Harvard Business School 9-289-047 Rev. April 1‚ 1998 Marriott Corporation: The Cost of Capital (Abridged) In April 1988‚ Dan Cohrs‚ vice president of project finance at the Marriott Corporation‚ was preparing his annual recommendations for the hurdle rates at each of the firm’s three divisions.部门 要求报酬率 Investment projects at Marriott were selected by discounting the appropriate cash flows by the appropriate hurdle rate for each division. In 1987‚ Marriott’s sales grew by 24% and its return on equity
Premium Weighted average cost of capital Interest Marriott International
original version of this case (S-DS-87‚ Revised 5/90) under the direction of Professor Michael J. Harrison‚ Stanford University. It is based on an earlier case by Karlyn Carnahan. Professor Steven C. Wheelwright‚ Harvard University‚ prepared the abridged case as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. Copyright © 1991 by the President and Fellows of Harvard College and by the Board of Trustees of the Leland
Premium Insurance
Representatives in Congress‚ the Executive and Judicial officers of a State‚ or the members of the Legislature thereof‚ is denied to any of the male inhabitants of such State‚ being twenty-one years of age‚ and citizens of the United States‚ or in any way abridged‚ except for participation in rebellion‚ or other crime‚ the basis of representation therein shall be reduced in the proportion which the
Free United States Constitution Fourteenth Amendment to the United States Constitution American Civil War
people‚ including those employed in public and private sectors‚ to form unions‚ associations‚ or societies for purposes not contrary to law shall not be abridged.” Freedom to form associations In large part‚ this section reflects the country’s bad experience during the Martial Law years‚ when the right to assemble and form associations was unduly abridged. Obviously‚ however‚ it is equally clear that the government can exercise its police power and abridge this right if the association in question threatens
Premium Human rights Freedom of speech Universal Declaration of Human Rights
The Last Speeches. New York: Pathfinder‚ 1989. 978-0-87348-543-2 (accessed October 8‚ 2012). Klarman‚ Michael J.‚Brown v. Board of Education and the civil rights movement: abridged edition of From Jim Crow to civil rights : the Supreme Court and the struggle for racial equality‚ Oxford ; New York : Oxford University Press‚ 2007 Chafe‚ William Henry (1980). Civilities and civil rights: Greensboro‚ North Carolina‚ and the Black
Premium African American Martin Luther King, Jr. United States
There was a great deal of Imperialism in the 19th century‚ led by mostly westerners from Europe. Imperialism is the act in which one nation extends its rule over another. Imperialism had a substantial effect on the 19th century throughout the entire world by bringing upon changes to many different countries‚ for better and for worse‚ especially to Africa. Prior to the nineteenth century‚ westerners did interfere with many of the affairs of nations outside of their boarders‚ so signs of imperialism
Premium Colonialism Africa
9-306-021 REV: MAY 31‚ 2006 The Cherkizovsky Group (A) (Abridged) “If I don’t create things‚ I die. I have to create‚” declared Igor Babaev‚ owner of Russia’s largest food processing enterprise. “And when I die‚ I want to leave behind a well-functioning company.” In December 1997‚ however‚ all that he had labored to create over the previous six years was in jeopardy. Following the demise of the Soviet Union in 1991‚ Babaev adjusted quickly to Russia’s economic liberalization. He had taken control
Free Russia Moscow Soviet Union
Harvard Business School 9-400-065 rP os t Rev. July 24‚ 2000 Jeanne Lewis at Staples‚ Inc. (A) (Abridged) op yo Six months from now‚ on February 1‚ 1998‚ Jeanne Lewis (HBS ’92) would become the senior vice president of marketing at Staples‚ Inc. (Staples)‚ a nationwide office supplies superstore. After 10 months working side by side with Todd Krasnow‚ the current executive vice president of marketing‚ Lewis was becoming familiar with the department. Her initial assessment
Premium Marketing Marketing strategy Vice President of the United States
Constitutional Foundations for the United States Democratic Republic During the late 1780’s the 55 delegates of the United States decided that the United States needed to form a new Constitution. The constitution was a plan of government designed to solve the governmental problems experienced under the Articles of Confederation. The Constitution was an immense help to the difficulties faced by the government and it continues to guide the American nation today. The Articles of Confederation
Premium United States Constitution United States Articles of Confederation
Chapter 5 PROSPECTUS DEFINITION [SECTION 2(36)] • Any document inviting deposits from the public for the subscription or purchase of any securities of a body corporate. Following types of documents are prospectus: - ❑ Any document described or issued as prospectus; including ❑ any notice‚ ❑ circular‚ ❑ advertisement or ❑ other document • Ingredient to constitute a “prospectus” i) There must be an “invitation to the public”; ii) The invitation
Premium Stock market Stock