Present value is where the value on a set date of a future payment is discounted to reflect the time value of money and other factors. This can also apply to a series of future payments. Present value calculations are commonly utilized in business and economics to provide a way to compare cash flows at different times. Present value can be described as the current worth of a future sum of money or stream of cash flows given a specified rate of return. (http://www.getobjects.com) Future cash flows
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offer or accept bribes. Likewise‚ if Belgians fail to find insider trading morally repugnant‚ who cares? Not enforcing insider-trading laws is no more or less ethical than enforcing such laws. The cultural relativist’s creedWhen in Rome‚ do as the Romans do - is tempting‚ especially when failing to do as the locals do means forfeiting business opportunities. The inadequacy of cultural relativism‚ however‚ becomes apparent when the practices in question are more damaging than petty bribery or insider
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Ethical Dilemmas 1) You are a prosecutor in a jurisdiction that does not use the grand jury system. An elderly man has administered a lethal dose of sleeping tablets to his wife ‚who was suffering from Alzheimer’s disease. He calmly turned himself in to the police department‚ and the case is on the front page of the paper. It is entirely up to you whether to charge him with murder. What would you do? What criteria did you use to arrive at your decision? 2) You are a probation officer and
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Abstract: For a very long time‚ Values have been considered extremely important in the basic functioning of the organization – to explain the action in and around organizations. The formation of organizational values takes place within the sphere of influence of external and internal forces‚ and therefore‚ a combination of several important determinants should be taken into account in order to understand the rationale behind the values held by organizations. Introduction We have had great leaders
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BMW-campaign for introducing Efficient Dynamics in Hungary‚ 2009 Executive Summary The campaign introduced the new Efficient Dynamics technology of BMW by creating the team “BMW Team Hungary with Efficient Dynamics” and participating on long-term races to make customers know and understand the real advantage of the technology: that low fuel consumption and emissions combined with out-standing performance leads in success by competing even vs. sport cars positioned on a much higher level. The campaign
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Defining Business Value for BI and Analytics Initiatives Bill Hostmann There are different ways of measuring the business value of business intelligence (BI) and analytics initiatives. The definition of "business value" depends on whether it is being evaluated by IT or the business organizations. The business values cited by the top 10 finalists in the 2011 Gartner BI Excellence Award program are used to provide examples of a model defining the dimensions and categories of business value. Key
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organizational‚ and cultural values affect decision making in my personal and professional life. My cultural‚ organizational and personal values represent my beliefs and traditions of my cultural environment. Through my research‚ I examined values and based them on how important they are within my personal‚ organizational‚ work‚ and cultural lifestyle. Based on the research‚ I came to the conclusion knowing the foundational elements of individual behavior can be very rewarding. Values do not act individually
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brand values to customer value Martin Christopher Recently there has been a growing tide of articles‚ papers and even conferences devoted to the question of the future of marketing (see‚ for example Brady and Davis‚ 1993; Coopers & Lybrand‚ 1993; Mitchell‚ 1994). Essentially‚ the point at issue is whether “traditional” marketing is appropriate for the conditions that now prevail in the late twentieth century. The basic principle of marketing still applies‚ that is the focus of the business on the
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Strategic Business Value/Supply Chain Analysis: Table of Contents Section 1 – Executive Summary3 Section 2 – Introduction 4 Section 3 – Nestlé Background 5 3.1 Brief History 5 Section 4 – Literature Review – The Value Chain 6 4.1 The Value Chain 4.2 Nestle and Porter’s Value Chain6 Section 5 – Nestlé Strategies 7 5.1 Creating Shared Value7 5.2 Sustainability8 5.3 International Competitive
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present: the spiritual joy which they experience is tangible. Moreover‚ that very joy is waiting to be shared. Undoubtedly‚ the close connection which these pious religious have to the Immaculate Heart of Mary continually inspires them to be consecrated religious striving to imitate the abundant joy found deep in the words and actions of Mary. (4) Spiritual Vessel (Vas spirituale) The noun “vessel” imperfectly expresses the intended meaning of this advocation. The Latin “vas” (vessel) is used
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