A) Why is the investment appraisal process so important? Capital Investment Appraisal is of fundamental importance because: 1. Large Amount of Company Resources: Involvement of large amount of company resources and efforts which will necessitate careful evaluation to be undertaken before a decision is reached. 2. Maximization of Shareholder wealth: Investment decision is linked with strategic and tactical business decisions and therefore need to achieve desired long-term objectives. The
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In this assignment I will be identifying the main capital appraisal techniques and evaluate them by showing their strength and weaknesses. Then compare them with each other and show the main difference between them. At the end I will be showing some tables taken from different books ranking these methods and showing which methods are more used by most of the companies in the US and UK. Most of the competitive companies are looking for expansion and growth in order to control a bigger share of
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Absolute Standards Approach is an appraisal method used to assess the performance of employees by presenting a detailed description of the employees’ actual behavior in comparison to a certain set of standards. In this type of appraisal format‚ the appraisers compare the employees to a certain set of standards‚ which may come in the form of checklists‚ rating scales‚ etc‚ rather than to other employees within the organization. The Absolute Standard Appraisal method has 4 techniques: Checklists‚ Essays
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Under the individual evaluation methods of merit rating‚ employees are evaluated one at a time without comparing them with other employees in the organization. (a) Confidential report: It is mostly used in government organizations. It is a descriptive report prepared‚ generally at the end of every year‚ by the employee’s immediate superior. The report highlights the strengths and weaknesses of the subordinate. The report is not databased. The impressions of the superior about the subordinate
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Field Review Method: This is an appraisal done by someone outside employees’ own department usually from corporate or HR department. Advantages – Useful for managerial level promotions‚ when comparable information is needed‚ Disadvantages – Outsider is generally not familiar with employees work environment‚ Observation of actual behaviors not possible. Essay Method: In this method the rater writes down the employee description in detail within a number of broad categories like‚ overall impression
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simply checks off the employee’s level of performance.This is the oldest and most widely method used for performance appraisal. 5. Essay Evaluation This method asked managers / supervisors to describe strengths and weaknesses of an employee’s behavior. Essay evaluation is a non-quantitative techniqueThis method usually use with the graphic rating scale method. 6. Behaviorally anchored rating scales This method used to describe a performance rating that focused on specific behaviors or sets as indicators
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Why So Many Foreigners Join Jihadists? Wang Zixuan 201201228 Mon 13:30 The Islamic State in Iraq and the Levant (ISIS) is a jihadist group based on al-Qaeda in Iraq‚ formed in April 2013. It has become one of the main jihadist groups fighting government forces in Syria and Iraq. Its leader is Abu Bakr al-Baghdadi‚ who joined the rebellion that erupted in Iraq after the US-led invasion in 2003. Its original aim was to establish a caliphate in the Sunni-majority regions of
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INVESTOR NEWSLETTER ISSUE N°3 IT SHOULD BE DELIVERED ONLINE TRAINING THE WAY HTTP://WWW.4PM.COM FALL 2007 Why Do So Many Projects Fail? Dick Billows‚ PMP ProjectPedia Change control Charter Estimating Lessons Learned People Skills Planning/Scope Presentations Requirements Risk Scheduling Status Reports What do PMs do Work breakdown WBS CERTIFICATION Associate PM IT/IS Project Manager Consulting PM Healthcare PM Business PM PMP Professional PM All Courses
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1607‚ 110 Englishmen arrived at what was to be the first permanent English colony in what is now the United States. Of the original 110 settlers‚ only 40 would be alive at the end of December. Why did so many colonist die? So many colonist died due to disease‚ starvation‚ or the weather or seasonal changes. Many of the colonist died due to disease. In document A it says‚ “disease in the early years to Jamestown’s position at the salt-fresh water transition‚ where filth introduced into the river tended
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