Corporate Finance The Objectives Of Corporate Financial...

Introduction Every decision that a business makes has financial implications, and any decision made which in turn affects the finances of a business is a corporate finance decision. In broad terms, everything that a business does fits under the rubric of corporate finance. Each and every business, whether it be small or large, public or private, must make investment and key financing decisions (Damodaran, 1996). The objective of all businesses in corporate finance is to maximise value within the business. In this paper, aspects of corporate financial planning including the objectives of corporate financial planning, the benefits that arise from its introduction to a business will be outlined in order to give the best strategy to advise this moderately sized but rapidly growing business. Any problems that arise from any practical method of Corporate Financial planning which are introduced will be analysed and solutions to overcome these problems will be discussed. Shareholders’ wealth maxim isation is the primary objective of a company and certain strategies are implemented to achieve this objective and they will be analysed. Financial planning or Budgeting is also key to the success of any business and this will also be looked at in terms of understanding how to consult and improve this privately owned company. Objectives Maximisation of long-term shareholders’ wealth The objective of every business is to maximise its value. The value of the business is determined byShow MoreRelatedBrief Introduction Overview of McGraw Hills 9th Edition of Fundamentals of Corporate Finance655 Words   |  3 PagesReview Fundamentals of Corporate Finance – Ross, Westerfield, Jordan McGraw Hill Education (India), 2012, 878 Pp 9th edition ISBN: 13:978-1-25-9027628 Kumar Ratnesh* About Authors Stephen A. Ross is the Franco Modigliant Professor of Finance Economics at the Sloan School of management, Massachusetts Institute of Technology. Randolph W. Westerfield is Dean Emeritus of the University of Southern California’s Marshall school of Business. Bradford D. Jordan is Professor of Finance Holder of the RichardRead MoreFunctions of Management Paper1472 Words   |  6 Pagesaccomplishing a goal. Management often encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management can also refer to the person or people who perform the act(s) of management. 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The Novel The Song Oceans By Hillsong Essay

â€Å"You call me out upon the waters, The great unknown where feet may fail, And there I find You in the mystery, In oceans deep, My faith will stand.† In the song â€Å"Oceans† by Hillsong, people sing about God calling them out into the great unknown of life. Like in the song, God calls every one of his children in the great unknown of our lives. However, for God, it is not the great unknown. He has a plan for our lives, and he presents our plans to us through callings. First off, when people start to look for their calling, they need to look at their identities. As Christians, we know our identities are in Christ, but do we act like our identities are in Christ. Most of the time, Christians only act out their faiths on Sundays. Go to church, sing in the choir, give a weekly offering, and then leave the Christly identity at the door so they can go caught the Vikings play on the television. I ask you this: is that living out your identity in Christ? While reading the book Vivid: Deepening Your Colors written by Syd Hielema and Aaron Baart, I found a passage that speaks volumes in the way of identity: â€Å"There’s an old legend that when Michelangelo had finished sculpting his masterpiece David, he said, ‘when I began working on this slab of marble, I didn’t see a slab but I saw David waiting inside it, and all I had to do was remove everything that was not David.’ That’s how the Father, Son, and Spirit see us too. In some ways we’re like a slab of marble, and the Father looks

A Debate On Owning A Gun - 1516 Words

Owning a Gun Owning a gun is a highly debated topic in America. There are citizens who believe that only law enforcement and military should own guns. However, other Americans believe that guns are a constitutional right to own arms. Important questions in this debate include: why do Americans own guns, should firearms be allowed to hunt, is the second amendment still important today, and owning a gun is dangerous to people, so why get one? Americans should own guns. If not, the repercussions of unarmed citizens would be devastating to the freedoms of the United States. All of these questions asked are an integral part of the gun debate that has been a part of the American culture since the founding. Yet, guns are necessary tools to†¦show more content†¦American citizens owning guns help keep their liberties from being taken away from them by an intrusive government. Another reason for owning a gun, as an American citizen, is the bonding as a family while hunting. Hunting is a way for fa milies to get away from the stresses of life and electricity, and back to nature. Firearms are an important part of hunting. There are several positive reasons for hunting.. Hunting has been a traditional source of food for humans since the beginning of man. Hunting also provides skins for cloths and leathers that colder regions use to keep warm or for trade. Big game animals can yield enough meat to last a family for months. Many contemporary families use hunting as a way to visit nature and spend time with one another. Entire families vacation and go hunting to get away from the stresses of urban life. Along with family bonding, another positive of hunting with guns is the revenue generated from issued hunting licenses. A hunting license is sold to a hunter before they can go out to hunt. The state and the city both make money from licenses and game tags. Hunting and fishing, according to North Carolina’s Wildlife Commission yields, â€Å"$3.3 Billion positive impact TO N.C. Economy, $2.4 Billion - Fishing and hunting, 335,000 Hunters, 1,525,000 Anglers, $930 Million - Wildlife watching and 2.4 Million Wildlife watchers† (Heinonen). The findings of the North Carolina Wildlife Commission

The Usefulness of the Analogy Between Society and a...

The Usefulness of the Analogy Between Society and a Biological Organism One set of sociologist that use the Biological or Organic analogy of societies are the Functionalists. Functionalism first emerged in Europe in the 19th Century. The French sociologist Emile Durkheim was the most influential of all the early functionalists. The theory became the dominant theoretical perspective in the 1940s and 1950. The functionalist theory is that within society there are many small parts that have to work together to maintain the society. I will be assessing how useful this analogy is to show the likeness between society and a biological organism. The functionalists argue that†¦show more content†¦The functions of the various parts all contribute into the maintenance of the body to cause effect. In the functionalist view behaviour in society is structured. relationships between members of society are organized in terms of rules. Values provide the general guidelines for behaviour in society and norms and roles are derived from them. The functions of social institutions are to work in together to help society to work better together e.g. the function of the family is to socialize the children to behave in the manner that is accepted within that society. Growth Biological organisms develop through a life cycle and evolve into more complex forms. They do this by adapting and changing themselves to better suit their environment. Societies in ways do the same, by means of reproduction to grow and improving technology and knowledge to grow out from their boundaries. Equilibrium The concept in biology of Homeostasis where the body keeps its temperature at approximately 37 °c by means of releasing the hormone ADH and controlling the amount of water lost et cetera. Is used in relation in functionalism from where Parsons notion of fit where social arrangements adapt to changing condition much like how they grow from change. So in relation to the biological analogy the values can be seen as the skeletalShow MoreRelatedThe Importance of Demography to Development11868 Words   |  48 Pagesorganization, and functioning of human society; the science of the fundamental laws of social relationships, institutions, etc. It generally concerns itself with the social rules and processes that bind and separate people not only as individuals, but as members of associations, groups, and institutions, and includes the examination of the organization and development of human social life. 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Education and Perspectives

Question: Discuss about theEducation and Perspectives. Answer: Introduction Having some core values is always important for professionals as without core values it is tough to gain success in an organization. In the case of teaching, the importance of core values is higher than in other profession. Core values are some characteristics that will help a teacher to feel satisfied about his job or to provide proper education to the students in an appropriate manner. Currently, my core values that I think are extremely important as a teacher are equality and responsibility. Equality in teaching important as it will allow everyone to receive education in an equal manner. On the other hand, responsibility is also important as only a responsible teacher will be able to provide required education to his students. However, for me it is not possible to follow both the core values in the initial stage of my profession. Therefore, based on the arguments provided by Paulo Freire and John Dewey, I will find out which core value will important for me in this stage of my lif e. It is really important to find out the most important core value as it will not help me to p[perform my job properly but will also help me to develop my character and attitude towards my job. Paulo Freire was the Brazilian educationist and one of the most admired and dominant philosopher of that time. From the article of Paulo Freire it is clear that he has viewed education as a progressive and democratic force. He has always supported and promoted solidarity and equality in education. However till now, equality is yet not served in the field of education. In fact, equality is also not there in terms of wealth, political rights and social rights (Archer, 2017). He also argued that democracy needs freedom and this must be sought continuously. Inequality is when majority-rule is implemented in a place where minorities are present too. In this situation minority people are at disadvantage and sooner or later they will become oppressed. Slowly but steadily the majority people who are considered as oppressors will begin to develop structure that will only benefit them. According to Paulo Freire, this can be considered as violent structure. After he was jailed was moved to Boli via and then Chile, in the following years Paulo Freire started to work on adult education with the help of Institute of Agrarian Reform in Chile. On the other hand it is seen that there are five key dimensions of equality in educational system. Those key dimensions are resources, respect/recognition, love, care and solidarity. In this context of equality, equality of resources mean not just equality in palpable economic forms of capital such as income and wealth but in forms of social capital like family and social networks and in form of cultural capital such as educational testimonial (Archer, 2017). Love, care and solidarity are also important dimensions of equality in education. Being cared is an elementary requirement for mental and emotional well-being and for human growth generally. In the education system, it is tough to make sure that everyone is having required love, care and solidarity. However, it is possible to develop the educational system in a way that it can equall y share these things among the students and learners. In order to understand and tackle the problems related to adult literacy, he lived and worked in the slum areas of Recife. There again he was introduced by another inequality in the educational system as he found that adult women and men were not able to read and write in that area. Paulo Freire also argued against the traditional educational system and called it as a banking system. According to him, students were only the passive recipients of deposits from a teacher who knows it all. Paulo Freire strictly wanted to change that type of educational structure and proposed a consistent method of reflection and action. He also stated that learning is not about memorizing and repeating. Learning should be a method where emphasis will be given on reflecting critically on the method of reading and writing itself and the profound connotation of language. On the other hand, it is also important to understand the difference between equal ity and equity (Archer, 2017). Equality means every student will be treated similarly and will be provided with same amount and quality of education. On the other hand, equity means providing everything to the students that will help them to become successful (Archer, 2017). Paulo Freire has always advocated about equality in his quotes and articles. According to him, aim of equality is to promote fairness. However, he also mentioned that equality can only work when everyone will start from the same place and will have an aim to reach to a same place. However, Paulo Freire has mostly worked about the equality of the adults in the educational system. He understood that the systems are unfair and it is required to change them so that adults can be treated equally. While working on adult education with the Institute of Agrarian, his idea about the education system matured. At that time started to write about things tha3t became his seminal work, Pedagogy of Oppresses (1970). From that book it can be seen that Paulo Freire is hoping that adults will learn to perceive social, political and economic contradictions. He also hopes that those adults will also take action against these types of oppressive elements. Whatever, study he did or whatever he wrote in his book, he always put emphasis on equality in for the adults in the educational sector which is according to him very important. On the other hand, John Dewey has always supported the value of responsibility. He mentioned that it is not easy to become a teacher as in every step emotional challenges will be there. Besides, one will also be challenge intellectually and socially which will make him uncomfortable several times. According to him, normal people make assumptions about the nature of reality along with truth and knowledge. These types of beliefs are the part of ontology. As a teacher it is extremely important to influence the student (Dixon et al., 2004). Now, this includes the responsibility to properly make decisions about what is right and what is wrong along with what is t rue and what is false. Questions of axiology are concerned with ethics or concerned with things that decide right and wrong human behavior. Now in the profession of teaching, it is very important to have the core value of responsibility. In teaching, a teacher does also play different roles. He is responsible for becoming a mento r, helping hand, support and resource of a student. Students look up to teachers and most of the times they pattern their own behavior and work ethic to match the instructor. Therefore, it is seen that students tend to become like their teachers and mentors. That is why; it is the responsibility of the teachers to display a good side of their behavior and attitude so that students can learn those things. As mentioned by the department of education, there are some value based curriculums that are built upon the beliefs of the teachers. All of these beliefs and values were arrived through a broad consultation method (Dixon et al., 2004). These beliefs strongly state that humans want to learn and learners are unique. Besides, the learners decide their own learning styles. In order to properly execute the responsibilities of a teacher, it is important to follow some particular strategies and approaches. In the first place, it is important to have the basic knowledge and skills. Teachers must understand that they are the teaching technicians. One of the important roles of a teacher is to inculcate a narrow core of knowledge. They must also need to understand that the regional nature of knowledge is not acknowledged in the teaching profession. On the other hand, t h ere is another approach which can be called as skilled artisan approach. It shows that teaching is a skilled practical activity and it can be learn perfectly on the field. In this scenario, the complexity of professional knowledge is not recognized. Teachers can also easily copy the practices that are done in the past. Another approach is the professional competency standards approach that strictly states that teaching is an attempt to develop responsibility based on professional self-regulation. This approach is considered as the broader and more professional in orientation than the basic skills approach. On the other hand, this approach is also capable of covering wide range of knowledge, skills and di spositions that have been validated by practitioners of the classroom. The teachers also must understand in this profession, lists of standards remain fixed rather than dynamic and altering as circumstances change. In the article five curriculum orienta3tions are also mentioned by the author that includes development of cognitive process, personal relevance, academic rationalism, social adaption, and technology. With in development of cognitive methods, thinking skill is known as the central concern of the teacher. On the other hand, within personal relevance, belief is the central concern and is also the determinant of the requirements and interests of the students. Besides, social adaption values the dominance of the establishment of skills and values to assist efficient participation in community. On the other hand, social reconstruction values the establishment of critical reflection in regard to self and community in order to act. Last but not the least; technology also has its values. It values the application of a teacher-centered and outcome driven model. There is another standard approach which is known as the professional competence standards approach. In this approach, the teachers try to develop an external responsibility based on their profession and self-regulation. From this entire discussion, it is clear that John Dewey is strongly supporting the core value of responsibility for the teachers and has provided several numbers of approaches through which teachers can precisely understand their responsibilities (Dixon et al., 2004). As per previous results, the conception of teachers responsibilities include the following components which are a subject of responsibility, object of responsibility, addressee of responsibility, a judging or sanctioning instance, normative criterion of responsibility and a realm of responsibility and action. Here I am not going to argue that among the two core values which are equality and responsibility which one is m ore important. However, it is necessary to state that a teacher does not matter whether he has the core value for responsibility or not, must become responsible towards the students and the education he is providing to the students. If a teacher is not responsible towards the students, then he will not be able to deliver appropriate education to the students. On the other and, he will also not be able to gain satisfaction for what he is doing. If he cannot gain satisfaction from his profession, then slowly but steadily it will become a burden and sooner or later, that teacher will have to change his profession. In the end, it can be concluded that both equality and responsibility are the tow important core values that are required for a teacher. If I want to pursue my career as a teacher, it is paramount for me to have at least one or both the core values. In this essay, two articles are discussed where one is written by Paulo Freire and the other one is by John Dewey. Paulo focused on equality in the educational system and demanded that the current educational system must be changed and everyone should have t he equal right of having education. On the other hand, Dewey has focused on responsibility as according to him, teachers should be more responsible while doing his job (Dixon et al., 2004). I am going to start my career as a teacher and it is expected that I will be teaching mostly children. In the article of Paulo, he has mentioned about equality, however his study has focused on the education of the adults. Therefore, I think the theories and quotes of Paulo will not be able to help me. On the other hand, as I will have to develop my career as a teacher, I will have to show a sense of responsibility which will help the students and me. References Archer, D. (2017).Obituary: Paulo Freire.The Independent. Retrieved 20 April 2017, from https://www.independent.co.uk/news/people/obituary-paulo-freire-1261256.html Dixon, Ferguson, Hay, Moss White. (2004), Moving your story forward, in invitations inspirations condensed. Chap2. Pp 13-29.

SOLO Report Essay Example For Students

SOLO Report Essay This book, in my opinion, is a very good example of a serial killer,and his ironic demise. The book begins with an example of serial killing,where a powerful, influential man is killed by an assassin. The book,after the killing, follows the killer to an unusual place-a concert hall. There it is found that the killer is internationally famous concert pianistJohn Mikali. This man, Mikali, has been tormented by death and pain all of his life. His family has been based through a stout naval history, as his father, andrelatives past have all been commanders and captains of great naval ships. The one break in the chain was his Grandfather and him, John, who is aconcert pianist. John is clever but physcotic, because his hobby, asgruesome as it may seem, is killing. It began one day when his nanny waskilled. It seemed she was killed by a hit and run driver. John, who lovedhis nanny so much, decided to get revenge, and revenge he did. He killedthe man who had been driving the car. The book starts out, as said, with a killing and then by revealing thekiller. Then the book goes into a story of the life of the man Mikali. His mother and father had been killed at sea, and the only people he hadleft were his nanny and his aunt. The book gives an accurate description ofhis life and times before his incredible hobby. After the book describes Mikalis background, which itself is filledwith death, the book goes into the current life of Mikali and how he got towhere he is. Mikali discovered his great talent in music at a very earlyage. His grand-father, who is the only blood relative he has left, iscommitted to his grand-son. He gives his son the best schooling in theform of music he loves the most: the Piano. The book after it has dealt with the past then goes into the present. Using this method, it resembles a time line:MIKALIS DEEP PASTRECENT PASTPRESENT TIME After the recent past, in which Mikali has killed over 30 well knownand influential people all around the globe. He uses his influential pianoconnections to travel all around the globe. He then makes the fatal mistakesomeone else did to him by doing it to someone else, with even more powerthan him. Mikalis most loved relative was killed by a hit and rundriver-and then one day Mikali kills the daughter of a retired SAS Soldier,Asa Morgan. Morgan is a trained and skilled killer himself. It is ironic in the fact that after Morgans daughter is killed, hegoes on a rampage, like Mikali after his aunt is killed. Mikali took outhis rage on the entire globe-and Morgan took UT out on Mikali and everyoneassociated with him. Morgan, after learning his daughter is dead, throwsall rules of the military system out the window and goes after Mikali. Although Morgan doesnt know who killed his daughter, he does know thatthe initial murder at the beginning of the book is related to his owndaughters murder. Mikali has gained a world- wide reputation as abrilliant pianist-and his alter ego as a fearless and skilled killer. Revenge plays its part in this book, after Mikali having taken his outon the whole world, and Morgan wanting to get his daughter back. Morgan,after tracking down Mikali through skillful deduction, (he examines all themurders and pieces together that Mikali was in the city giving some kind ofmusical performance) kills Mikali in the only place that can be deemed fitto kill Mikali in-A music hall. .u4cdacb0a54e5a93179a0651799e2077a , .u4cdacb0a54e5a93179a0651799e2077a .postImageUrl , .u4cdacb0a54e5a93179a0651799e2077a .centered-text-area { min-height: 80px; position: relative; } .u4cdacb0a54e5a93179a0651799e2077a , .u4cdacb0a54e5a93179a0651799e2077a:hover , .u4cdacb0a54e5a93179a0651799e2077a:visited , .u4cdacb0a54e5a93179a0651799e2077a:active { border:0!important; } .u4cdacb0a54e5a93179a0651799e2077a .clearfix:after { content: ""; display: table; clear: both; } .u4cdacb0a54e5a93179a0651799e2077a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u4cdacb0a54e5a93179a0651799e2077a:active , .u4cdacb0a54e5a93179a0651799e2077a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u4cdacb0a54e5a93179a0651799e2077a .centered-text-area { width: 100%; position: relative ; } .u4cdacb0a54e5a93179a0651799e2077a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u4cdacb0a54e5a93179a0651799e2077a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u4cdacb0a54e5a93179a0651799e2077a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u4cdacb0a54e5a93179a0651799e2077a:hover .ctaButton { background-color: #34495E!important; } .u4cdacb0a54e5a93179a0651799e2077a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u4cdacb0a54e5a93179a0651799e2077a .u4cdacb0a54e5a93179a0651799e2077a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u4cdacb0a54e5a93179a0651799e2077a:after { content: ""; display: block; clear: both; } READ: How to Write Literary Analysis Essay The book is very real in the aspect of serial killers. It portrays anexcellent example of a person who kills in succession with an intricateplan. The killer, Mikali, kills all of his victims simply and with a plan. Also, Mikali kills many people. Thats a common trait with serial killers. As with Charles Manson, Mikali killed his victims without remorse or pity. He wiped them clear off the face of the earth without a second thoughtbecause he thought it would have an affect on the earth. Mikalis plan wasthat if someone did something bad to him, then they should be dead. Mikalikilled a man who had been leading the group who financed a politicaluprising in his native Greece. And he also killed a man because he thoughtthe man was bad to the human race. The real clue that undid Mikali was one of when he killed a man, hemade the mistake of killing him when he was in the same building as Mikali. Mikali had been staying in a hotel with the same man, and he killed him-andthe police were baffled because no trace of the killer had been found. Using this, Asa Morgan carefully deducted that Mikali was responsible forhis daughters death. Mikalis killing is likened to Mansons in the fact that it was justone piece in a huge master plan-Mansons for a new earth while Mikalisjust one piece in a huge puzzle of revenge.