This is to certify that the dissertation entitled “Gaining Strategic Advantage through Customer Value”, presented by me to the University of South Africa for the award of the degree of Master of Business Leadership is a bona fide record of research work which was carried out by me under the supervision of Dr Sidney Shipham. The contents of this dissertation in full or in parts have never been submitted to any other Institution of higher learning for the award of Continue reading...
Value College Essays Samples For Students
Gaining Strategic Advantage Through Customer Value Essay
Time Value Of Money Essay Example
Time value of money is an important concept of finance and financial management. It has been said that the present consumption reveals more value than a future consumption and it is because of the fact that consumers have two options; either to consume it right away or forego it to avail it in future by investing the present amount (Houston, and Brigham, 2009).
This report defines and highlights the importance of time value of money and also discusses the importance of time value of money for the financial managers. The report also calculates present value of money as Continue reading...
Net Present Value Approach Essay Examples
Part A: Net Present Value calculation
Working capital will be regarded as the initial investment outlay which is £ 1 million. Discount rate used in calculating the net present value of the project is 7%. The internal rate of return will be hypothetically obtained with the aim of obtaining the break-even situation of the project.
All costs and expenses are treated as cash outflows which will reduce the cash inflow in the project i.e. the project’s sales revenue. The cash outflows from the entire project will be deducted from the project’s inflows so as to determine the returns Continue reading...
Essay On Relevance Of Fair Of Value In The Contemporary World
International Financial Accounting Standard 13
International Financial Accounting Standard 13
It is without a doubt that the fair value accounting faces numerous reproaches resulting to the never ending debate about its applicability as well as effectiveness. Although un-common, the issue of fair value accounting has been taken over by the political observers, as well as politicians themselves, business front-runners, and the professional associates. Such a move would be attributed to its significance in the current market of recent times. Because of the notion that the knowledge of the market plays a significant role in the success or failure of a company, it was imperative Continue reading...
Free Essay About Time Value Of Money
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The concept of corporate finance lies in time value of money and is often regarded as the foundation of the corporate strategy as well as the financial management. The concept of net present value is applied in a number of financial decisions and the time value of money is dependent on the same principle. Therefore, this paper will be focused on the importance of the time value of money based on the concept of net present value. This concept is clarified by using the example of bond valuation as mentioned in the question. However, this paper Continue reading...
Residual Method Is Based On This Equation Essay Examples
Appraisal is the process of valuing the real value of properties, and in most cases the value that is sought is the property Market value. Appraisal is important because most properties differ from each other in the place they are located and this is considered as an important factor in value determination. Appraisers are needed as advisers on the property value, and in most cases they provide written reports on the value. The most used approaches in development appraisal are discount cash flow and residual method.
Residual method is used to calculate the value of a site with development, Continue reading...
Lean Manufacturing Questions. Essay Sample
Value Added vs. Non-value added smartphone features from a consumer perspective.
In lean manufacturing, value-added features or activities are those that physically alter the character of the shape of an assembly or product. Non-value added features are those that do not change an assembly or product and are therefore referred to as waste. However, even this simple definition falls short in some areas such as precision machining and polishing of surfaces that will not be seen by the consumers or adding features to a product that are non-essential, and even most times, a nuisance as will be Continue reading...
Essay On Managing Innovation Entrepreneurship
“Innovation is the same as technological advances.” Use course readings and at least two case examples to support your answer.
The answer of this question basically comprises a novice perceptive about the about the associates between economic development, entrepreneurship and modernization. The solution gives a new concept about the task that entrepreneurship does with reverence to technological amendment and improvement and to compare it with the predictable perception. Straight to the words technological advancement is the second name of innovation.
Innovation is the only thing which is important in driving entrepreneurship and also supports small businesses. Only innovative Continue reading...
Free Tvm Applications Essay Example
Time Value of Money is an important concept in the world of finance. As per the principle, the value of money received today is more than the same amount of money to be received in some future date. In other words, as per the principle of Time Value of Money, money carries the power to earn interest. Thus, any amount of money is worth more the sooner it is received. For Instance, $100 invested at 10% rate of interest for 1 year will be $110 after the end of year. Similarly, if $100 is received after 1 year, this Continue reading...
Example Of Essay On Mckenson Expects A 25% Margin. So He Sells The Device To The Therapist At $600
This means that the bought the device at:
($600- cost)/ $600 = 0.25
Cost = 450
The device was sold at $450 to McKenson.
Using markup formula 33% markup
Cost = $300
Distributor 25% margin
Using the margin formula
($300-cost)/ 300 = 0.25
300-cost = 300*0.25
Cost = $225
Using margin formula
($225- Cost)/ $225 = 0.5
Cost = 225-112.50
Cost = $112.5
The Usefulness of Distributors
Distributors are very important in a supply chain. Finding the right distributor is always a plus to the supply chain system. The following are reason as to why the company must make keep the distributors.
First it Continue reading...
Value And Risk Management In Construction Projects Essay
The construction industry plays a significant role in economic growth; it is hence necessary to put in place measures and strategies to ensure the growth of this sector. Risk and value management are two approaches that are used to mitigate risk and add substantive value to such projects in an attempt to increase success of construction projects. This proposal calls for research on how the two approaches can be integrated to help promote growth in construction projects. The research seeks to achieve this objective by using both secondary and primary data. Secondary data will be collected from available literature Continue reading...
Porter's Five Forces Model Essay Example
The requirements of the complex and dynamic environment in which companies operate has made it empirical to understand the strategic issues which face organizations today so that they can develop sustainability and long term success for themselves. It has become important for strategic managers to develop their organizational goals and strategies in such a manner that the company is able to create competitive advantages and position itself effectively within the industry that it is operating (Kotler, 2009).A number of strategic tools are present that can be used by companies today such as Porter’s Five Forces Model, Value Continue reading...
Order ID: 209917130 Essays Example
Academic level: Professional
Paper Format: MLA
Final Research Paper
Academic level: Professional
Paper Format: MLA
Part I Student XYZ
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1. Ibn Khaldun in his work The Muqaddimah has as a central organizing principle for society. His concept of Asabiyyah, or social cohesion, refers to the social bonds that form as a result of divisions of labor. Explain how this principle is derived from this “division of labor.”
Prolegomena is a book written by North African Muslim historian, Ibn Khaldun in 1377 which records an early view of universal history. Called “Muqaddimah” the Continue reading...
Marketing Products And Services In A Dynamic Environment Essays Example
The business environment has undergone tremendous change with the increase in the globalization and technological development that have given birth to global organizations. The customers are better informed and more powerful as they have plenty of choices at their disposal and therefore customer loyalty is lower than what it was in earlier times. The customers demand high quality products that offer innovative features and utilities. It has become a challenging task for marketers to devise innovative strategies that are aimed at satisfying the needs and the demands of the global customers and also ensure that the future products and Continue reading...
Free Essay On Concepts And Methods Of Depreciation
An analysis of tax benefits with different depreciation methods
An operational asset of the company starts to lose value as soon as it is purchased. This reduction in value can be termed as ‘depreciation’. This decrease in the value of an asset occurs due to usage, passage of time, wear and tear, technological out dating or obsolescence, depletion, inadequacy, decay etc. Different assets are acquired at a certain value and they depreciate over time. The annual loss in the value of any asset on account of its depreciation can be calculated using different methods (discussed in the essay). Every method has a different effect on the tax Continue reading...
Essay On Innovation Exam Paper
Table of Contents
Q1 Innovation is the same as technological advances
Q2. Value Innovation Concept
Graph1: Formulation of an organization’s innovation strategy and a Value Curve illustration
Q4. Example of an innovation learnt this semester
Q1 Innovation is the same as technological advances
Innovation is the same as technological advances as innovations mean technological improvement. Many systems both basic and complex have been developed through highly intelligent innovations (Trot 1998). These systems that have been developed have helped in connecting people, ideas and objects. The invention of Continue reading...
Impairments And Provisions Essay
Impairment of Assets and Goodwill
2(a) Why should asset impairment losses be accounted for in IFRS financial statements? Analyze the different circumstances that could indicate that an entity's assets may have been impaired.
Impairment of an asset occurs when the carrying value exceeds the actual recoverable amount of the asset (Norton, Diamond and Pagach, 2006, pp. 418). The carrying amount which is the amount reflected in the balance sheet is the original amount less the accumulated depreciation and impairment losses to date. The recoverable amount on the other hand refers to the amount that is Continue reading...
Example Of Advanced Financial Management Essay
The current paper is devoted to studying of two financial valuation approaches and consists of two parts. The first part contains a description of Adjusted Present Value (APV) as valuation method and its advantages over other valuation methods. Computation of APV of the Top Plc Company was provided.
The second part of the paper is devoted to the description of Black-Scholes Model, its practical application and limitations on the example of House4You Company. Continue reading...
Cost Of University Education Essay
An essay is a structured piece of writing containing the ideas or findings of an individual on an issue. Before writing an essay, one requires to make a draft of the main ideas to include in the essay. This makes the essay easier to write since it will follow a certain order. An essay must have a key idea that the write would like the reader to understand. The key ideas should be in a clear manner that the reader will be able to follow. It should focus on only those points that are relevant to Continue reading...
Free Lab 1: Heating Value Measurements: Solid And Liquid Fuels With A Bomb Calorimeter Essay Sample
1.0 Lab 1: Heating Value Measurements: Solid and Liquid Fuels with a Bomb Calorimeter
Measurements of heating values can be derived for both solid and liquid combustible fuels using an Oxygen Bomb Calorimeter. The calorimeter measures heat. Heat is not the same thing as temperature. The heat of combustion is called the calorific value. The calorific value is “:the number of heat units liberated by a unit mass of a sample when burned with oxygen in an enclosure of constant volume” (Introduction 2007). The experiment uses the 6100 Bomb Calorimeter. The definition of calorific value in a Continue reading...
Changes In Accounting For Financial Instruments Essay
Financial instrument can be defined as any form of contract leading to a financial asset rise on one entity and a subsequent financial liability on another entity or an equity instrument. Financial assets means things like cash, other entities equity instruments, contractual rights to obtain cash or other form of financial asset of other entities, and rights for exchanging financial assets or liabilities with favorable conditions for the entity. On the other hand, financial liabilities involve things like contractual obligation to send cash or other financial assets to other entities, and under the obligation for exchanging Continue reading...
Good Essay On The Value Chain
The value chain concept is an important factor that is required within the healthcare environment in order to optimize service delivery. Thus supply chain momentum is hugely influenced by effective resource monitoring and utilization due to the core prospects of cost saving implications. Various economists attached the value chain concept on the entire production chain, ranging from the input of raw materials to the output of the final product consumed by the end-users. The benchmark reflected under this concept aims at exploring the various stages that the production process involves, within the operations of an organization.
There are various Continue reading...
Misconception Concerning Setting Value Essay Examples
The economy has plummeted over recent years. Managers, business bureaucrats, and even retailers need to keep on finding new ways to keep their businesses alive. Consumer behaviour has greatly changed due to unforeseeable economic trends. This has seen the concept of value coming into play. Hard economic times call for stringent measures. Economists have stressed the importance of understanding the true meaning of value and the relationship between consumer and products value. Consumers trust value when judging the quality of a product. This calls for better quality management options when pricing a products real value. Different commodities have different Continue reading...
Example Of When Is A New Thing A Good Thing Essay
Arguably, a new thing is defined as a good thing after undergoing product form design, technological changes, as well as perceptions of value for product innovation. Value-creating potentiality of various products adds value due to increment of technological novelty. Furthermore, its value and usefulness are in most cases socially constructed. As a matter of fact, embodying technologies of novelty are always aimed at triggering emotional and cognitive response. Such objects embodying has various characteristics, which include aesthetic, functional and symbolic properties. An emotional and cognitive response on a product underlines preliminary perception of theorizing and valuing. Certainly, innovating firms Continue reading...
Good Example Of Behavioural Finance Essay
Monetary theory focuses on the functions, uses and management of money. The approaches to money go back as far as Plato and Aristotle. Aristotle focused primarily on money as a medium of exchange but later stated that money needed to be something with intrinsic value. He suggested that money should be something metallic and rare. As a result, Aristotle may be classified as a “metallist.” Plato’s conceptions of money differed from Aristotle’s because he introduced a credit component in the monetary theory. Schumpeter, a monetary historian, classifies Plato as a “Cartalist.” Karl Marx had strong conceptions on Continue reading...
Free Essay About Residual Income Model
Residual Income Model
In general, the residual income model makes no assumptions relating to the future earnings and earnings growth. However, if we assume a constant growth and dividend growth, a residual income model can be derived that efficiently illustrates the fundamental drivers of the residual income. Thus, under such assumptions, a fundamental based equation for justified Price/Book Value which can be derived will be:
Po/Bo= 1+ (ROE- g)/(r-g)
Interestingly, since the justified price is equivalent to stock’s intrinsic value, we can re-arrange the above equation to find the intrinsic value of the stock. For Instance, since Po= Vo, Continue reading...
Present Value Essays Examples
This report is about the evaluation of an attractiveness of one project of Wall-Mart using different methodologies and measures taking into account different theories. The main purpose of this investigation is determination of the advantages and disadvantages of the different methods and it is necessary to make a decision about investment in this Wall-Mart project using all computed values.
Present value is a parameter which reflects the present value of future cash flows that have been discounted. To calculate a present value it necessary to use the following formula:
where n is number of periods,
r Continue reading...
Example Of Financial Management Essay
Part A: Future values of cash flows at the end of the seventh year at different rates
Section a: 6% interest rate
The first rate that has been used is 6%. In the first year, the amount is $ 15,000. Since these amounts are received at the end of each year, the interest is gained during the following year. The formula for future value is; FV = A (1+r) ^ n. In this formula, FV is the future of the annuity; A is the annuity itself while r is the interest rate. On the other hand, n represents the time. In the first instance the future value for $ 15,000 in the entire period will be $ 15, Continue reading...
Media Determinism Theory Essay
A marketplace of ideas can be defined as freedom granted to individuals to express their views, under the umbrella of liberty. It is rising beyond the analogy of economic barriers and other legislative restrictions in order to make known one’s ideas. The concept is said to influence truth and accountability, since it generates a competitive environment whence perceptions and personal ideologies can be expressed.
The concept is however not ideally viable, due to the countless constraints that are present at any one given place and time. The nature of the marketplace of ideas has been marred by commercial Continue reading...
Lease Accounting Essays Examples
A lease is a lawful document, which outlines the stipulations under which a certain party agrees to rent the property from the other party. Therefore, a lease is a contractual agreement that calls the lessee (the renter) to pay the lessor (the property owner) for the use of an asset. Both the US-GAAP and International Accounting Standards (IAS) affect the regulations for leasing contracts balancing process. IAS 17.3 defines it as an agreement, which expresses the right to use plant, equipment, or property, typically for a specific period, in exchange for the cash payments. The lawful property possessor is Continue reading...
Free Essay On Marxs Theory Of Money
Money may be one of the most common things on earth, it may have been just a piece of printed paper, but for Karl Marx money is more than just what it seems to be, more than just piles of minted coins gold, silver of nickel or printed paper. There is something in money that moves the world in many ways and that is what the subject of Marx's theory of money is all about. Money is the foundation of every civilization's growth and prosperity, the mere basis of direction for a nation to either go collapse or dominate. Continue reading...
Example Of Essay On Diamond-Water Paradox [2 Pages]
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The Diamond-Water Paradox first appeared in Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations (30) to illustrate the irony of value as seen by consumers and traders. It since became a classic analogical centerpiece among subsequent economists to explain their respective theories of value. This essay gives a snapshot of Smith’s original description of the paradox, followed by David Ricardo and Eugen von Bohm-Bawerk.
Adam Smith’s ‘Paradox of Value
So goes the ‘Diamond-Water Paradox’: “Nothing is more useful than water; but will purchase scarce anything; scarce anything can be Continue reading...
Hospital Acquired Condition And SSI Essay
Value Based Purchasing – Surgical Site Infection
Value based purchasing is fast becoming popular among the US medical service providers. As value based purchasing provides incentives for better quality delivery, it seems that in the long run, the overall quality of service will go up. The majority of this improvement will happen in the areas of preventive measures. Hospital acquired condition is something that can be significantly reduced by the implementation of the benchmark preventive measure system. Surgical site infection (SSI) is one of the major contributors to HAC, accounting for a substantial number of illnesses, hundreds of thousands of death cases, and billions of Continue reading...
Strategic Management: Case Study Of IKEA Value Chain Essay Examples
Strategic Management: Case Study of the IKEA Value Chain
A company creates value when it delivers valuable services or goods that meet the customers’ expectation. To this end, the company inputs pass through a chain of activities where value is added on each stage. This chain is the company’s value chain and is based on; research & development, product design, production, sales & marketing, distribution, and customer service. Started in the 1940s, IKEA has risen from a Swedish home furnishing company to a global furniture company with operations in over 36 countries. IKEA’s vision is to make everyday life better for many people by offering quality and affordable Continue reading...
Example Of Essay On Real Estate Commissions
The real estate industry is a critical part of any economy, and the performance of the real estate market usually gives a glimpse on the performance of the economy as a whole. In the real estate industry, there are many players, ranging from huge commercial banks which provide financing for purchases of homes and properties to the real estate agents who are involved in the process of finding suitable buyers for the properties which are offered for sale. The relationship between sellers of properties and real estate agents is an essential one that thrives on mutual benefit from the Continue reading...
Essay On Apple Ipad 2
Delivering Value through the Marketing Mix (4Ps)
In January 2010, Apple Inc. introduced the iPad, a multi-purpose portable gadget for reading and sending email, viewing photos, browsing the web, watching videos, playing games, listen to music, reading e-books, and among other functionalities (Apple, 2011). This product was developed using Apple’s Multi-Touch technology that uses a simple interactive interface to enable customers to connect with their applications and content. With the iPad, customers are capable of accessing the iTunes Store whereby they can download video and audio files, in addition to thousands of other varieties of digital content and applications. Other than the Continue reading...
Essay On Present Value And Future Value
a) Both, Present Value and Future Value are related to the process of compounding. Future value refers to the nominal amount to which a current deposit will grow over time when it is placed in an account paying compound interest. In other words, future value is the present value compounded over the years through compounding process. On the other hand, Present Value is the current or value of a given series of payment on a given date. In fact, present value is calculated by discounting the future value through a process called discounting, where an appropriate discounting factor is Continue reading...
Private Financial Investment Essay Examples
An Investigation in Private financial initiative (PFI) dilemma
The fundamental concept of Private financial initiative (PFI) is to create a partnership between public and private sector by financing public projects via private sector capital. In this practice, after founding public project by private sector, project leased back over a certain period of time to public sector (government), and private sector provides set of services associated with project such as maintenance.
PFI initially introduced by British Conservative government in 1992 to found the modernization project of Britain public infrastructure such as roads, schools and hospitals. Nowadays, PFI practiced by several governments in different countries (e.g. United Kingdom, Continue reading...
Capital Budgeting Methods Essay
There are different methods used in capital budgeting. They include the net present value, profitability index, internal rate of return and payback period. This research paper will evaluate the differences that exist between these methods basing the argument on the strengths and weaknesses of these methods.
The net present value method is used to determine whether a certain project should be invested or not. It is obtained by summing the present value of the future cashflows of a project. On the other hand, profitability compares the present value of the future cashflows to the initial capital outlay of a Continue reading...
Essay On Research Methods For Human Inquiry
The Data from Amsterlaw & Wellman (2006) being studied in Psyc20008 Developmental Psychology
(a) Contingency Table
Figure 1: The Contingency Table
Type of Explanation
a = 9
b = 5
a + b = 14
c = 3
d = 10
c + d = 12
a + b = 11
b + d = 15
a + b + c + d = 26
(b) Observed Chi-Square Test Statistics
Using the formula x2 = (ad – bc)2 (a + b +c) / (a + b)(c + d)(b + d(a + c)
Chi-Square (x2) =26[(9)(10) - (5)(3)]2 / (14)(12)(15)(11) = 0.0858
The percentage Derivation is got by the formula:
(c) The Odds of Giving a Desire Explanation for Continue reading...