Decision-Making Process and Capital Budgeting Techniques - 6050 Words

Decision-Making Process and Capital Budgeting Techniques (Research Proposal Sample) Content: Capital Budgeting - Assignment 4Studentà ¢Ã¢â€š ¬s NameInstitutional AffiliationPart ICapital budgeting involves the process of investment appraisal that includes the planning process that is used in the determination of whether a firmà ¢Ã¢â€š ¬s long-term investments such as purchase of new machinery and acquisition of suppliers are worth the funding by the firm. Since it involves the allocation of funds for major projects it should be aimed at increasing the firmà ¢Ã¢â€š ¬s value to its shareholders. It is worth the consideration of this planning process since it involves large amounts of money, which in turn has a great influence on the firmà ¢Ã¢â€š ¬s profitability (Bierman Smidt, 2014). In addition, such projects are usually long-term and thus, once made they are irreversible without significant losses of the invested capital. Such an investment usually becomes sunk, and as such mistakes, as opposed to being corrected, must usually be borne until such a time when the firm involved can be withdrawn through such processes as liquidation or depreciation of charges. Owing to the significant impact of capital budgeting on the firm, in this case EEC, it is important to consider an enhanced analysis of the feasibility of acquiring the supplier.Information RequiredThe process of analyzing the investment opportunity in the purchase of the supplier will be enhanced by the acquisition of a wide range of information that will enable the firm to make a viable decision on the capital project. Such information will include the cost of acquisition, which will be determined by carrying a valuation exercise on the firm to be acquired. It will be vital for EEC to determine the current value of the supplier so as to make a decision as to whether it should purchase the supplier in consideration of the firmà ¢Ã¢â€š ¬s financial capability (Bierman Smidt, 2014).In addition, the firm need to acquire information on its resource capability to carry out the ca pital project following the determination of the current market value of the supplier and other operation dynamics, the organization will need to determine if it is capable of financing and effectively operate the project both in the short and long terms. The firm needs to acquire information on the resources required to effectively run the supplier firm. Such resources may be in the form of finances, time, as well as human resources.Capital projects have a great influence on the firmà ¢Ã¢â€š ¬s profitability as a result, it is important for the firm to have information on the returns of the project before making a decision on investing in it (Clayman, 2012). The firm should thus, collect information on the cost savings that will be achieved if it invests in the project.So as to ensure that the firm does not risk its funds, it should take a step to acquire information on the prevailing market conditions, as well as competitive advantage levels to which the acquisition of the suppli er will result in. Such will enable effective decision-making on the project since the decision makers will be able to get a glimpse of such factors as competition in the market and the manner in which the firm will be able to compete with other firms in the market.Decision-Making Process and Capital Budgeting TechniquesThe decision-making process in this case will involve a series of steps. Such will include gathering information on the project, especially in terms of the prevailing market conditions, current value of the supplier firm, as well as any future prospects on the project (Shim Siegel, 2012). Following this process, it will be important to consider a number of other options including starting up a branch in EEC to cater for its supply solutions. The process will be effectuated by comparing the alternatives available and coming up with a final decision to purchase the supplier. It will also be important to consider the rate of return to assign the project so as to make i t possible for the organization to plan for the investment effectively.Different capital budgeting techniques maybe applied in making capital budgeting decisions (Bierman Smidt, 2014). Such include the accounting rate of return (ARR) that is a ratio that gives the rate of return of a project that is generated from the projectà ¢Ã¢â€š ¬s net income. It gives a ratio of the rate of return relative to the investment made and does not take into account the time value of money.The payback period may also be used and refers to the period of time taken for the project to recover the amount invested. It thus, gives the measure of time taken for the project to pay the invested funds and does not take into account the time value of money.The net present value (NPV) refers to the sum of the projectà ¢Ã¢â€š ¬s present values of all the cash inflows and outflows over a specified period of time in the future. In this technique, time value of money is taken into account and provides that time h as an impact on the value of the projectà ¢Ã¢â€š ¬s cash flows (Osborne, 2013).Net Present Value Calculation     Interest 14% Year Cash Flows Year Cash Flows Present Value 0 ($2,000,000) 0 ($2,000,000) -2000000 1 500000 ($1,500,000) 1 500000 438596.49 2 500000 ($1,000,000) 2 500000 384733.76 3 500000 ($500,000) 3 500000 337485.76 4 500000 $0 4 500000 296040.14 5 500000 5 500000 259684.33 6 500000 6 500000 227793.27 7 500000 7 500000 199818.66 8 500000 8 500000 175279.53 9 500000 9 500000 153753.97 10 500000 10 500000 134871.90 Net Present Value ($452,539.59) Internal Rate of Return 10.18% 636,210 500000 136,210

Did World War II Make World War III Impossible - 1030 Words

â€Å"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.†-Albert Einstein Fifty-two million souls perished in the storm of World War II. The actions engaged after World War I from the Treaty of Versailles became the ultimate cause of World War II. After World War II, the United States procured countless undertakings to insure that no greater cataclysmic event would propel the people of the world into the grasp of a one-world government. Prior to World War II, no one had the power to destroy mankind. There would be wars unrestricted in terms of weapons used, territory, or combatants involved, but nothing that would lead to mutually assured destruction. However, after World War II†¦show more content†¦This organization was essentially the League of Nations part two except that it was far more influential with the United States as a member. Furthermore, the United Nations is ineffective because it grants permanent members (such as China, Russia, and the United States) veto power in which these nations can rarely come to a decision. In addition, inste ad of leaving our enemies in desolation, the United States not only handed back the seized land but decided to use the Truman Doctrine and Marshall Plan to stabilize and build up the defeated nations with billions of dollars in aid. Another element that changed the prospect of a future World War to come was the development of the nuclear bomb from the Manhattan Project. The atomic bomb can vaporize entire islands and cause third degree burns from over sixty miles away. This new age of advanced weapon technology would be so devastating to human civilization that the survivors of a World War III would be living in a realm where the next war would be fought with sticks and stones. The atomic bomb is the ultimate deterrent to World War III because it provides the world with mutually assured destruction. When president Truman dropped the atomic bomb on Hiroshima and Nagasaki, it demonstrated to the world what the United States was capable of doing. Above all, World War II outlined foreig n policy with policies of Containment andShow MoreRelatedWeapons of World War II Essay1698 Words   |  7 PagesWeapons of World War II Necessity is the mother of all invention, and so it was taught and learned throughout all of World War 2. During World War 2 weaponry had to be upgraded and revised to fit every situation. The engineers of the war had to constantly develop new and better weaponry. Much like the engineers, the generals and officers were required to develop new ways of outsmarting their enemy. Today most everything is computerized for battle situations, and muchRead MoreNuclear Weapons For The Uk936 Words   |  4 Pagesnuclear weapons. Despite no country using them since then, the tention came to a head in the 1980s, with the cold war and britain puttimg in nuclear defence plans. This panic spawned trident, the programme for procurement of nuclear weapons for the uk, and a programe thst is right next door to js. These weapoms are the barrier between us and the war, and they help us to be seen as a world power. So why would we want to get rid of them? While nuclear weapons are unlikely to be used,they still give usRead More1984 Propaganda1571 Words   |  7 Pageswhen an individual uses mass media to create an idealized and heroic public image. 1) I. â€Å"WAR IS PEACE† â€Å"FREEDOM IS SLAVERY† â€Å"IGNORANCE IS STRENGTH†. (Orwell 4). II. â€Å"As usual, the face of Emmanuel Goldstein, the Enemy of the People, had flashed onto the screen. There were hisses here and there among the audience. The little sandy-haired woman gave a squeak of mingled fear and disgust†. (Orwell 11). III. â€Å"BIG BROTHER IS WATCHING YOU† (Orwell 2). IV. â€Å"We do not merely destroy our enemies; we changeRead MoreHarry Truman, The President Of The United States1334 Words   |  6 Pagesdestruction of the enemy.† This quote shows how the president was caring. He was a great man and is able to do many things such as ending World War II and he has also used the world most powerful weapon, the atomic bomb. Harry Truman, the 33rd president of the United States, has made many accomplishments, and that’s why he learned and adapted to how his work was done. II. Early Years and Education Harry S. Truman was born in Lamar, Missouri on May 8, 1884. He and his two siblings, the boy, Vivian, andRead MoreThe Beginning of the Cold War Essay1057 Words   |  5 PagesStates. Lack of agreement and compromise with the Soviet Union about the agreement of Germany led to the beginning of the Cold War. U.S and USSR became focus in an Arms Race to have the greatest nuclear capability. This lead to the Space Race where another heated competition to whoever get to the moon first and to have the best space technology. Focusing to the whole world U.S reasoned that if one country came under the influence of communism, then the surrounding countries would follow in a dominoRead MoreThe World s Largest Trading Trade Agreement ( Nafta ) Essay1641 Words   |  7 Pages) The USA as Unipolar state : The US after the Cold War, became the unipolar power in the world. The unipolar system possesses only one great power with no competition. If a competitor emerges, the system can no longer be called unipolar. With the end of the Cold War, US emerged as the Unipolar superpower which also ended the traditional â€Å"East vs West’’ conflict. The longest economic expansion in modern U.S. history was seen after the cold war, in the 1990s. Originating in US defense networks, theRead More Defining Success in the War on Terrorism Essay1551 Words   |  7 PagesDefining Success in the War on Terrorism In pursuing its war on terrorism, the Bush administration faces daunting military and diplomatic challenges. But need it also worry about mobilizing public support? With the latest polls showing the public giving the president 90 percent approval ratings and endorsing the use of force at the same level, could the White House possibly hope for any more backing from the American people?    President Bush seems to think so. Every speech he givesRead MoreAmerica’s Democracy Intervention Mystery, Cuba and You1475 Words   |  6 Pagesgargantuan things, like government, sometimes change seems impossible. Though America has made it happen before. Anerica should continue spreading democracy. From Kosovo to Japan, the country changed a solid government! In Columbia, they took advantage of their troubles to make their government more fair. Sadly though, governemt changing is not always sparkles and rainbows. They have failed multiple times with consequences that may cause WWW III. In Cuba, America tried and they went communist, and nowRead MoreAssess the Extent to Which Archaeological Evidence Uncovered by Heinrich Schliemann Supports Homer’s Existence of Troy.1367 Words   |  6 PagesHomer’s Iliad is a powerful, beautiful, and awe-inspiring work of ancient Greece. An epic poem and a classic of world literature, the Iliad recounts portions of the war be tween Greece and the city-state of Troy. Most entrancing are his vivid wonderful descriptions of the Great City of Troy and illustrious recounts of the events that took place on this ancient site. It is not a surprise that the 19th century German archaeologist or arguably treasure hunter, Heinrich Schliemann was spellbound toRead MoreIs The Cold War Really Over?1430 Words   |  6 PagesDanny Le Mr. Frey AP US Govt. 15 Nov. 2014 Is the Cold War Really Over? Many Americans have controversies whether the Cold War is over or not. The Cold War era began with ideological battles in the West and East. Political tensions and events are growing in the current conflicts in the Middle East and varied countries. The term â€Å"cold war† has rose again as new conflicts emerged from the Cold War era. After the prolong conflict between the West and East, the two sides continued their movement to

Human Stories Value

Question: Discuss the evidence he uses to support his argument? Give specific examples. Discuss the value of the human stories Mooney uses to develop his argument. Do you think Mooney's use of these stories helps to support his argument, or do they weaken his argument? Why/why not? Answer: Introduction: Mooney has been verified as an accommodation, although once he was a really vociferous skeptic. At that point, alongside Matt Nesbit, he found "confining," and chose that alongside the National Center for Science Education, the National Academies of Science, and other accommodations masses that you couldn't offer development of the American open on the off chance that you either touted skepticism or faulted creationism for religion. (Fussell Anderson, 1988) No, we should no matter what abstain from raising the temper of the devoted, for they are as meager kids: on the off chance that they sense that their confidence is assaulted, they turn out to be totally vaccinated to Darwin. (Grasso, Rahwan, Reed Simari, 2010) Human Stories Mooney Uses to Develop His Argument Obviously creationism is one of the littlest issues made by religion, and at any rate in the event that we truly need creationism out of our schools and our nation, we should first debilitate the hold of those religions that reject Darwinism. Although Mooney restricts advancement and religion in his title, he will assert that they're still good. Furthermore, he's not proposing in that title that faith in God advances dismissal of development, despite the fact that that is the truth, a certainty one can gather from Mooney's examination. What he's recommending is, truth be told, that people have hard-wired mental attributes that keep them from tolerating developing. Despite the fact that it's not a fortuitous event that large portions of these components are those that advance religion, Mooney doesn't stress that conclusion.(Mortensen, 1982) Mooney's Use of Stories Helps to Support His Argument Mooney demonstrates that Right wing about history, financial aspects, science, and so on are not just individual oversights, yet rather untruths are rational frameworks of distortions that are intended to serve individual mental needs and additionally particular political and religious purposes. (Provis, 2004) Really, Mooney is guaranteeing that we all do that, however, he tries to demonstrate that Republicans are more shocking at it than liberals. Mooney concedes that large portions of these are great attributes, yet cautions that they still must be taken after with alert. The system of beginning with what you need to trust, then discovers legitimization for those convictions without a decent arrangement of addressing and a decent arrangement of uncertainty is a dangerous thing to do. (Reed Rowe, 2005)Republicans tend not to regard this notice, while liberals, being offspring of the Enlightenment, or at any rate to some degree better at it. One critical inquiry regarding the Republican party is whether there is any sizable gathering of Republicans who don't fit Mooney's meaning of unbending, dictator, and stubborn. Also, whether that gathering is sufficiently vast to impact the course of the Republican Party, its voters, and its legislators. If not, and since shaping an outsider in the U.S., which hosts systematized the two-gathering framework, appears to be inconceivable, we may be screwed over thanks to a useless two-gathering framework for quite a while. (Reed Wells, 2007) It's impossible that you would get a sufficient sizable number to make it a practical political gathering in the U.S. what's more, Since the radicals have more impact in essential and preparatory decisions, it's impossible that direct Republicans would be given moderate lawmakers to vote in favor of, and As a result of existing organizations and standardized principles, there is little any desire for breathing life and practicality into such other or chip party. (Swoyer Walton, 2001) Why are Mooney's cases that there are physiological and physical contrasts between traditionalist brains and liberal brains so vital? Since, if those distinctions are physical, then those distinctions can be acquired. What's more, if acquired, it's feasible that they are not learned or gained. Also, if that is genuine, then the probability that they can be modified is low, which ought to guide liberals endeavor to impact preservationists. Citing David Brooks in the aforementioned article: "It's likely useless to attempt to change current Republicans." These are, all things considered, bedrock standards with "profound memorable and mental roots", regardless of the possibility that you don't acknowledge Mooney's contention that they are inserted in physiological mind structures. (Wells Reed, 2008) One critical new condition is that preservationists and liberals and every one of us have media outlets that we can, and normally do swing to that strengthen and backing what we effectively need to accept. That is prone to increment later on, and it makes this issue all the more hard to explain. This is not an adjusted change those who get their news from Fox news are more misled. Maybe an easier method to review the majority of this is to say that convictions are "sticky". They're difficult to change for a mixed bag of reasons: we're protective about being demonstrated to not be right; after time, our lives are each composed around those convictions in different ways, so that transforming them would be troublesome; and as Mooney contends, there are likely physiological structures behind those convictions, structures that would be hard if not difficult to change. What to do: Be more moderate in the feeling of being all the more firm at indicating and talking about reality, investigative truth, and so forth. Create an option story and stay with it. Stop trusting or tolerating that the two sides are equivalent, and act as needs be. One perspective that Mooney does not consider finally, and maybe that he ought not, is the likelihood that positions held by people on a few issues are not planned to be discerning as in those holding these positions hope to give contemplated contentions in backing of them, whether are motivated thinking or generally. Essentially, a few positions held by a few people are ridiculous and contenting. It's not simple, as Mooney contends, that contemplated contention are not compelling on the grounds that they are countered with propelled thinking; it's that the reaction demonstrates an absence of enthusiasm for giving an answer or reasons by any means. (Fussell Anderson, 1988) Conclusion Mooney prescribes those liberals "locate some key certainties, the best truths, and coordinate them into stories that move individuals". Truly, what sort of stories does he think may move somebody who trusts that fetus removal is homicide or somebody who trusts that creationism is genuine in light of the fact that it is expected to look after her/his vital religious convictions or somebody who feels that weapon possession ought not be limited in view of his reasons for alarm of an oppressive government? Perhaps, those stories, adequate and if told frequently enough by enough individuals, may have some sort of continuous, directing impact. (Mortensen, 1982) References Fussell, E., Anderson, C. (1988). Style as Argument: Contemporary American Nonfiction.American Literature,60(1), 154. Grasso, F., Rahwan, I., Reed, C., Simari, G. (2010). Introducing Argument Computation.Argument Computation,1(1), 1-5. Mortensen, C. (1982). A Mistaken Argument.The Philosophical Quarterly,32(129), 358. Provis, C. (2004). Negotiation, Persuasion and Argument.Argumentation,18(1), 95-112. Reed, C., Rowe, G. (2005). Translating Toulmin Diagrams: Theory Neutrality in Argument Representation. Argumentation, 19(3), 267-286. Reed, C., Wells, S. (2007). Dialogical Argument as an Interface to Complex Debates. IEEE Intell. Syst., 22(6), 60-65. Swoyer, C., Walton, D. (2001). The New Dialectic: Conversational Contexts of Argument. The Philosophical Review, 110(2), 291. Wells, S., Reed, C. (2008). Using dialogical argument as an interface to complex debates. IEEE Potentials, 27(5), 26-30.