal communication in MNC’s, what kind of problem do staff experience?” 2. “Given modern language and communication training methodology, how could in-company language training be harnessed to improve international horizontal communication in an MNC? * * They analyzed a Finland based MNC (Kone Elevators?) where the corporates official language is English. * * The Reasons were they wanted to gain in-depth understanding of different ways communication goes between subsidiary staff (lower staff) in different countries. * * * Interviews: * * The interviews were with Kone staff, and there was an analysis of the company’s language and communication training program. * * The interviews were made with levels 1. Top management 2. Middle management 3. Operating management * * The Interviewees were from different countries (Europe, Mexico, and the far east.) and the interviews were spoken in different languages depending on the nationality who they were asking questions to. * * The Kone key informants (person who gives information to others) where interviewed on the telephone and email: 1. The specific role that language is perceived to play in horizontal communication. 2. Language training in Kole * * Those informants intervewees...
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...Week 3: Assignment The O*NET program is ideal for any person or institution that would like to encourage staying informed with today’s occupations. That is because it makes finding specific occupations easy and is very informative. O*NET also contains a 60 question “O*NET interest profiler” process which can be used to help guide users to potential careers (O*NET). It could be used as a useful tool in conducting job analysis, and a useful tool for HR personal. Given that “The O*NET program is a primary source of occupational information and it contains information on hundreds of standardized and occupation-specific descriptors” (O*NET) I was able to find the comprehensive information about the position I searched. Finding the information was very easy and I must say that I really enjoyed how well the website is working, it is very user friendly and within few clicks I found out every little bit of info that I was looking for. The information provided about my occupation was on point and very comprehensive and I was little bit shocked how many little things is included in this particular job description. I mean at my last job I did lots of different things related to this position, but thanks to this website “O*net” I realized what skills are crucial in that position and how long is the list of all other things that make someone a recruiter. The occupations suggested by O*NET are very accurate because it matches skills, personality traits, and interest. For example...
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...Assignment FLO Dropbox. This assignment must be submitted in .pdf format as one document. If you are using an MS Office application you should be able to go to 'print file' and print to a .pdf file format. You then save this file and then submit it through FLO. If you are not certain how to create a .pdf document you will find help online through a google search. One converter can be found at http://www.pdfonline.com/convert-pdf/ You must only submit one document. You must not create different documents for each question. I shall be using an online marking process so it is important that you submit your assignment correctly. SUBMISSION DATE: You can only submit your assignment between 8.00 am on Tuesday 19th May, 2015 and 12 noon on Thursday the 21st May, 2015. Note: The final submission deadline for this assignment is: Thursday 21sr May, 2015 at 12 noon. Please read the assignment questions and expectations very carefully. There are two questions in the assignment. ASSIGNMENT EXPECTATIONS...
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...Summer Preparatory Session PGP 2013-15 Case Based Interviews SAMPLE QUESTIONS • Our client is a large auto manufacturer who is thinking about making a device that will increase the fuel efficiency of the car by 20%. What is the market for the product? What should it be priced at? • Our client is the PVR. They want a growth strategy for the next five years? What are your recommendations? • Our client is Kingfisher. Their main product is Kingfisher beer. They want to know if they can switch from glass to plastic bottles. What are the advantages and disadvantages of such a move? Also estimate the size of the Indian Beer Market Case Based Interviews EVALUATION • Evaluation predominantly depends on your thought process and not the final solution • Normally 3 rounds of interview and one HR interview • Interviews would most probably include guesstimates as well` PREPARATION • • • • Groups of 3 (Interviewer, Interviewee, Observer) Case Handbook (ISB, IIM Indore) Case in Point One case a day Scenario #1 NEW MARKET ENTRY As CEO of Myntra.com, would you enter the online book retail market? Size Growth Rate Strategic fit Does the market entry fit the business objectives of the firm? Market state Lifecycle stage Market Gaps (Target Market) Scenario #1 NEW MARKET ENTRY Competitors and their market share Product/Service Differentiation Threat of substitutes Entry/Exit barriers Internal Development Purchase Contract Resource Acquisition Joint venture ...
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