1/29/2015 Creating Customer Value http://eproduct.hbsp.harvard.edu/eproduct/product/cc_8176/content/OPS/html/print.html 1/22 1/29/2015 Creating Customer Value This reading contains links to online interactive illustrations and video‚ denoted by the icons above. In addition to using reader controls in the navigation bar‚ you can also use the arrow keys on your keyboard to navigate between pages. Sunil Gupta‚ Edward W. Carter Professor of Business Administration‚ Harvard Business School‚ de
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Head: TIME VALUE OF MONEY Time Value of Money Team C: University of Phoenix MBA 503: Introduction to Finance and Accounting Time value of money is the concept that an amount of money in one ’s possession is worth more than that same amount of money promised in the future (Garrison‚ 2006). Today money can be invested to earn interest and therefore will be worth more in the future (Brealey‚ Myers‚ & Marcus‚ 2004). This paper will explain how annuities affect time value of money (TVM)
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Case 11-2(b) Fair Value Disclosures Case 11-2(b) is an extension of Case 11-2(a). For this case‚ assume that the Case 11-2(a) facts remain‚ with the exception of the additional assumptions listed below for each security. As stated in Case 11-2(a)‚ Family Finance Co. (FFC) accounts for its investments at fair value‚ with changes in fair value reflected either in earnings (for trading securities) or other comprehensive income (OCI) (for available-for-sale (AFS) securities). 1 Because FFC uses
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Democracy As a Universal Value In his article‚ Democracy as a Universal Value‚ Amartya Sen asserts that democracy is a universal value. In order to develop his argument Sen needs to state his definition of democracy and define what he means by universal value. In the course of Sen’s argument he gives his view of the relationship between democracy and the economy. He then defends his view of democracy as a universal value against a main argument that deals with cultural differences between regions
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TIME VALUE OF MONEY I. DEFINITIONS * A peso received today is worth more than a peso received in the future * In economics‚ it is the opportunity cost of passing up the earning potential of a peso today. * The idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. * Holds that‚ provided money can earn interest‚ any amount of money is worth more the sooner it is received. II. KEY CONCEPTS
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Professional Values and Ethics Values and ethics are foundational to any successful organization. Values are the standard against which society measures good and bad‚ the desirable and undesirable and the concept of business ethics is knowing what is right and wrong and then doing what is right. Important decisions are made every day in the work environment and every decision will have a financial impact on the company whether the choice is positive or negative. A company will assume the values and ethics
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Value chain To begin with‚ it is necessary to provide some background about value chain that was coined by Micheal Porter with his book in 1985. In this bestselling book‚ the idea of value chain was explain how the firm create the competitive advantage and value after some specific activities which deemed as value-adding porocess. It was splited into two parts in Porter’s Value chain mode and they are "primary activities" and "support activities". "primary activities" include following steps
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A value proposition in business and marketing is a statement summarizing the customer segment‚ competitor targets and the core differentiation of one’s product from the offerings of competitors. A company’s market contribution normally extends further than its core product to include services‚ programs and systems rudiments. Value Propositions essentially translates this market offering into a proclamation of the benefits a customer will derive. It was important for Toyota when developing their
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Recently‚ fair value accounting suffers heated debate because the financial crisis. The purpose of this article is to evaluate and understand fair value both in literature analysis and practice. This paper emphasizes the advantages and disadvantages of the fair value measurement. Proponents believe that fair value can provide timely information that reflects current financial market conditions‚ and information supplied is reliable. On the other hand‚ critics argue that fair value accounting results
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The time value of money A rupee today is more valuable than a rupee a year hence. Thus money has time value this is because of several reasons:-1) Individuals‚ in general prefer current consumption to future consumption.2) In an inflationary period‚ a rupee today represents a greater real purchasing power than a rupee a year hence.3) Capital can be employed productively to generate positive returns. An investment of one rupee today would grow to (1+r) a year hence (r is the rate of return earned
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