...Why value life? Life is full of happiness, joy, peace, glory and love. It is the greatest gift one can receive from God. We live not only for ourselves but also for others, specially our families and loved ones. Life is full of happiness as well as sorrow, problems as well as solutions, kindness as well as selfishness, but that’s what makes life challenging. As the quotation says, “Live life to the fullest.” We must enjoy every day, every minute and every second of our existence. We cannot bring back the time that has been gone, but we can enjoy what we have now. Valuing life is like valuing yourself. If you value yourself you also value others. We didn’t beg nor ask for it, but God gave it to us, our life, our family, and our friends. And one way of saying thanks to Him is by loving, protecting and most of all, the contentment that we know someone loves us. In that way, we appreciate and love what God has created and given us. No one has the right to neither take away someone’s life nor kill themselves. It is not right to kill people, for everyone has their freedom to live and enjoy life, and no one must commit suicide just because of problems they cannot handle. It only depends on us, on how we look into things and find the solutions ourselves. Valuing our life and other’s life is the only thing we can present to God when we reach the altar of heaven; it is a proof that we appreciated and love the life, the experience and joy that has been lent to us while we are...
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...In the article “Why “Fair Value” Is The Rule”, the author Karthik Ramanna, has many valid points as to why fair value should be used in the accounting system. She states that fair value takes over for the old, worn out system of keeping books at historical value. She talks about how using fair value makes account more reliable. Also, it was believed fair value accounting was part of the reason the stock market crashed in 1929. Another point that Karthik had was why people actually support fair value. Fair value replaced the old, worn out system of keep books at historical value. With historical value, you never really need to record anything if the price becomes cheaper. It is a way for your assets to look larger than they actually are. If you record an item at fair value, you are normally reducing that value, so you are also reducing your assets. Sometimes you must actually increase the value because you paid less for the item than it is now worth. Fair value also helps with an insurance policy. If you have something that is stolen, and you do not get a settlement from your insurance company, you record the loss at the adjusted fair value. Fair value is a more reliable form of accounting, at least according to some people. It is believed that if someone is using the real cost on the books, it’ll mean that they are more accurately reporting what they have. Others believe that historic costing is more reliable because you are accurately showing what the product WAS worth. I...
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...Value investing is the strategy of purchasing an asset which is trading at a significant discount from its determined intrinsic value. It has long been regarded as a low risk method of providing outstanding investment returns (Klarman 2001). The investment strategy was described by Benjamin Graham and David Dodd in their book, Security Analysis (1940, p. 724). Over subsequent decades the investment approach has evolved utilizing varying fundamental methodologies but always maintaining the principle of investing when a discount to intrinsic value exists. Graham and Dodd (1940, p. 368) referred to this principle as the 'margin of safety'. This essay will explore the various methodologies, expand on the 'margin of safety' concept and discover the factors that have led to the success of the exponents of value investing. Bierig’s (2000) assessment of the Graham and Dodd approach indicated that a value investor doesn’t just follow share market fads but instead ‘searches for stocks selling for less than their intrinsic value’ and after purchasing, waits for market recognition that corrects this discrepancy. Athanassakos (2011b) has illustrated that a search for undervalued stocks is the initial process undertaken. He maintains that these stocks tend to be ‘avoided by large institutional investors’ and are not the ‘glamour stocks everyone wants to own’. Graham (1973, p. 211) describes two methods of searching for fundamentally undervalued stocks; companies selling at a low price to...
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...ARTICLE SUMMARY OF CUSTOMER VALUE-BASED PRICING STRATEGIES: WHY COMPANIES RESIST Basically this paper discussed the challenges that company faced in implementing the value based pricing strategy and recommendation how to win over other approaches namely cost-based pricing, and competition-based pricing. Costumer value-based pricing is defined as the factor in determining the product price is depend on the product value and service quality deliver to customers. In other word, the price of the product or service is depending on its performance. The more value customers perceive on the product, the more expensive the product will be. Meanwhile, cost-based pricing approach is the price of the product is gathered after the cost of the product is considered. On the other hand, competition-based approach is the price of the product is determined based on the price of competitors’ product. Normally, it follows the average markets price. In addition, each approach has its own strength. For instances, data for both cost-based and competition-based pricing are easy to access since it already available. While, customer value-based pricing is takes into consideration of customer perception in pricing its product or service. Thus, the segmented customers could afford to buy the product or service. Nevertheless, researcher found that the main strength of customer value-based pricing has competitive advantages over other two approaches especially in pricing of new product. But in reality, industries...
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...Organisations that build strong value driven cultures frequently achieve continuous high performance. To what extent is your decision making recognisably based on your organisational core values? Core values provide a cultural norm, that informs the essence of a value driven organisation, connecting the individual to the corporate soul. Successful organisations have an implicit strength in taking advantage of the goodwill that cultural values engender. Learning to tap the improvement potential by making core values work for your company contributes significantly to the sustainable long tail. Building a Vision-Guided, Values-Driven Organization Richard Barrett is the Managing Partner of Richard Barrett and Associates and creator of the Corporate Transformation Tools®. He has written a powerful article on values driven companies. Barrett believes that organizational values are more important today than at any other time in history because the personal and societal context within which business operates is changing. Who you are as an organization, and what you stand for, is just as important as what you sell. The values that an organization lives by are important to a variety of stakeholders: Societal: Organizational values need to meet society’s expectations with regard to environmental stewardship and social responsibility. Failure to support society’s values can have a very significant impact on financial performance. Shareholders: Organizational values need to meet the needs...
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...STRATEGIC PLANNING 1. Why is it important for a firm to study and understand its internal environment? It is important to study and understand the internal environment because it will help the management identify the entity’s strengths, weaknesses, opportunities, and threats. The entity may use its’ strengths and foreseen opportunities to be more efficient and effective in competing with others whether it is inside or outside the industry. The entity may also either avoid or reduce the impact from weaknesses and threat and utilize these to improve the entity itself. Studying and understanding the internal environment may also yield the entity’s objectives. After reflecting the entity’s SWOT, the top management will be able to set both short-term and long-term objectives and goals along with which should be done first and which will be the most beneficial to the entity. Lastly, a sound internal environment is one of the greatest factors for an entity to continue in its operations. Like a human, it can do task effectively and efficiently if it’s fully functional, organized, and planned inside and as a whole. 2. What is value? Why is it critical for the firm to create value? How does it do so? Value, according to Merriam-Webster’s Dictionary, is the relative worth, utility, or importance of something. It is measured by a product‘s performance characteristics and by its attributes for which customers are willing to pay. Creating or assigning value to an activity or to an...
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...Week 4 Tutorial 1. What is Hypothetical Future Value (HFV)? How did this contribute to Enron’s downfall? A: Hypothetical Future Value can be defined as the value has not been earned but it is believed to be received in the future. The Enron used fair value accounting to make the balance sheet and, the money which has not been earned was written down as profit. For example, if a house worth $10,000 today, and the price increases to $20,000 tomorrow, however, if do not sell this house, there is no profit. It only has capital holding gain. If fair value accounting is used, it only has comprehensive income but operating profit. However, Enron wrote down the comprehensive income as operating profit. Due to this, it can be said that Enron cooked the books. Therefore, Hypothetical Future Value contributes to Enron’s downfall. 2. Why would ‘good’ people engage in unethical activities in business? A: There are several reasons for that. To begin with, obedience to authority, it means that those people who may not have enough knowledge to judge something or may feel indecisive when they do not have sufficient experience, they are willing to take those people who have a better understanding on it and those people who can play a lead role on it, for instance, specialists’ and boss’s advice usually is willing to be taken. Therefore, it is not hard to explain why good people would engage in unethical activities, in terms of obedience to authority, because those good people may not have...
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...Stock Valuation Using Online Data The goal of this exercise is to use the discounted cash flow model to estimate the intrinsic value of a particular stock, to perform sensitivity analysis, and to determine whether a stock is currently undervalued, overvalued, or appropriately valued. 1.) Find an estimate of the risk-free rate by using www.bloomberg.com. Use the yield to maturity for 30-year U.S. Treasury bond. Hit the markets tab, click on link to government bonds. Be sure not to use the coupon rate. The yield to maturity for the 30-year U.S. Treasury bond is 3.43 as of April 3, 2012 at 3:08 pm. | COUPON | MATURITY | PRICE/YIELD | PRICE/YIELD CHANGE | TIME | 30-Year | 3.125 | 02/15/2042 | 94-08+ / 3.43 | -1-28 / 0.104 | 15:58 | 2.) Value one share of Walgreen. Use the Yahoo! Finance site (Key statistics tab) to find the stock's beta and the next dividend paid (forward dividend). Be sure not to confuse the dividend with the dividend yield. Stock Price History | Beta: | 1.26 | Forward Annual Dividend Rate4: | 0.90 | 3.) Studies indicate that the market risk premium ranges from 4% to 8%. Assume a market risk premium of 6%. Using the data obtained in (1) and (2) use CAPM to determine the required rate of return for this stock. Rf + B (Rm - Rf) Required Return: 3.43 + 1.26 (6 – 3.43) = 6.67% 4.) Estimate the stock's future dividend growth rate. Go to the www.reuters.com website and click on markets and then stocks. Type in the name of Walgreens and select...
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...to use my God given skills and abilities. But the success of one community does not rely on the efforts of one person. It still depends on the cooperation and participation of each member. The passion to serve requires the will of being involved in a community - oriented activity in which you will utilize your time in acquiring the activity’s objectives without expecting any in return. 2. Why do you continue to live by the values you believe in? Why are these very significant to your life vis-a-vis your contribution to society? An individual who is values-centered is a person who lives by God’s ways: the perfection of the soul, heart, spirit and mind. These intend to be powerful intangible things in achieving success in life where it includes inner personality, principles and convictions of a person. Through the possession of values, a genuine journey is marked wherever an individual may roam. What I believe in greatly affects my decisions. I always base my actions from the situations I encounter. I weigh options using value laden rationales and choose whichever could practice value in the best way that my being a child, a friend, a student, and a leader would be...
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...lesson(s) or purpose is. For example, when a student is writing a research paper, all he or she has to do is go on a computer, type in a couple of words, and the research is done. Instantly a student can have information and answers without doing any actual research themselves. Technology is not only giving the answers directly to the student but it is putting them down for failure in the outside world when they face the challenge of not being able to rely back to the computer or phone. The teachers rely on technology just as much as the students do, causing not only harm to students but the entire school. Due to the technology advancing rapidly and taking over the students and educators, there needs to be a solution that will fix the problem; so why not unplug schools. Unplugging schools is minimizing or eliminating the usage of all technological devices on a school campus including cell...
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...Anthropocentrism vs. Nonanthropocentrism: Why Should We Care? KATIE MCSHANE Dept. of Philosophy and Religion North Carolina State University Campus Box 8103 Raleigh, NC 27695–8103, USA Email: katie_mcshane@ncsu.edu ABSTRACT Many recent critical discussions of anthropocentrism have focused on Bryan Nortonʼs ʻconvergence hypothesisʼ: the claim that both anthropocentric and nonanthropocentric ethics will recommend the same environmentally responsible behaviours and policies. I argue that even if we grant the truth of Nortonʼs convergence hypothesis, there are still good reasons to worry about anthropocentric ethics. Ethics legitimately raises questions about how to feel, not just about which actions to take or which policies to adopt. From the point of view of norms for feeling, anthropocentrism has very different practical implications from nonanthropocentrism; it undermines some of the common attitudes – love, respect, awe – that people think it appropriate to take toward the natural world. KEYWORDS Anthropocentrism, environment, ethics, Norton, value Environmental Values 16 (2007): 169–185 © 2007 The White Horse Press 170 KATIE MCSHANE For at least the last 30 years now, there has been a running debate among environmental ethicists about whether anthropocentrism can serve as an adequate foundation for environmental ethics. The most recent discussions of this issue have concerned Bryan Nortonʼs ʻconvergence hypothesisʼ – the view that if we ...
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...for said townhomes. Each unit buildable lot value is calculated by using the allocation method of land valuation, which is recognized nationally in the appraisal industry. In using this method you estimate the amount of value that the land contributes to the total value of the parcels by analyzing improved sales and applying land to building ratios from similar market areas. When there are insufficient vacant land sales available the land allocation method is commonly used because it gives reasonably accurate land values. The most repeating relationship of land to improvement is 20% land, 80% improvement, therefore, this is the ratio you should use in allocating value. Mass appraisal consists of valuing thousands of properties. In order to be consistent we use several tools to determine market value. These tools assist the appraiser in analyzing sales of comparable properties, any potential income that the property might be able to produce, the cost to replace the improvements on the property (if any) and any other factors that might affect the market value. Using an approved schedule of values you can build computer generated data models. The criteria for the data models consideration are time, location and physical features. • We first consider the time the sale took place. In evaluating a sale we would look for sales prior to a specific date and time adjust that sale so that the value represents a market value as of that date. • Location- We use sales data...
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...AO1: Values and Individual Rights Who were my Service Users? My work place was conducted in a nursery called Lilford Day Care centre. I knew about the placement because I used to attend the nursery when I was younger. This meant I was already familiar with my surroundings, and knew majority of the staff which it made it easier for me to get along with them, and feel comfortable around them. As being a part of the staff for 2 weeks I had various tasks that I had to complete. I had to think of creative and imaginative activities that I could involve the children with that would help them with their learning skills whilst having a fun time. So activities such as baking, going to parks and constructing puzzles helped to engage the children. As the children I worked with were aged 1-3 I couldn’t make the activities too challenging so that they could take part. I had to make sure that I fully engaged with the children, getting on the same level as them so that they saw me as a friend rather than towering over them and displaying threatening body language, I always made sure I remembered this when speaking to the children. What are ethics and values? Values- “Values are a set of beliefs or views that people hold about what is right or wrong and reflect a person’s sense of what is good or bad” (skillsforcare, 2015) Values are elements within your life which you find personally important, we use values as a core guide in which to conduct your life in a way that is meaningful and...
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...input is 51? - "You did ok" What will be printed if the user enters Wingding? " - "Invalid input, Wingding is not a value between 0-100". Is this design robust? If so, explain why. If not, explain what you can do to make it robust. - The design is fine, in my opinion, however there is no specification on what the output should be if there is a non-numeric value inputted. How many levels of nesting are there in this design? - From what I can see there are four. Provide a set of values that will test the normal operation of this program segment. Defend your choices. - If 0 ≤ x and x ≤ 19 = "You Fail" If 0 ≤ x and x ≤ 61 = "You did ok " If 0 ≤ x and x ≤ 81 = "You did well" If 0 ≤ x and x ≤ 98 = "You did great " Else Output "Valid Grade" End IF Provide a set of test values that will cause each branch to be executed. - If 0 ≥ x and x ≤ 21 = "You Fail" If 45 ≥ x and x ≤ 68 = "You did ok " If 100 ≥ x and x ≤ 103 = "How did you do?" If 81 ≥ x and x ≤ 91 = "You did great " Else Output "Invalid Grade" End IF Provide a set of test values that test the abnormal operation of this program segment. - If 0 ≤ x and x ≤ Guess = "Invalid input, Guess is not a value between 0-100". If 0 ≤ x and x ≤ 122 = "How did you do?" If 0 ≤ x and x ≤ -50 = "How did you do?" If 0 ≤ x and x ≤ Hello = "Invalid input, Hello is not a value between 0-100". Else Output "Invalid Grade" End...
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...Values Reflection Paper John Iverson CJA/474 Managing Criminal Justice Personnel 20140826 Barry Lewis Values Reflection Paper This paper will cover the core values that I hold, I will describe why these values are dear to me. I will then describe how values come into being and how we come to change these values. I will then explain what values do for and to us. I will then explain the nature and importance of human values in the workplace. In my opinion core values are the beliefs and actions that a person holds and practices throughout one life. Values dictate how a person lives there lives and what they pass on to their children. It hard for me to put into numerical order the values I hold so I will list them but remember they are not necessarily in order. Honesty is one value I hold in high regard. I believe that a person who is not honest cannot be trusted. Hence trust is another value I have. These two are the cornerstone of the most basic and important institution in our lives, marriage. Without honesty and trust it is impossible to have and keep a marriage together and marriage is the cornerstone of the family. My family is the most important thing to me. I trust my wife with every aspect of my life and if she was not honest I would trust her loyalty plays a huge part in a marriage also. There other values I have obtained after I joined the military. There are called the army values, Loyalty, Duty, Respect, Selfless Service, Honesty, Integrity, and Personal...
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