...important to understand what the skill is. Salary negotiation is the point in the hiring process when an ideal candidate for the position is given an offer that includes the salary and benefits; the employee must decide whether the offer meets their expectations. At this point, an employee can take the offer as is if they believe it is acceptable, or begin the process of negotiating for what they believe to be an accurate salary and benefits package. The negotiation should include coming to an agreement on details including base salary, benefits packages, etc. The employee should also get to know some of the organizations variable pay incentives such as profit-sharing, gain sharing, annual bonus plans, commissions, sign-on bonuses, stock options, stock purchase plans, etc. to assist in evaluating the offer. Although these portions of the pay are nonnegotiable, it is crucial the employer divulge this information to the employee during salary negotiation so...
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...To: Lois McGonagle Re: Proposed Capital Investment and Capital Structure of Madison Products Ltd. Date: 09/01/2013 I was asked to draft you a short report detailing the proposed capital investment and review the current capital structure of the firm. I will start out by looking at the proposed new product line of luggage and travel goods, I will then go on to study the Capital Structure of the firm and give any suggestions to you that I might have to help improve it. (1) Proposed Capital Investment The capital investment I was asked to evaluate was the proposed investment into a new product by the company. To help make this decision I used both the NPV and IRR methods which are used in capital budgeting to analyse the profitability of an investment. The NPV gave me a positive Net Present Value of €1,037,312 (Appendix 1) after using a discount rate of the WACC calculated of 12.79% for companies in this industry. Since this project gives us a very high NPV this project should be accepted under this method. I also calculated the Internal Rate of return for this product to confirm what the NPV has told us, to accept the project. IRR would generally be used when comparing different projects against each other with the highest being the most desirable. However in this case since there is just one project we will just want to see a high IRR rate as possible. The IRR calculated for this investment is 31.56% (Appendix 1). This is to be considered as a very high IRR and so if...
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...in order to achieve the goal of women empowerment. It must start with the simplest thing: women faced sexism everywhere eve in their house. How can women lead the world if in her own home, she is not perceived as human. Women are underrepresented everywhere, they still face many problems in the society, including: domestic violence, discrimination, unequal pay, unequal status….Something must be done in order to empower women to overcome the obstacles preventing them from political equity and equality....
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...Website Design – My Personal Portfolio Business of Graphics Site Objectives My personal portfolio will be used to attract and gain new potential leads. With this website, I will be using it to showcase my print design, as well as my web site design work and the experiences and clients that I have worked for and with. With it being my personal portfolio, it will show potential clients my competitive advantage by explaining to them in depth what I exactly do, whether that’s logo design, brand identity, marketing materials (brochures, flyers, bi-folds, and product inserts) or a simple e-commerce web site design, they will be ever to view my work and decide for themselves whether my design style will work will for their company. This will be similar to an e-commerce site, without a shopping cart, which will be explain in further depth later. My USP (Unique Selling Position) would be my ability to be flexible in my design and offering my clients the best design that works well for their business. My target market will mostly be smaller business companies, but there is a possibility that I will attract larger corporations and even consumers who just want a simple design. My site will be designed to generate qualified leads and bring in new customers, especially in the design and marketing fields since this will be my specialty. It will also be designer to increase my name recognition so that consumers will think of me when they need to have a unique design for their company...
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...EFFECTIVE LEADERSHIP KEYS An effective leader knows that through an understanding of situations and followers, their results are achieved based on their approach. The leader expects to create the direction, alignment, and commitment that will enable them to work together to achieve organizational success. It is getting more difficult to make this happen. The basic solution that leader can do is developing relationships with others to create a sense of responsibility. Connecting to individuals, navigating a goal through the complexities in an organization, and making sense of challenges can benefit others when leading is overcome by the unpredictable difficulties of the organization. In this approach to leadership, the major goal is to no face complex organizational problems alone and to work at defining problems. Also emotional intelligence is important for leaders and followership. Leaders must always be aware of values, norms, and what is right and what is wrong. This involves emotional intelligence. Emotionally intelligent leaders are able to effectively lead others by relating ideas and using the most appropriate solutions through an emotionally comprehensible perspective. MOTOROLA AND MALCOLM BALDRIGE AWARD Motorola has had great success in the past years due to its Razr cell phone sales. They also have won the Malcolm Baldrige National Quality Award in 1988 for its advancements based on Shainin Methods. Now that many people have cell phones and many people...
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...securities through programs, however majority of the sales are executed through investment bankers. An investment banker is serves as a middleman to channel the money from investors to firms and governments that need the funds. Investment bankers, when being the middleman, they are able to help bring together individuals with funds to invest and firms that need financing. They are able to save the company in question time and money by identifying risks associated with a project before the company moves forward. They have a finger on the pulse of the current investing climate, so the businesses turn to them for advice on how best to plan their development. They assist with pricing financial instruments so as to maximize revenue and with navigating regulatory requirements. A few examples would include investment bankers that work for are JP Morgan (JPM) and Bank of America Merrill Lynch (BAC). The role of an underwriter is that they work closely with the issuing body to determine the offering price of the securities, buys them form the issuer, and sells them to investors via the underwriter’s distribution network. Underwriters generally receive underwriting fees from their issuing clients, but they can also usually earn profits when selling the underwritten shares to investors. They assume the responsibility of distributing a securities issue to public and if they are unable to sell the securities, they will either have to sell the securities at a specified offering price or may...
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...| Navigation through Adaptation | | | | Overview of Organization/Introduction: The organization that I chose to discuss for my final project paper is Goldman Sachs, the renowned American bulge bracket investment bank. In addition to bringing many companies public, Goldman is also a publicly traded financial institution headquartered in New-York city. The company’s main line of business is in helping corporations and government institutions raise capital, providing underwriting services and mergers and acquisitions advice. More specifically, Goldman Sachs specializes in investment banking, asset management, and trading and securities transaction services. Goldman has an employee head-count of approximately 35,700 people and operates mainly in the U.S, Asia and Europe. The company trades on the New-York Stock Exchange; using the ticker symbol GS. Similar and in some respects worse than other investment banks, Goldman Sachs profits fell in 2011; reportedly by as much as 58% in the final quarter when compared to the same period a year earlier. It is well documented that the financial services industry has been cutting jobs post 2008 financial meltdown. Just last year, Goldman Sachs slashed some 2,400 jobs while setting aside an approximate $367,000 in compensation per employee, down 15% from an average of $430,000 in 2010. One distressed employee referred to the reward/compensation cut as a ‘bloodbath’. From all reports it seems like the culture and morale...
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...Abstract In a developing country like Bangladesh the Investment banking play a vital role in the progress of economic development. In this paper we have tried to analyze the role of investment banking and how it influences economic development of a country. Investment bank is a financial intermediary that performs a variety of services. Investment banks specialize in large and complex financial transactions such as underwriting, acting as an intermediary between a securities issuer and the investing public, facilitating mergers and other corporate reorganizations, and acting as a broker and/or financial adviser for institutional clients. Major investment banks include Barclays, BofA Merrill Lynch, Warburgs, Goldman Sachs, Deutsche Bank, JP Morgan, Morgan Stanley, Salomon Brothers, UBS, Credit Suisse, Citibank and Lazard. Some investment banks specialize in particular industry sectors. Many investment banks also have retail operations that serve small, individual customers. It indicates the prospect of investment bank is very high because long term relationships between business firms and investment banks are pervasive in developed security markets. A vast literature argues that better monitoring and information result from relationships. Thus, security markets should allocate resources better when an investment banking industry exists. We study necessary conditions for sustainable relationships and then explore whether policy can do something to foster them. 1. Introduction...
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...International Marketing Environment International Marketing Professor Coleen James Brandy Gates July 27, 2012 Role of Government in International Trade The government’s role in international trade is to facilitate the international marketing efforts of local companies which are aimed to target the world market. First, the government can fund and supervise the gathering of considerable market information that is required to determine whether the specific products consumed in those countries are consistent with a state’s comparative advantage. The government can also conduct studies on how rising economic growth in other countries will have considerable implications for local corn, wheat and soy producers which could help the other countries meet their growing feed and vegetable oil demands (Gupta, 2010). The government can also offer international market-matching events to assist the local producers to bring their produce to the international market and interact with the prospective foreign buyers. The government can also carry out multiple sponsored market researches and business discovery surveys on specific agricultural and industrial products. These technical studies will help determine the appropriate marketing strategy as to whether a market niche might be created for a particular product, or whether the local producers could supply a different product with the same high...
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...in today’s business arena want a total rewards system that encompasses the company’s objectives and their interconnection to the total rewards system (“WorldatWork,” 2007). However, mega organizations that employ over 20,000 employees and provide services in several different countries may require a more diverse total rewards system. With that said, the organization must have a purpose, objectives, eligibility requirements, measuring techniques, funding, structure, global considerations, a timeline of detailed actions, and laws when creating their total rewards system. According to the experts, a company must consider the following core provisions as components of their total rewards system: * Cash Compensations: The employee’s base pay and incentives. * Benefits: The employee’s health care and retirement aids. * Work and Life Balance: Assisting the employee by offering tools to assist with balancing work and life. * Performance Management and Recognition: Aligning company goals with total rewards through individual and team efforts, and the acknowledgements of employee actions, behaviors, performance, and efforts in achieving company goals. * Career Advancement and Development: The employee’s career development and promotion (“WorldatWork,” 2007). Organizations that employ employees in their home country as well as in international countries are charged with the essential task of integrating a total rewards system that will accommodate employees locally...
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...MODES OF ENTRY USED BY INTERNATIONAL FIRMS TO ENTER INTO NEW MARKETS. TERMPAPER SUBMITTED IN PARTIAL FULLFILMENT OF THE REQUIREMENTS OF THE COURSE GLOBAL STRATEGIC MANAGEMENT, DEPARTMENT OF BUSINESS ADMINISTRATION, AND UNIVERSITY OF NAIROBI. DATE17TH MARCH 2012 Modes of entry used by international firms to enter into new markets. Introduction A mode of entry into an international market is the channel which an organization employs to gain entry to a new international market. International firms use several entry modes to expand their businesses globally, and to enter into new markets, there are some basic decisions that the firm must takes before foreign expansion like: first they determine which markets to enter, when to enter those markets, and on what scale. The decision on which foreign markets to enteris based on the nation’s long run profit potential.-The international firm looks in detail at economic and political factors which influence foreign markets.-Long run benefits of doing business in a country depends on following factors:- Size of market (in terms of demographics)- The present wealth of consumer markets (purchasing power)- Nature of competition. By considering such factors firm can rank countries in terms of their attractiveness andlong-run profit. The time of entry is an important factor to be considered. Entry is early when an international business enters a foreign market before other foreign firms and late when it enters after other international businesses...
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...Using the FASB Codification of Accounting Standards The Financial Accounting Standards Board (FASB) Codification of Accounting Standards is the current single source of the United States Generally Accepted Accounting Principles (GAAP). The Codification of Accounting Standards is a database and research system created by the Financial Accounting Standards Board that combines many of the authoritative resources about accounting standards into one searchable system. Some of the people who would use the Codification are accounting and reporting professionals, financial analysts, and investors. The FASB Codification allows users to easily search and navigate the content, cutting back on research time and making access to information quicker and more efficient. It was created with the goal to simplify user access to all authoritative U.S. GAAP, reduce the amount of time and effort required to solve an accounting research issue, mitigate the risk of noncompliance, and provide real-time updates as new standards are released. The FASB Codification includes all level A through D generally accepted accounting principles (GAAP) issued by a standard setter and pronouncements issued by the FASB, the Emerging Issues Task Force (EITF), Accounting Standards Executive Committee (AcSEC), Accounting Principles Board, and relevant portion of authoritative content issued by the Securities and Exchange Commission (SEC). The Codification reorganizes the thousands of U.S. GAAP...
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...Leadership takes on many roles. Whether a leader is acting in response to a specific cause or being given a task to achieve in a business atmosphere, leadership is developing strategy taking action, and motivating others to see the importance of the goal or goals. In social movements, people come together often for emotional reasons seeking to change the way society responds to certain actions. They are often a direct response to the need for reform and are brought about to make change to current established norms bringing awareness to how society morally and ethically responds to social issues. Social movements seek to implement, redefine and change the rules for the betterment of society and people. Because social movements are mainly interested in change, they are generally not for profit and require leadership that rallies the collective and influences participants to forge the path of change voluntarily with commitment to the cause rather than the outcome of getting some form of compensation. Differences between social movements and profit making businesses are that social movements “celebrate collective identity, and assert public voice” rather than focusing on the production of “goods or services. Social movements “interact with their constituents, not customers or clients” (Ganz, 2010, p. 2). True leadership on all levels whether in social movements, non- profits or other profitable business ventures, takes a person who possesses drive, focus and sees the overall picture...
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...destroys the speculation of men, but it confirms nature.” —Cicero, 106-143 B.C. As we leave behind 2008, the numbers are both historic and dismal. The S&P 500 declined by 38 percent, and almost 2 million jobs were lost. The median home price fell by 22 percent, while almost 7 trillion dollars in market value evaporated from the Dow Jones 5000 Index. Taxpayers funded $700 billion to bail out financial institutions, with another $17.5 billion to keep General Motors and Chrysler operating into the new year. The credit crisis intertwined virtually every economy and sector in the world, shattering consumer confidence to its lowest point in decades. The market bubbles in the S&L crisis of the 1980s, the dot-coms of the early 2000s and the home equity markets of today all exemplify the regular and recurring danger of rampant speculation, when unfettered zeal bids prices up to levels that far exceed the real value of the assets they represent. Yet bubbles are, as Shirley Bassey sings, “Just another case of history repeating.” Tulipmania. One of the first bubbles on record occurred some 400 years ago, in Holland. And the asset that perpetrated this bubble was a tulip bulb. The Dutch aristocracy had acquired a particular fondness for a type of tulip from Turkey that grew very well in the fertile lowlands of Holland. Citizens from all walks of life, from businessmen to average workers and paupers, quickly jumped at the opportunity to invest in tulips. Some even took out a crude form of futures...
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...FA S B L E A R N I N G G U I D E For the Codification Research System Professional View March 1, 2012 Financial Accounting Standards Board of the Financial Accounting Foundation Acknowledgements Bruce Pounder, CMA, CFM, DipIFR (ACCA), was the lead contributor for the Lessons included in the FASB Learning Guide For the Codification Research System. Special thanks to Karen Guasp of the FASB, Mary Nassef of the FAF, and numerous other FASB and FAF staff members for their editorial contributions. Copyright © 2012 by Financial Accounting Foundation, Norwalk, Connecticut. All rights reserved. This publication is for informational purposes only and the content herein is not a substitute for legal, accounting or other professional advice. As such, users should not rely on this publication for instruction, opinions, guidance, advice, or strategies on the interpretation or application of accounting or accounting standards of the Financial Accounting Standard Boards, specifically or generally, and should always consult his or her own professional advisors and discuss the facts and circumstances that apply to the user. While every effort has been made to make the information presented here as complete and accurate as possible, it may contain errors, omissions or misinformation. Neither Financial Accounting Foundation nor the Financial Accounting Standard Boards accepts any liability or responsibility to any person or entity with respect to any loss or damage alleged to have...
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