Blank kindergarten writing paper
Does The Process Of Doing Something Outweigh The Outcome Sat Essay Topics
Thursday, August 27, 2020
Role of a Butler
Since the beginning, the word ââ¬Å"butlerâ⬠has consistently been related with administration. The word reference characterizes a head servant as ââ¬Å"The head attendant of a family. â⬠This definition stays genuine in any event, when the head servant is utilized in a lodging. At the point when a visitor checks in and has involved his suite, at that point this turns into his family unit. The head servant thinking about him turns into the ââ¬Å"managerâ⬠of the suite (family unit) and as a result a representative of the visitor. Administrations head servants offer vary here and there, however their exercises are fundamentally based on causing the visitor progressively agreeable and saving them from having to do dull and tedious assignment. A lodging head servant is a diplomat who sells the inn the same amount of as any other person and ought to be viewed as a key player in a group of experts endeavoring to convey a degree of customized administration that surpasses the desire for the visitor as well as will include a state of contrast from the administration gave anyplace else. Head servants are prepared to give an extremely close to home, and nitty gritty support of their visitors. Their fundamental capacity is to deal with their visitor demands, appointments, reservations, issues, grumblings, regulate and co-ordinate each assistance that the visitor gets in suite and to guarantee visitor fulfillment by focusing on the littlest detail from appearance to takeoff. Head servants are given the marvelous duty of reaching visitors before appearance to decide their desires and guarantee everything that they like and need to do is organized before their appearance. They by and by welcome visitors on appearance, deal with their requirements and acquaint them with the offices in the event that they are curious about them. They guarantee suites are prepared, they unload their bags, iron, clean and repair whatever is broken. They give whatever room administration needs the visitors may have, from reserving a spot, buying things, bringing and serving food. Stewards are regularly expected to give morning wake up drinks, spread out garments, and keep the visitor moving easily starting with one commitment then onto the next. At the point when the opportunity arrives to leave, the head servant gathers the bags and guarantees a smooth takeoff. Having built up a cozy relationship with the visitors, he at that point keeps in contact and guarantees the visitor returns. A decent steward ought to be multi-talented and have certain characteristic character attributes so as to exceed expectations at their particular employment. They have to have great hierarchical abilities and relational abilities so they can complete their undertakings and play out their activity in a proficient way. They ought to be adaptable and pleasing to a guestââ¬â¢s needs; equipped for managing individuals all things considered and from various societies; well disposed, faithful and unpretentious and inconspicuous. They have an obligation to take responsibility for issues while expelling stresses and tasks from the visitor experience; and simultaneously encourage that exceptional interesting relationship with them. As a person who has built up an energy for visitor fulfillment and one who works energetically in conveying faultless administrations in a profoundly proficient way, I am persuaded that the job of a head servant is a magnificent opening for work for me and I assuredly have all the previously mentioned character attributes that epitomizes a heavenly steward.
Saturday, August 22, 2020
Primate Species Profile :: essays papers
Primate Species Profile Red-shanked Douc Langurs What are their names? Logical name: Pygathrix nemaeus English name: Red-shanked douc langurs How are they ordered? Order: Primata Family: Cercopithecidae Did you know..... - That Douc langurs are leaf-eating monkeys with long digestive organs and huge stomachs to get supplements out of leaves. Leaves are hard to process, so in this manner, the langurs invest the vast majority of their energy staying in bed request to appropriately process them. They leaves they eat mature inside them as a major aspect of their normal absorption, which discharges air pockets of gas and makes them burp! - Douc langurs have a particular playface in which the eyes are shut, uncovering extremely light blue eyelids. - The tails of Douc langurs are in reality longer than their body. - Douc langur babies are truly helpless to the pet exchange since they are so charming. Shockingly a large portion of these infants kick the bucket because of absence of legitimate supplements in light of the fact that their proprietors feed them just organic products - and they need numerous different supplements for a reasonable, solid diet. Where do they live? Douc langurs are discovered most every now and again in essential evergreen backwoods of Vietnam and Laos (additionally in Cambodia), at around 300-2000 meters rise. Late hands on work has shown that in spite of the fact that douc lagurs were once thought to have a confined natural surroundings, they are really found in an assortment of territories. While douc langur monkeys are limited to lush territories, they happen in an assortment of woodland types. Populaces of doucs have been situated from both storm woodlands just as rainforests also, include: semi-evergreen, swamp lower montane and upper montane backwoods types. What are their general attributes? Portrayal: Douc langurs show up as though wearing ensemble. They have dim dark underparts, and the upper piece of the leg is additionally dark, lastly proceeding down the knee and beneath are orange-red. Cheeks and throat are white, and the hands, feet, forehead, what's more, shoulders are a differentiating dark. The tail, lower arms, and genital area are moreover white. There is no sexual dimorphism in the size of douc langurs, and the size extents are the following: the body length ranges from 23.1-23.5 inches, the tail length ranges from 23.5-26.8 inches, and their loads run from 18.1-24.0 lbs. Diet: Douc langurs are vegans, getting sufficient protien and liquid by eating leaves, buds, organic product, and blossoms. They eat 50 types of plant yet no creatures. At the zoo, the creatures eat primate chow and different kinds of greens that they get in a pivoting diet. That way the creatures get the chance to pick which sort of green they need.
Friday, August 21, 2020
Important Stats To Know About Your Employees [INFOGRAPHIC]
Important Stats To Know About Your Employees [INFOGRAPHIC] Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!Important Stats To Know About Your Employees [INFOGRAPHIC]Updated On 16/08/2017Author : Ram kumarTopic : BusinessShort URL : https://hbb.me/2uHT1nN CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogWhen you are an employer you donât need to know everything about your employees, but there are a few stats that you should most definitely know. This infographic will take you through some of the must know stats you should know, these include, 20% of employee turnover happens in the first 45 days of starting the job, 22% of companies have no formal on boarding program and 25% of employees confessed to throwing a sickie in the last two years. Please see the full infographic from HR self-service specialists to see how many of these facts you didnât know about your employees because I guarantee there will be a few you didnât know.READWhy You Need Online Essay Writing
Monday, May 25, 2020
Social Media And Its Impact On Marketing And Promotion
Social media use isnââ¬â¢t just an arbitrary ego boost for brands and individuals. Itââ¬â¢s a driving factor in business, marketing, technology and so much more. We Are Social reports that 2.1 billion out of the 7.2 billion people in the world now have social media accounts. Americans certainly fall into the mix, with 60% using it for their news fix, but at the same time theyââ¬â¢re also doing other things like viewing ads. This means that you absolutely cannot ignore the impact of these huge and varied platforms on advertising, marketing and promotion. Letââ¬â¢s try to look into some examples of smart, creative and efficient use of social media to see what works. Oreo Oreo as a brand absolutely wowed the world during the 2013 Super Bowl in America. When the coverage experienced a lighting blackout, Oreoââ¬â¢s 15-strong social media team were straight on it to provide viewers with relevant content. Given that advertising space during the commercial breaks of the event itself costs as much as $5 million in 2016 (according to Fortune, who states that the cost has increased by 75% since 2005), Oreo virtually managed to capitalize for free. Although their content was not seen by every one of the estimated 114 million viewers of the television broadcast, they did receive 15,000 retweets and 20,000 likes on Facebook, as a result of the immediate coverage, Wired reports. Theyââ¬â¢re a great example of a brand using its assets to drive a social media strategy. They had copywriters, a strategist andShow MoreRelatedDigital Media and Digital Technology870 Words à |à 4 PagesDIGITAL MEDIA AND DIGITAL TECHNOLOGY Many approaches has been deliver one message to buyers across an company promotions, that may contain all types of media they are TV, radio, internet and mobile phones. Changes in communication technology and immediate access to data through tools such as the internet explain one of the reasons why marketing communications become so important. Now a dayââ¬â¢s business workers, employees, consumers used to get the information and connect to other people and businessRead MoreWhat Is The Best Way / S Promote The Product Or Service? Essay1643 Words à |à 7 Pagesà § What is the best way/s to promote the product or service? â⬠¢ sales promotion: â⬠¢ As a result the promotion is very successful; the promotion can bring a lot of customer to the market. Having updated reminders on Facebook about your salon and the current events going on within your business will actually help customers remember who you are and why they chose you in the first place. Daily posts and updates are a habit that will successfully draw new business to your Facebook pages and eventually toRead MoreImpact Of Marketing On Internet + Era Essay1337 Words à |à 6 PagesFirst of all, write down four main parts, that are the new impact of marketing ways in Internet + era, the discussion of tourism promotion strategies on social network and the innovation form of Internet + tourism, in the end, it is conclusion. About the first part, it will introduce the characteristics of the Internet + times, the rise of social networks, as well as the impact of both on the new means of marketing. The internet + times have three characteristics: First, it is cross-border integrationRead MoreIntegrated Marketing Communications Involves Realigning Communications Flow From Different Sources767 Words à |à 4 PagesIntegrated marketing An integrated marketing program that will comprise a variety of communication methods will be implemented. Integrated marketing communications involves realigning communications flow from different sources. It aims at encouraging organizationââ¬â¢s target market to listen to what the business has to offer. These channels include PR, sales promotion, social media marketing and traditional advertising. Service related information to consumers will be disseminated through these channelsRead MoreThe Impact Of Social Media On Marketing1340 Words à |à 6 Pagesdrastically changed the marketing field. The 21st century was revolutionary for the development of social media. With the expansion of social media, the marketing world needed to successfully reach a new audience. Before the advances in technology, marketers had no interaction with their customers. The marketers would simply throw advertisements in the face of the consumers. This strategy would result in short-term results an d give businesses no true way to measure their work. Social media gave marketersRead MoreMarketing And Its Effect On Consumer Food Choices Essay1711 Words à |à 7 Pagestheir businesses on a higher level by using different marketing strategies. We as people probably do not realize that we using marketing in our everyday lives. According to Kerin and Hartley (2017), As a consumer, youââ¬â¢ve been involved in thousands of marketing decisions, but mostly on the buying and not the selling side (p. 4). Marketing has become more and more popular in todayââ¬â¢s society. Marketing is a huge norm in everyday life. Marketing the activity for creating, communicating, delivering, andRead MoreEntrepreneurs Are America s Best Resource For Economic Prosperity And Growth1058 Words à |à 5 Pagesof a product. Even the best product can fail if it is not presented in such a way that consumers are drawn to purchase it; which is ultimately the goal of any business that plans to make money off a manufactured goods or service. The Four Pââ¬â¢s of marketing a product is the outline in which this can be done and what needs to be taken into consideration before the launch of a product. An effective strategy is essential to the growth of any business. The product chosen for this paper are snakeskinRead MoreAn Objective Of One World Market1312 Words à |à 6 Pagesethnic and organic foods. The goal is to create awareness about the market through the use of conventional media outlets and guerilla campaigns. Emphasis will be placed on social media ads to spread the word about the ethnic market and all that it has to offer. 4.2 Budget The marketing budget is $1.5 million. It will be distributed among the different forms of media to ensure optimal visibility. 4.3 Internet Website The One World Market Website is the place whereRead MoreAbstract. Social Media Has Fundamentally Changed The Consumer1020 Words à |à 5 Pages Abstract Social media has fundamentally changed the consumer decision process; many small businesses have had to alter their operational strategies to adapt to modern times. Due to the popularity of social media, businesses must make their brands more personal, market their products differently and communicate with customers in innovative ways (McMullen, 2017). This scope of this study consists of analyzing social media trends in the retail industry and the impact it has on the overall businessRead MoreCity Of Angels913 Words à |à 4 Pagesadvantages can be used as basis to support the use of these healthcare marketing tools in the greater Los Angeles area. The use of marketing tools such as emails, social media, and billboards in the Los Angeles healthcare system is notable. Primarily, the use of emails enables the health care system to design messages that are tailored for a specific audience, including those under the age of 25 years. Also, emails and social media gives the chance for h ealthcare professional to market themselves consistently
Thursday, May 14, 2020
PAPA MODEL - Information Technology - Free Essay Example
Sample details Pages: 5 Words: 1378 Downloads: 3 Date added: 2017/06/26 Category Technology Essay Type Analytical essay Did you like this example? PAPA Model: Today, the massive use of computer science information technology in the business world and other intuitions has brought many ethical issues and concern. Mason introduced four most crucial ethical issues of the information era on 1986: which are Privacy, accuracy, property and accessibility abbreviated to PAPA. Masonà ¢Ã¢â ¬Ã¢â ¢s PAPA model focused on the individual impairment which could arise from the unethical or misuse of information and information technology. Based on the Framework developed by Mason we can analyse and reach the conclusion on ethical issues emerged by the unethical use of information technology. PAPA model enlightens depth knowledge on what the Privacy, accuracy, property and accuracy means, how they are interrelated, what are their differences and how they help us to reach the conclusion on ethical issues. Privacy: In general understanding, privacy means the right to be free from secret scrutiny and to determine whethe r, when, how and to whom, oneà ¢Ã¢â ¬Ã¢â ¢s personal or organisational information is to be revealed. The privacy Act 1988 regulates how personal information is handled. The Privacy Act defines personal information as à ¢Ã¢â ¬Ã ¦information or an opinion, whether true or not, and whether recorded in a material form or not, about an identified individual, or an individual who us reasonably identifiable. There are two main factors which threaten our privacy today, firstly growth of information technology with its capacity of scrutiny, communication, computing, retrieval and storage, and secondly the increased value of information in decision making. Accuracy: It is the condition or quality of being true, correct or exact; free from error or defect. Inaccuracy may cause detracting situation on personà ¢Ã¢â ¬Ã¢â ¢s life, organisations and business values. Here arises some question: who should be responsible for accuracy and authenticity of collected information? How can one believe that the data will be correctly inputted, processed properly and presented to users? On what basis should we believe bugs in database or system and processing are not done with intention and occurred accidently. Who takes the responsibility for glitch in information and how the victim will be reimbursed. Property: Property issues are concentrated on ownership and value of information. It also seeks the answer of few questions like, who is the owner of the information. What is the value of the exchange, and in which way the access to information or the recourses should be allocated? Here property means the intellectual property and its right. Once the intellectual property is provided somewhere or transmitted, it is complicated to keep the person as it becomes communicable and more difficult to be reimbursed. Accessibility: its issues are concerned on who has the permission to access the information, who holds the rights or keys to access it, what data an indivi dual or organisations are privileged to acquire with which safeguards and under what terms and conditions? After going through the scenario provided and from my own research I consider, all four areas have given rise to ethical issues for Joseph where some have higher level of the issue whereas other has a low level effect. Most importantly it gives rise to privacy issues followed by others. Privacy issues: Josephà ¢Ã¢â ¬Ã¢â ¢s personal or we can say the very confidential information was compromised which could lead to very disastrous consequences, identity theft makes life miserable. If Joseph had given attention on lectureà ¢Ã¢â ¬Ã¢â ¢s warning to them to be careful and vigilant while providing personal information to companies over the internet, he might be on safe side but rather he thought him old-fashioned and never thought some issues may arise while providing information to a company like Sony. How can one decide on whom to trust? How much information can one give to others? Accuracy Issues: Being the customer of Sony Joseph had right to get accurate and timely information, to whom he had provided his personal information to credit card details with trust. Accurate information of personal information and credit card details being hacked was provided only after a whole week of the incident following by other misleading and fake information. Though, the hackers couldnà ¢Ã¢â ¬Ã¢â ¢t do any misuse of data they might have destroyed everything in a week time customers could take precaution to Property Issues: When Joseph could not restore the backup file it gives rise to property issues. He bought games from Sony he collected trophies but did he really own that? Did Sony own the data that customers provided? Sonyà ¢Ã¢â ¬Ã¢â ¢s data breach is one of the biggest data breach to date which has given rise to various concerns in the Sonyà ¢Ã¢â ¬Ã¢â ¢s privacy policy and security measures. Though, other issues also marked a q uestion to Sonyà ¢Ã¢â ¬Ã¢â ¢s management especially it has fueled to Privacy concern. When an organisation gathers personal information of its customers, employees and other stakeholders they must assure the safety and security of those. Breach of personal information can be proved very dangerous and it has been proved in many cases, for example, Jessicaà ¢Ã¢â ¬Ã¢â ¢s Story of the mail scam. The main issue and the question arise to Sony is where they really serious on Privacy issues, had they meet all the privacy measures and followed the protocol. If they had done so how someone could hack and enter into their system. Breach of over 77million accounts including all the personal details and credit card of the customer was not a small issue. This issue gave a big question mark to Sony. The management took a whole week to inform its customer of the actual reason for shutdown of its network, which is questionable. If a breach does occur, effective handling of the response is a key.This means planning and preparing for such an event in advance. A policy should be drawn up, under which it is suggested that prompt notification is made to both the customers and the regulators. All staff should have data protection training appropriate to their role, and appropriate compensation, support and remedial plans should be prepared. Though it was Sony violated the privacy of its customer Appropriate technical and organisational measures shall be taken against unauthorised or unlawful processing of personal data and against accidental loss or destruction of, or damage to, personal data. I find some statements made by Privacy commissioner Timothy Pilgrim questionable. He stated that Sony did have a case to answer as they did not intentionally disclose any confidential information is not surprising, simply put Australia has no real commercial Privacy or security legislation for Sony to breach. The fact that Sony did not show a duty of care and/or displayed a comple te lack regard for the personal information entrusted to them by their clients is completely ignored by the commissioner. Sonys duty of care is to maintain appropriate IT security systems, policies and procedures to maintain client data confidential, private and available whether at rest, in transit or in a process. It is obvious that they did not take these duties of care obligations seriously until that proverbial substance hit the fan. Statement by Pilgrim à ¢Ã¢â ¬Ã
âSony has now extra security measures to strengthen protection around the network platformsà ¢Ã¢â ¬Ã highlights its historical disregard for client confidentiality in their corporate culture and I do not think that any Australian Government officials should comment and try to forgive such obvious laissez-faire behaviour. Can he answer us, what reasonable steps Sony took to protect individualà ¢Ã¢â ¬Ã¢â ¢s credentials? Now, they actually created a CSO role. They didnt have this before? What fines were h anded down for this breach? How can he show that legislation protects individualà ¢Ã¢â ¬Ã¢â ¢s information to overseas organisations? I opened this investigation because I was concerned that Australians personal information may have been compromised, Pilgrim said. However, his concerns were unfounded, with Pilgrim finding that the company hadnt breached the Act. Seriously, just why does Sony Corporation require our full date of birth? Year only should be adequate to verify a customer is over 18 probe further only if the year reveals someone turning 18 that year. As such, Sony should be 100% liable for any loss plus damages for emotional distress to any customer, their spouse and immediate family, in respect of any customer who has their identity was stolen and fraud committed. And also it has to be made clear that whether it identified a culprit in the intrusion. Guilty must be punished. Donââ¬â¢t waste time! Our writers will create an original "PAPA MODEL Information Technology" essay for you Create order
Wednesday, May 6, 2020
Content Marketing For Business Marketing - 2331 Words
Content Marketing Definition. Content marketing, especially in the business to business marketing environment, is a relatively new term and concept. A common definition that has been used to describe content marketing came from Joe Pulizzi the founder of the Content Marketing Institute. Pulizzi defines content marketing as ââ¬Å"the marketing and business process used to create and distribute relevant and valuable content to a target audience.â⬠The process should attract, acquire and engage the audience while clearly marketing a product or service. Content marketing should use all possible channels (print, social media, web based, interview, or in-person) to achieve the goal of establishing their brand status and a relationship with the customer. (Pulizzi, 2012) Holliman and Rowley give additional information to elaborate on the concept of content marketing. Any information that has been put on a businessââ¬â¢s website is content marketing, and anything on the page that use rs are there to see and use to learn about the business. Content in any form should be created and used to tell the brandââ¬â¢s story and the story of their product or service they are offering. Not only should it tell the story, it should also focus on creating a valuable experience to draw in and retain customers. (Holliman Rowley, 2014) B2B Content Marketing and Statistics. Business to business marketing faces challenges not found in the business to consumer environment. As stated in the B2B Environment andShow MoreRelatedContent Marketing Is The Process Of Promoting A Business1804 Words à |à 8 PagesIntroduction Content marketing is the process of promoting a business or brand indirectly and directly through value-added text, video, or audio content both online and/or offline. It can come in long-form (such as blogs, articles, e-books, etc), short-form (such as social media updates like Twitter, Facebook, images, etc), or conversational-form (for example, sharing great content via Twitter or participating in an active discussion via blog comments or through an online forum). Basically, theRead MoreHow Content Marketing Is A Big Part Of Business Strategy2339 Words à |à 10 PagesContent marketing is a big part of business strategy in 2016. More and more companies are creating content as an official marketing channel. Thereââ¬â¢s this premise that it if everyone is doing it, it must be working. But what is the ROI? Will content marketing work for you? How do you track it? The key to any good marketing campaign is being able to measure the results in real dollars. If you canââ¬â¢t do that, thereââ¬â¢s no way of actually knowing if what youââ¬â¢re doing is profitable. Sadly, many small businessesRead MoreContent Marketing : Harnessing The World Wide Web For Small Business Success882 Words à |à 4 PagesGoal: Welcome to Content Marketing: Harnessing the World Wide Web for Small Business Success Total Words in this Document: 847 Title: Welcome to Content Marketing: Harnessing the World Wide Web for Small Business Success In any given month, more than 1 billion users worldwide log on to Google to search for information. More than 1 billion users open their Gmail accounts, and more than 1 billion users are watching videos on YouTube. These users are rapidly consuming online content from small businessesRead MoreMarketing Strategies For Business Marketing894 Words à |à 4 Pagesproducts is considered to be a business-to-business model. (What is business-to-business (B2B)?, 2016) These types of businesses have distinct differences from business-to-customer companies that raise multiple marketing hurdles to jump. Some of these differences include longer sales cycles, more complex products or services, few identifiable buyers, less buyer research, and different channels for marketing strategies to use. (What Makes Business-to-Business Marketing Different?, 2016). These problemsRead MoreThe Future Of Affiliate Partner Marketing1558 Words à |à 7 Pagespartner marketing Total Word Count In This Document: 1562 Title: ?Why The Future Of Affiliate Partners Depends On You? What are ?affiliate partners ?Affiliate partners? is a term that refers to a marketing partnership between two business entities that already have some corporate relationship. In the business world, ?affiliates? is a term that refers to a corporate entity that is related to another corporate entity but is not necessarily under its control. So what is ?affiliate marketing AffiliateRead MoreCoca-Colas Marketing Strategy999 Words à |à 4 PagesCoca Cola Marketing Strategy: The Coca Cola Company has continued to be one of the leading firms that provide refreshments to customers through creating value to consumers, making a difference, and inspiring moments of optimism and happiness. The success of the firm is driven by sustainable growth through achievement of short-term goals and ongoing investment to attain its long-term goals. The company has continued to build its fundamental strengths in innovation and marketing and commitment toRead MoreA Short Note On B2b And B2c Marketing1432 Words à |à 6 PagesDifferences in eCommerce for B2B and B2C Marketing Differences in eCommerce for B2B and B2C Marketing Building a B2B eCommerce platform generates big differences from trying to market retail products to consumers. Unlike B2C marketing, cultivating each potential buyer is more critical and challenging. Most business buyers are highly educated, logical and perceptive, so they tend to appreciate platforms that offer them conveniences for researching products and product lines, managing complex shippingRead MoreMarketing Analysis : B2b Digital Marketing1120 Words à |à 5 PagesB2B Digital Marketing | Listen | Plan | Engage | Deliver Exactly What Chinese Clients Expect of You Marketing your business to a Chinese business is in complete contrast to marketing it to a western audience. Potential Chinese clients value various non-intuitive aspects of your business including the ability to extensively negotiate, flexibility, use precise language for what the product delivers, and communicative value, and patiently building relationships. LISTEN ââ¬â Understanding What ProspectiveRead MoreIs Content Marketing The Right Way?1026 Words à |à 5 PagesGoal: to post a guide on how to properly do content marketing Total Word Count In This Document: 1029 Title: ?Are You Doing Content Marketing The Right Way First off, what is content marketing? Essentially, content marketing is the successor to the dying practice of traditional marketing. Traditional marketing was the go-to marketing strategy of the pre-Information Age world. Traditional marketing included radio ads, magazine ads, and television commercials, all of which can now be fast-forwardedRead MoreWhy We Need Expert Help1426 Words à |à 6 Pagesassistance of their traditional marketing consultant or agency. However, most of the marketing agencies arenââ¬â¢t updated with the trends of the online marketing sphere. Even if they do offer SEO services, probably they are following the orthodox methodologies that are not in existence in todayââ¬â¢s scenario. This means that businesses need to hire SEO services from an experience agency to help them in achieving their online goals. At the same time, it is not healthy for the business objectives to rely on multiple
Tuesday, May 5, 2020
Programming Models and Capital Budgeting â⬠Free Samples to Students
Question: Discuss about the Programming Models and Capital Budgeting. Answer: Introduction: The decisions associated to the capital budgeting has been seen to include several projections for the given scenario. The evaluations depicted above have been seen to be related to the estimation of the various types of the free cash flow for the project. The application of the other techniques has been evident with the inclusions of payback period and ARR which may used to determine the risk in the project (Hall Westerman, 2013). The calculations projected above have been able to consider the various considerations for the positive NPV and PI of 191.89%. The positive NPV has been further indicated with the project viable to be undertaken based on the considered investments. The Cost benefit ratio has been discerned with the PI value of 191.89%, which has been recognized with future cash flow, which is seen to be more than the initial investment amount considered by an organization. The decision for the rejection and the acceptance has been observed with the consideration of Capital budgeting technique like ARR and payback period (Batra Verma, 2017). The preparation of the report has been seen with the APN outdoor capital structure which has been seen to be duly listed in the ASX. The main consideration of the report has been further seen to include the calculation based on the WACC and determination of the important financial ratios for the organization. The WACC for APO has been calculated with an amount of 8.32%. The extra amount has been discerned with $181.8 equity which has been considered with rising by APN in year 2016 for capital structure establishment. The Group has been further seen to intend the reduction in cost of capital by maintaining a minimum amount of the capital structure. The total cost of capital for APN can be further reduced by the increased proportion of the debt value. Based on the annual report evaluation in the year 2016, the debt proportion in the capital structure has decreased (Daunfeldt Hartwig, 2014). The main rationale for this has been seen with the total equity which has increased and the different types of the interest bearing liabilities has been seen to be decreasing in nature. The total value of equity has increased considerably from $ 461525 in year 2015 to $ 836465 in the same FY. The D/E has been discerned as 38.1 in the year 2016 and total debt of 27.61 (Nurullah Kengatharan, 2015). Computation of After-Tax WACC: The net operating cash flow for the entity has been decreased in the previous three years. In the three years, the total amount of the earnings for the group has been identified as 19% less than the target. This has been the case mainly for the strategic initiatives in the present year which has been computed as 0.29. The decrease in the earnings per share has been evaluated as 44.4 in year 2015 to 31.4 in year 2016. The total P/E in 2017 has been observed as 16.92 (Durnev, Morck, Yeung, 2004). The liquidity positioning of the company has been discerned based on the cash ratio, quick ratio and current ratio. The total amount of cash ratio for the company is 0.38 and current ratio of 1.90 with 1.89 as the quick ratio. The total amount of interest coverage ratio is 25.96 and the D/A for the same is 0.23 (Dellavigna Pollet, 2013). Ooh Media is identified as one of the main rival of APN Outdoor group. The capital structure for the organization has been seen to compose of borrowings and equity. The total value of the equity has increased with the borrowings. The capital structure for the APN outdoor has been considered with the combination of both debt and equity in the capital structure of the company. Despite of this, the dependency in the equity is seen to be more than the debt value (Li, Peng, Li, 2015). The capital structure for APN has transformed with time for a period of more than three years, but this has not increased as per the equity financing. Henceforth, the capital structure for the organization has been identified with the mix of components for financing the assets which are seen as debt as well as the equity. APN outdoor has changed over the year, which is not increasingly related to the borrowing for the equity finance. Henceforth, it can be said that the capital structure for both Ooh Media a nd APN Outdoor group has the same mix of financing assets which is composed of both debt and equity. APN outdoor has been able to experience a stronger cash flow which has been able to assist in investment funding activity and favorable return to the shareholder (Baker English, 2013). Capital structure of APN Outdoor group: The capital structure for the organization has been considered to be based on the various types of the depiction which has been based on the equity and debts as capital for earning as an alternative for the total value made for the investments with the equivalent risk. WACC is directly imposed with the financial decision and any change in the capital structure has been directly influenced as per the WACC. With a higher WACC, there will be increased market value for the organization and vice versa. The increased value of the market is seen to be essential for the company to reduce the cost of capital (Brunzell, Liljeblom, Vaihekoski, 2013). The company has been able to decrease the cost of capital by increasing the funds based on least costly source. The cost of capital may be reduced by the company through restructuring of the capital which cannot exceed the rate of return. The lower amount for the cost of capital will be able to fund new projects in a cheaper way. The reduction on the cost of capital can be considered with formulation of new credit line and the common debt loan utilized for financing the assets including the bank loan, card debt and bonds (Welch Levi, 2013). Conclusion: The main analysis of the capital structure for APN comprise of equity and debentures. It has been further seen that the company has been able to provide a satisfactory return for the shareholders and the increased dividend for the shareholders. The earnings and the revenues before taxed and interest has been seen with an upward trend in generating a satisfactory return to the shareholders. References Baker, H. K., English, P. (2013). Capital Budgeting: An Overview. In Capital Budgeting Valuation: Financial Analysis for Todays Investment Projects (pp. 116). https://doi.org/10.1002/9781118258422.ch1 Batra, R., Verma, S. (2017). 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