Financial Analysis - residual earnings Essay Example | Topics and Well Written Essays - 250 words

Financial Analysis - residual earnings - Essay Example Pinto (2010) explains that one of the drivers of residual earnings is book value growth. Residual earnings depend on the growth in the value of the invested assets in the business. When investment is made in a business, the invested resources then start to produce earnings. With a well growing business, the investments will produce more earnings which then lead to the increased book value of the capital beyond the expected returns (Wahlen, et al 2010). This then delivers the residual earnings. Return on common equity also is a driver of residual returns. The general returns that a business earns excess of the shareholders equity is what defines the residual earnings (Easton, 2009). When these returns therefore exceed the returns on capital that the business set to achieve, it delivers residual earnings. However, critical analysis shows that return on capital is the same as residual earnings. Diebold, F. X., Doherty, N. A., & Herring, R. 2012. The known, the unknown, and the unknowable in financial risk management: Measurement and theory advancing practice. Princeton, N.J: Princeton University

Information System project interpersonal skills Essay

Information System project interpersonal skills - Essay Example The real-world IT organization, when a manager trying to make a deference in approach with the expectation of much better end result, is likely to cause numerous challenges which a hybrid manager will negotiate. The challenges one might face are seen in many contemporary organisations. Finally, the strategies in which a hybrid manager, who can think in terms of technological issues at the same time human issues, might address these problems are discussed. Keen observation and indented studies make marks in today's corporate world. The present day development has brought business from a point where relationships often grew out of business deals to a deferent point where relation ships usually grow out of business deals. Information system and information technology have become the most important factors for the economy in both developed and developing world. The beginning of the twenty first century has also witnessed a change of thinking and in creating and providing value in the business approach. Information system in an organisation mostly provides connection and information between employees, customers and suppliers. At the same time information system protects the sensitive data as required by the organization and law of the land. In the new found organizational scenario information gathered and shared seems to be indispensable. Patching and Chatam (2000, pp 6) describe this organizational development has a nature of technophili a manifested on it, (an attitude which will appear in the near future as 'not to surf the net will be a terrible loss of opportunity)' by which, most of the times the much needed human touch is lost. Data and information are among an organisation's greatest assets (Klein 1998). What enables people with in an organization to develop the ability to collect information and share what they know What leads to improve the action and out come of an organization Where does the support and motivation for persistent learning through out all levels of an organization come from Xu and Al-Hakim (2002) found that while IT professionals had more confidence on the newer technology, business professionals were more concerned about the human related factors. Even when the IT professionals discussed organisational problems they seemed to be more system oriented. At the same time, the business professionals showed a wider perspective and understanding on discussing the system related issues based on the technological advancements. They focused on the human perspective believing that people's understanding of systems would impact on the quality of the information. Communication within an organization was perceived by the professionals as indispensable in building team work and personal competency. The team work and personal competency are, in fact, two factors which need to be built upon the foundation of Inter-personal skills. Over the years, we have taught and mentored project managers and then monitored their projects. We discovered that too many project managers focus so much energy on using the technical skills that they overlook what successful project managers know to be true - there is a human side to projects (Filler and Harris

Cultural and Feminist Perspectives Essay Example | Topics and Well Written Essays - 1250 words

Cultural and Feminist Perspectives - Essay Example rmation Age, where the barriers to communication have dissolved in the realm of the internet, the need for a common approach as to what constitutes ethical behavior cannot be disputed. The three most important ideas, which are relevant to any debate on a common ethical framework for humanity, are the failure of faith as a criterion for ethics, the need to avoid the imposition of one particular system as the universal answer, and the absolute necessity for a global definition of ethics, which incorporates various perspectives. When faith, or religion, is adopted as the foundation of ethical belief, it can only lead to dissension. All religious views of values and ideals are obviously based on the divine authority and revelations particular to a certain religion. Any religious justification of ethics can belong only to one particular faith, as each religion has its own unique perspective of the individual and his relationship with the world. It would be difficult to reconcile all religions. For example, the Buddhist view of the personal self as a delusion is completely opposed to the Judeo-Christian emphasis on individualism. Likewise, the Eastern faiths are to a large extent mystical, in contrast to the realism of the Western religions. The holistic, cyclic oriental perspective is again totally different from the dualistic, linear approach of the West. Religions advocate absolute truths. When each faith proposes its own absolute truth, it is obvious that religion cannot be an acceptable basis for ethics. The irreconcilable differences in the world religions make it evident that faith-based ethics can only serve as a personal guide to ideals. They cannot be accepted as a universal framework for humanity. Religious fundamentalism is the most blatant origin of discord and violence today, and warns us that any religious basis of ethics is impossible. Morality, based on religion, can only lead to war. At the same time, faith is obviously one of the most powerful

Competencies questions answers grammar correcting Essay

Competencies questions answers grammar correcting - Essay Example Throughout this role I have gained sound organization, time management, leadership attributes, communication compactness and self motivation experience. The same reflect on a number of key achievements: Maintaining a comprehensive knowledge and understanding of the latest products and services available, regularly analyzing and cross referencing current products and services available in order to establish suitability Maximizing sales by not just effectively identifying customers’ individual requirements and subsequently offering viable product and service solutions, but also through the identification and escalation of cross selling opportunities Self motivation – apart from my academic studies at the university, I learnt Japanese as my fourth language which clearly shows that I am a self-motivated person. This enables me to use my self-motivation to balance my work, study and social life in the future which will work towards a professional qualification Strong analysis – I have strong analytical skills – not just through economic and finance studies, but also working on my dissertation that involved extensive research, data collection, model hypothesis, data analysis and results’ interpretation which developed excellent time management and organization skills within my repertoire Teamwork – I also have excellent teamwork consciousness which was acquired from not just academic history, but also from past employments through effectively participating in group works and working hand in hand with the colleagues towards the common goals Hewitt operates in a highly competitive financial service industry which has successes that rely on the supereminence of individuals and team performance. Therefore, my key strengths are valuable intangible assets for Hewitt At the age of 23, in the year 2006 when I had just

Race, culture and identity ( social policy and criminology) Essay

Race, culture and identity ( social policy and criminology) - Essay Example As Song (2001, p.58) suggests, this kind of grouping not only designates racial groups to a specific role in the society, but it also puts the minor groups into the shadow and subordination to the so-called â€Å"major† ethnic groups. Relatively, this racial and ethnic positioning also puts the â€Å"other† race into confusion as they become burdened by the nature of their identity. Racism, as a social problem, needs to be remedied to help the marginalised race overcome the barriers of color (A. Smedely and B. Smedley, 2005, p.16). In this way, people will be able to understand ethnic and racial identities as well as appreciate the significance of cultural diversity today (Frable, 1997, pp.142-143). Considering these ideas, this paper draws on scholarly articles to discuss the intertwining concepts of race, ethnicity, and identity. Specifically, this paper aims to discuss those concepts in relation to the â€Å"Black† subject. The Black subject stems from issues related to race, ethnicity, and identity. As Blacks and those who are considered non-white continue to suffer from racial and ethnic tensions worldwide, issues on race, ethnicity, and identity will continue to prevail in the society. Considering this situation, it can be said that studying these concepts would enable people to understand the nature of the Black subject, and the reason why it came into being. Before discussing the origin of the Black subject, it is essential to understand the concepts of race, ethnicity, and identity. These three concepts interrelate in a way that people use those to identify and differentiate themselves. The concept of identity, in the words of Brubaker and Cooper (2000, p.7), refers to three things: 1) product of socio-political action, 2) self-hood, and 3) group category. All these three aspects apply in the context of the Black subject. Black, as a group category,

Group protective rights in international law Essay

Group protective rights in international law - Essay Example Explain, giving an example. Group protective rights in international law ensure protection of minorities through minority specific individual rights whereas majority is treated as legal subjects and bearers of group rights. By bringing autonomous minorities and indigenous people to the international human rights convention makes the State to waive their right to interfere with their activities on human rights grounds. For example, the American legal orders deal with violations to the human rights by Indian tribes and how the Canadian legal orders deal with human rights violation by Qubec. India attributes universal laws to all Indian citizens and "personal laws", to specific ethnic groups and Muslim minority. A decision in Federal District Court confirms that Unocal could not be held liable because it did not control the Burmese military's actions. "The 9th Circuit Court of Appeals, California Superior Judge Victoria Chaney reversed an earlier Federal District Court decision and will allow a groundbreaking human rights lawsuit against Unocal to go forward. In the Doe v. Unocal case, 11 Burmese villagers allege that Unocal, a California based oil company, can be held liable for human rights abuses associated with its Yadana gas pipeline project in Burma. The abuses include rape, forced labor, and murder". (http://www.mines and communities.org viewed on 12th May, 2009). 4. If an international tribunal finds that there is no applicable national or international law rule to decide the case before it, what should it do If the interpretation of the national law is vague and ambiguous, the international tribunal will adopt the interpretation which it thinks is in conformity with the law of the State. (Text Book on International law, Martin Dixon, 6th edition, p93-94, 2007, published by http://books.google.co.in/booksid ). 5. Compare customary international law rules with rules from international agreements. International law comprises of rules and rationales which rule the relations and dealings of nations with each other. It is concerned with questions of rights between several nations or nations and the citizens or subjects of other nations. Whereas International agreements make law for the parties of the agreement. They might also contribute to the foundation of customary international law with the intention of adhering generally and are widely accepted. (International law: an overview, http://topics.law.cornell.edu/wex/International_law). 6. Trials of former Khmer Rouge leaders for crimes against humanity in Cambodia from the 1970s are finally starting. What is the nature of the court that is hearing these cases The nature of the court is Genocide Tribunal. This court is backed by United Nations. The trial started at Phnom Penh, Cambodia. It started with the trial of Kaing Guek Eav, known as Duch. The court deals with charges of crimes against humanity, torture premeditated murder and breaches of the Geneva conventions. The Khmer Rouge leaders were accused of killing around 1.75 million people through execution, starvation or overwork during 1975-79. Duch faces charges of killing 10000

This assignment allows you to determine the specific details about the Essay

This assignment allows you to determine the specific details about the fictitous company in order to conduct an environmental scan of this company - Essay Example The two owners take care of the managerial aspects of the business, including financial forecasting; accounting and dealing with suppliers and buyers (there are no other salaried employees). Right now the business is facing great competition from rival manufacturers. As the operation is relatively small, producing only 6,000 units of output per month, they cannot enjoy economies of scale that are available to larger manufacturers, these manufacturers also have more clout over their suppliers (or have integrated backward operations) allowing for a lower cost of raw material which translates into lower prices for their customers. Similarly, challenging is the inflow of imported manufacturing parts from economies like China, Japan and Germany which can compete at prices lower than local prices. Government policies enhancing free trade and lowering of trade quotas means that without legislative protection, they have to introduce more efficient and effective ways of processing if the business is to remain afloat. The relative competitiveness in the market along with threat of new (more powerful) entrants will decide whether the business can continue to run or will have to be shut down. With the recession of 2008, the economy took a severe downturn and because of financial security concerns, the banks were reluctant to hand out loans to small businesses. The two partners started their business on self finance and in order to introduce new technology or managerial staff to run their business they will need more resources than they have on hand. Their focus for the past few months has been to form strong relationships with their current customers, including car dealerships, repair shops and the used car market, through strategic marketing and PR platforms. But at the moment they cannot gain customers in the car manufacturing sector as they don’t have the capacity to bring in large orders of