Creating Value Internal and External Factors - 1257 Words

Discussion Board 2: Valuation Charles E. Sullins, Jr. Managerial Finance – BUSI 530_B10 Liberty University INTRODUCTION The purpose of this thread is to discuss the factors that lead to a valuation of a company’s worth compared to that of the financial statements, and how company executives create the most value for all stakeholders. Value is formed by different internal and external factors. This discussion will examine some of these factors in an effort to determine how a company’s worth is measured. This discussion will also include views from a faith-based standpoint and how human success must glorify God. â€Å"Love not the world, neither the thingsthat are in the world. If any man love the world, the†¦show more content†¦When this is the case, its usually because the market has lost confidence in the ability of the companys assets to generate future profits and cash flows. In other words, the market doesnt believe that the company is worth the value on its books. Value investors often like to seek out companies in this category in hopes that the market perception turn s out to be incorrect. After all, the market is giving you the opportunity to buy a business for less than it’s stated net worth. 1. Market Value Greater Than Book Value: The market assigns a higher value to the company due to the earnings power of the companys assets. Nearly all consistently profitable companies will have market values greater than book values. 2. Book Value Equals Market Value: The market sees no compelling reason to believe the companys assets are better or worse than what is stated on the balance sheet† (para. 6). CREATING VALUE FOR SHAREHOLDERS Executives play a major role in creating value for stakeholders. Creating value for stakeholders is the primary role of an executive. The first thing executives must do is build trust. This element is essential to all positive aspects of value. Gaining trust is accomplished through strong work ethic, sound values, accountability, and leading by example. Not only will this develop strong working relationships, it will also aid in ushering in the next generation of managers. It will help gain confidence in the financial markets asShow MoreRelatedInternal Environment Resources and Capabilities of an Organization1034 Words   |  4 Pagespaper mainly focuses on the internal environment, resources and capabilities of an organization. It highlights the two main analyses which are essential for any organization and which plays a main role in the formulation of a strategy. In addition to this, it also describes the primary and support activities of an o rganization. Two key factors, which are important in doing an internal analysis, are Resource Based View framework (RBV) and Porters Value Chain. These factors are also described. The ResourceRead MoreHow to Conduct Strategic Analysis Essay1099 Words   |  5 PagesOne critical piece of the Strategic Planning process is Strategic Analysis. It is an integral part of a company’s evaluation program; it provides managers with a comprehensive assessment of the organization’s capabilities and market factors; revealing growth opportunities and vulnerabilities. With this information, managers can more effectively choose from strategic alternatives and create the greatest future reward potential. A) Company Mission – Vision The first step I would take as part of myRead MoreThe System Dynamics Diagram Below Illustrates The Interactions And Activities Of The Business769 Words   |  4 Pagesmanagement and purchasing are two closely linked internal factors in the business vital to providing quality products. Purchases are reliant on stock levels and must have management approval. Factors such as quality control, availability of produce, seasonal customer preferences, supplier availability and supplier relationships all play a role in the ability for the business to create value through these internal functions. Some of these external factors can be partially controlled; for example availabilityRead MoreExternal and Internal Environmental Analysis Strategic Planning and Implementation1213 Words   |  5 PagesExternal and Internal Environmental Analysis Strategic Planning and Implementation STR/581 External and Internal Environmental Analysis Apple Inc. is a computer product company that was launched into the market through the collaborative efforts of Steve Jobs and Steve Wozniak in the year of 1976 and is aimed at reaching the diverse global community. The changes in the external environment of the company determine the decisions that the corporation will make. Apple Inc. has reputableRead MoreProduct Features Of Value Chain Essay1514 Words   |  7 PagesVALUE CHAIN: The concept of Value Chain was introduced by Michael Porter which involves a process of adding value to a product or service at every stage. A value chain may exist within one firm or may extend over an expanded supply chain that includes various firms. It enables to identify the Primary and Secondary activities which can increase the value to end customers and thus facilitate business organisations to gain a margin over input cost. The Primary activities are important to acquire theRead MoreEffective Methods Of Effective Ways Of Communication767 Words   |  4 PagesAs a part of execution, company leaders translate strategy into measurable objectives. Communication plays an important role in sharing the strategy details with necessary external as well as to all internal employees. This communication mechanism allows creating a feedback system and also gives an opportunity for the leaders to align with the rewards and recognition process. It is necessary to use an effective way to communicate the strategy for a greater success. According to Everse (2011), effectiveRead MoreInternal And External Factors Affecting A Business Organization1365 Words   |  6 Pagescompanies to evaluate the internal and external factors affecting a business organization. With this useful tool they are able to set future goals, define strategic plans and collect information about the social environment in which they operate. This strategic tool is classified by internal factors (Strengths and Weaknesses), means that the company has total control of it and external factors (Opportunities and Threats), the company cannot control it. Internal factors mean that the company hasRead MoreEssay about Airstar Case Study1139 Words   |  5 Pagesmanagers is not working effectively and employees have been working up their own job description. Because of that, goal accomplishment is fast becoming obsolete and decisions are being made on the basis of practicality. Also, the company is facing external threats from major competitor such as General Electric and Pratt amp; Whitney. The stagnation from top managers is causing chaos internally, because business environment is constantly changing and most managers have been in the company for moreRead MoreCan Organisational Culture Be Changed?1376 Words   |  6 Pagessame time, it is a very difficult and demanding task. This is where the four main functions of managing come into play; planning, controlling, leading and organising. Robbins at al (2009, p.94) defines organisational culture as â€Å"a system of shared values, principles, traditions and ways of doing things that influence the way organisational members act.† This essay will further look into how and if an organisation’s culture can be changed, weighed up against organisation’s resisting change, how thisRead MoreExternal Factors And The Business Model1545 Words   |  7 Pages External Factors and the Business Model In order to build a successful business model, the organization must analyze the business environment for external forces. Osterwalder and Pigneur (2010) discuss the importance of understanding the external factors in the business environment when developing a business model; the organization must be able to adapt quickly to the changing environment. External factors of demand play a critical role in developing a business model, an organization

A Discourse Community As A Group Of People That Has An...

John Swales defines a discourse community as a group of people that has an agreed set of common public goals, ways to communicate with its members, to provide information and feedback, genre(s) that the group may further communicate its goals, lexis, and a threshold level of members (220-2). The group I chose to study St. Luke Church of God in Christ, St. Luke COGIC, bears the qualifications to be a discourse community. Founded in 1925 by Millissis Shannon and her husband Charles with only twelve members, pastoring St. Luke COGIC is Elder E. A. Shannon with over eight hundred members (St. Luke Church of God in Christ). This church is a great church to attend and has several activities, groups, departments, and ministries for any person at any age. Some of them include Sunday School, music, men’s, women’s, youth, children’s, and Bible Study and they all help to reach the community and lead people to Christ. The church’s mission statement states that their p urpose is, â€Å"to function as a Christian fellowship where the gospel of Jesus Christ is preached and the ordinances and doctrine of the church is taught and administered†¦Ã¢â‚¬  (St. Luke OB). My goal while observing and interviewing people was to figure out how people praise and worship the Lord at St. Luke COGIC on a Sunday. Watching with minimum participation and just watching at what the church members did (McCarthy page 234) is how I observed St. Luke COGIC. On Sunday, services start at 8:00 a.m. and end at around 9:00 p.m.Show MoreRelatedThe American Sign Language Community Essay1221 Words   |  5 Pagescertain communities. School, jobs, families, sports, extracurricular activities, and many other communities are just a few we come into contact with. Although these may seem to appear the same, there are specific types of communities such as a discourse community. A discourse community is a group of people involved in and communicating about a particular topic, issue, or in a particular field (Webcourses, N.d, Website) that has a share a common set of goals and attempt to achieve these goals (SwalesRead MorePurdue University s Own Boiler Bhangra1233 Words   |  5 Pagesis one of the many distinct discourse communities on campus. The team was founded back in the spring of 2006, in an effort to shar e the unique culture and dance style of bhangra with the body of Purdue, as well as to compete on levels that range from local to national. The Boiler Bhangra team is a perfect example of Swales’ definition of a discourse community; that is, the team perfectly follows the requirements for a group to be considered a discourse community, as set by John Swales. One of theRead MoreQuestions On Pharmacy Discourse Community1560 Words   |  7 Pages2016 Project 1: Pharmacy Discourse Community †¢ What is a discourse community? In today’s world, everyone takes part in different discourse communities such as involuntary or academic memberships (Johns, 501). A discourse community is a group of dedicated people who share the same ideas, goals, and forms of communication about the field they are interested in. A discourse community has a broadly agreed set of common public goals† and â€Å"use communication to achieve these goals† (Swales, 471). As a freshmanRead MoreA Discourse Community Is A Group Of People Who Share A1490 Words   |  6 PagesA discourse community is a group of people who share a common goal, as well as communicate about a certain topic. John Swales, a linguist known for his genre analysis work, defines it as groups that have goals or purposes, and use communication to achieve these goals. Not only are these communities common across the world, but they are common in every area. These communities are so common that many are a part of one or many and aren’t aware o f it. According to Swales, there are six characteristicsRead MoreThe Franklin Road Church Youth Groups Are More Than Just a Religion1681 Words   |  7 PagesRoad Church of Christ youth group consists of youth of all ages. The group is divided into three subgroups: Tots for Christ (TFC), Kids for Christ (KFC), and the Senior Youth Group (SYG). In particular, for this essay I will be explaining how the Senior Youth Group is a discourse community. Franklin Road’s SYG consists of the ages 11-18. Within the group we do various things such as going to youth retreats, youth conferences, and many more; just to name a few. The group has been around for many yearsRead MoreThe Discourse Of A Discourse Community1224 Words   |  5 PagesA discourse community is defined as a group of people involved in and communicating about a particular topic, issue, or in a particular field. We all belong to multiple discourse communities.To earn a position of a discourse community one must possess accura te knowledge, establish reliability of members to be accepted and learn to persuade other members of the community. The discourse community that I identify with personally and the profession I plan to pursue is the world of film production. HoweverRead MoreDiscourse Community Essay1098 Words   |  5 PagesEnglish 101 section 61 9/16/14 A Discourse Community Have you ever been among people who are very much like you? That it does not matter what differences you have you all have a lot more in common. A member of 4-H constitutes a discourse community because of an agreed set of common public goals, level of membership, and something that provides information and feedback. An agreed set of public goals for our community is that as a whole group we do a lot of community service. For a couple of yearsRead MoreSpringboard Diving As A Discourse Community2107 Words   |  9 PagesSpringboard Diving as a Discourse Community The world of diving has been around since the 1800’s and has been seen at the Olympic games since 1904. It first started off being called â€Å"fancy-diving† where the aim was to plunge into the water and see who could achieve the furthest depth underwater. It then progressed and became more complex involving specific skills and dives which first only men were allowed to participate in, and later women came into the society. To this day, diving is one of theRead MoreThe Fantasy Football League1355 Words   |  5 PagesFantasy football is one discourse community that I participate in every year along with my friends and family. If a stranger were to listen to any conversations we were having about fantasy football, they may not understand some of the knowledge that is required of someone to contribute to the fantasy football domain. This is true because within a fantasy football league there are many different phrases and terminology that we would not use on a regular b asis. I would like to start off by explainingRead MoreLife As A Social Worker1574 Words   |  7 PagesSocial Worker Growing up, I would watch the people in my community. I picked up on the things we considered to be socially acceptable. My community is predominantly filled with Latino and African American culture. Though, both come from two different ethnic groups, beliefs and practices, they share a common socioeconomic factor. I remember observing the gang violence, prostitution, drug and alcohol abuse, and children wandering the streets. Most people coming from a higher income status would be

The Implementaion of Reverse Policy for Discrimination Free Essays

string(77) " rhetoric that pits equality of opportunity against the equality of results\." Should we be punished for the mistakes of our ancestors? In recent times, Affirmative Action has implemented policies of reverse discrimination to help oppressed minorities gain an advantage over majority groups in college admissions and in employment. The term â€Å"Affirmative Action† was originally used by President John F. Kennedy in 1961 when referring to his executive order that required all federal contractors treat their employees and applicants â€Å"without regard to their race, creed, color or national origin. We will write a custom essay sample on The Implementaion of Reverse Policy for Discrimination or any similar topic only for you Order Now † In 1965, President Lyndon B. Johnson issued Executive Order #11246 at Howard University that required federal contractors to undertake Affirmative Action to increase the number of minorities that they employ. He wanted to ensure that minorities were recruited to have real opportunities to be hired and then eventually get a promotion. In 1969, the Department of Labor exposed widespread racial discrimination of the Construction Department so President Richard M. Nixon decided to incorporate a system of â€Å"goals and timetables† to evaluate federal construction companies according to Affirmative Action. This idea of â€Å"goals and timetables† provided guidelines for companies to follow and comply with Affirmative Action regulations. During the presidency of Gerald R. Ford, he extended Affirmative Action to people with disabilities and Vietnam veterans but there were no goals or timetables for these two groups. This type of Affirmative Action required recruitment efforts, accessibility, accommodation and reviews of physical and mental job qualifications. President Jimmy Carter consolidated all federal agencies that were required by law to follow the Affirmative Action play into the Department of Labor. Before Carter did this, each agency handled Affirmative Action in its own individual way, some were not as consistent as other agencies were. He created the Office of Federal Contract Compliance Program (OFCCP) in 1978 to ensure compliance with the Affirmative Action policies. Affirmative Action began to go downhill when Ronald Reagan and later George Bush came into office. Affirmative Action lost some gains it had made and was more or less ignored by the Republicans in the White House and in Congress. Affirmative Action was silently being â€Å"killed† by our federal administrators. In the Civil Rights Act of 1964, initiated by Kennedy, and the Equal Opportunity Act of 1972, equal opportunity was established. While there was little controversy over equal opportunity, the main issue with Affirmative Action was equal results. Although equal opportunity was established with Kennedy’s original executive order in 1961, the statistical results showed that the number of minority workers employed or in certain higher level positions was not in proportion to the surrounding population, making the actual existence of equal opportunity suspect. As a result of this discrepancy, it became necessary to create more aggressive legislation that ensured equal opportunity and equal results. Title VII of the Civil Rights Act of 1964 required both, and new Affirmative Action programs were instituted to further support this. These programs range from encouraging minorities and women to apply for certain positions to setting up actual numerical goals, such as quota systems and set-aside programs. However, is Affirmative Action, as many critics assert, just passing on the oppression? The basis behind Affirmative Action is that because of past discrimination and oppression, such as the dispossession of Native Americans, the unequal treatment of women, and the enslavement of Black Americans, minorities and women have difficulty competing with their white male counterparts in mainstream American society. But is this true? Why must white males be oppressed by Affirmative Action just because their ancestors enslaved and oppressed another race and gender, and be victims of reverse discrimination in college admissions and employment? The U. S. Supreme Court has faced many cases regarding this controversial issue, including The Regents of the University of California v. Bakke. Bakke, a white medical student, was denied admission to a University of California medical school because of a quota system. Bakke claimed that he was a victim of â€Å"reverse discrimination† and sued. In a close decision, the Court ruled that schools might not enforce a rigid quota system if whites are not allowed to compete equally. The issue was still muddied, however, because in the same decision, the Court ruled that race could be used as a factor. The various regulations and court rulings have made Affirmative Action one of the most paradoxical issues facing America. On one hand, differing local, state, and federal laws require employers to avoid discrimination in up to nine criteria: race, color, sex, age, national origin, sexual preference, handicap, veterans’ status and religion. On the other hand, Affirmative Action rules also require certain employers, such as companies with federal contracts, to give preference to racial minorities, women, and others. Consequently, when considering both sides of the issue, it becomes apparent that reverse discrimination and preferential treatment of minorities is absolutely ludicrous when people are preaching equal rights and that â€Å"all men are created equal,† and that Affirmative Action should be outright abolished from all aspects of society as an unnecessary evil in order to ensure an equal playing field for all. Those who wish to retain Affirmative Action regulations argue that America has a moral obligation to right the wrongs of the past – that Blacks and other minorities, whose ancestors have suffered institutionalized discrimination for hundreds of years, have earned preferential treatment. Race-neutral hiring, say proponents, actually discriminates against minorities because the majority of available jobs are not advertised. Rather, they are learned about by word-of-mouth, and minorities are not plugged into the â€Å"old-boy networks† through which they might hear of these jobs. Affirmative Action must be maintained for minorities to rise above the glass ceiling to management positions, and for poor minorities to rise from poverty and unemployment. Affirmative action has been the subject of increasing debate and tension in American society, and through this heated debate, the fight between Angle males and minorities actually sets the two groups apart instead of bringing them together. However, the debate over affirmative action has become ensnared in rhetoric that pits equality of opportunity against the equality of results. You read "The Implementaion of Reverse Policy for Discrimination" in category "Essay examples" The debate has been more emotional than intellectual, and has generated more tension than shed light on the issue. Participants in the debate have over examined the ethical and moral issues that Affirmative Action raises while forgetting to scrutinize the system that has created the need for them. Too often, Affirmative Action is looked upon as the panacea for a nation once ill with, but now cured of, the virulent disease of racial discrimination. Affirmative Action is, and should be seen as, a temporary, partial, and perhaps even flawed remedy for past and continuing discrimination against historically marginalized and disenfranchised groups in American society. Working as it should, it affords groups greater equality of opportunity in a social context marked by substantial inequalities and structural forces that impede a fair assessment of their capabilities. However, its failure highlights the potential for an aura of racism in this country which may perpetuate for many generations on. As Martin Luther King once said, â€Å"I have a dream that my four little children will one day live in a nation where they will not be judged by the color of their skin, but by the content of their character. † Affirmative Action would make this dream virtually impossible, bringing race in as a factor in judging college admissions and employment. Those who want to eliminate Affirmative Action regulations argue that preferential programs encourage racial tensions when white students and workers feel they are not getting fair consideration. Why should whites suffer for society’s past mistakes? ask Anti-Affirmative Action activists who also note that Affirmative Action programs make whites the victims of reverse discrimination. Affirmative Action works against minorities, the argument continues, because it is assumed that an individual who benefits from such programs is automatically considered inferior to other candidates for jobs or schools, and because the majority who benefit from Affirmative Action are already middle-class, those most in need of the programs, rural and inner-city blacks, have gained nothing. Protestors against Affirmative Action have already taken steps to abolish the abominable doctrine through the passing of Proposition 209 in California. The measure would eliminate Affirmative Action programs used to increase hiring and promotion opportunities for state or local government jobs, where sex, race, and ethnicity are preferential factors in hiring, promotion, training, or recruitment decisions. In addition, the measure would eliminate programs that give preference to women-owned or minority-owned companies on public contracts. Contracts affected by the measure would include contracts for construction projects, purchases of computer equipment, and the hiring of consultants. These prohibitions would not apply to those government agencies that receive money under federal programs that require such Affirmative Action. The elimination of these programs would result in savings to the state and local governments. These savings would occur for two reasons. First, government agencies no longer would incur costs to administer the programs. Second, the prices paid on some government contracts would decrease. This would happen because bidders on contracts no longer would need to show †good faith efforts† to use minority-owned or women-owned subcontractors. Thus, state and local governments would save money to the extent they otherwise would have rejected a low bidder–because the bidder did not make a †good faith effort†Ã¢â‚¬â€œand awarded the contract to a higher bidder. The measure also could affect funding for public schools (kindergarten through grade 12) and community college programs. For instance, the measure could eliminate, or cause fundamental changes to, voluntary desegregation programs run by school districts. (It would not, however, affect court-ordered desegregation programs. ) Examples of desegregation spending that could be affected by the measure include the special funding given to †magnet† schools (in those cases where race or ethnicity are preferential factors in the admission of students to the schools) and designated †racially isolated minority schools† that are located in areas with high proportions of racial or ethnic minorities. Up to $60 million of state and local funds spent each year on voluntary desegregation programs may be affected by the measure. In addition, the measure would affect a variety of public school and community college programs such as counseling, tutoring, outreach, student financial aid, and financial aid to selected school districts in those cases where the programs provide preferences to individuals or schools based on race, sex, ethnicity, or national origin. Funds spent on these programs total at least $15 million each year. Eliminating Affirmative Action programs in America would thus save the government a substantial amount of money and pave the road for truly equal opportunity and treatment of all races. In light of the conflicting arguments for and against Affirmative Action, it is readily apparent that Affirmative Action essentially implements reverse discrimination as an â€Å"acceptable† solution to racial inequality in America, giving preferential treatment to minorities and women, and should thus be forbidden morally and legally if there is to be any sense of â€Å"color-blindness† in race relations in the future. As Daniel Boorstin once said, â€Å"The menace to America today is the emphasis on what separates us rather than what brings us together. † Truly, doing so would further separate embittered races and pit them against each other in heated debate and controversy. Calling for an alternative to Affirmative Action, Randall Kennedy states, â€Å"†We ought to construct a society and set of laws that focus on an individual’s character, not color of skin. If Affirmative Action should be banned and society should be â€Å"color-blind,† there should be an alternative to Affirmative Action to ensure this. There are a few possible alternatives to Affirmative Action, some of them are very simple and some are a little more complex. The alternatives include reconstruction of civil society in minority communities, increasing minority and female applicant flow, and most importantly promotion of broad policies for economic opportunity and security that benefit low- and middle-income Americans, both black and white. Building up civil society means strengthening ‘intermediate’ institutions, lying between the state and the individual, such as community associations, schools, media, and independent social agencies, which provide the organizational foundation for collective development and effective public representation. † If the same capital was made available for minority institutions as other institutions, they would be able to develop in the society and eventually become a strong part of the minority community. These institutions would give direction and guidance that is needed by all to play a major role in their community. Increasing minority and female applicant flow would be very easy for a company to do. They simply need to include minority colleges and universities in campus recruitment programs, place employment opportunities in minority oriented print and broadcast media, and retain applications of unemployed minority applicants to be reviewed as a position opens. This would be a great opportunity for applicants and employers. We should work toward broad based economic policies by consistently emphasizing broad-based, race-neutral policies; for example, public investment, national health reform, an enlarged earned income tax credit, child support assurance, and other policies benefiting families with young children. Widely supported programs that promote the interests of both lower- and middle-income Americans and that deliver substantial benefits to minorities on the basis of their economic condition will do more to reduce minority poverty than narrowly based, and poorly funded, measures for minority groups or the poor alone. These efforts can also be designed to coincide with intermediate institutions and thereby to contribute to the overall process of civil reconstruction and renewal. Ultimately, if there is to be any sense of racial equality and equal opportunity in this world, we must abolish Affirmative Action and ensure an equal playing field for all races in America. How to cite The Implementaion of Reverse Policy for Discrimination, Essay examples