G. (2) What are the MIRR’s advantages and disadvantages vis-à-vis the NPV? The advantage of MIRR is that it is an improved version of evaluating projects. It can be used to solve the problem of having multiple IRRs. For example, if you run IRR on a series of negative and positive cash flows , you will have two unique internal rate of return. The negative and positive cash flows will be treated equally if MIRR is used.
Strong weak relationship was measured using the distance (range) 0 to 1. Correlations have the possibility of testing the hypothesis of two directions (two-tailed). If the direct correlation was found a positive correlation; otherwise if the correlation coefficient is negative, correlation is not unidirectional. What is meant by the correlation coefficient is a statistical measurement covariant or association between two variables. If the correlation coefficient is found not equal to zero (0), then there is a relationship between two variables.
Then an Attribute Sampling plans are used. On the other hand, if the quality characteristic is quantitative (for example, the length or weight of an item), then either an Attribute or variable Plans may be employed. Attribute Sampling gives quality running information to conclude whether to accept or reject a lot of product that has already been produced, based on less than 100 percent enumeration. On the other hand Attribute Sampling presents characteristic information about the population as a whole, based on an inspection of a truly delegate sample (<100%) picked from the product of interest (lot), after material is sufficiently
Ultimately, program evaluations are performed by evaluators to assess the outcomes and efficiency of an organization. The research design for program evaluation includes: identifying stakeholders, examining the organization, defining program goals, measurable indicators, data collection, and data analysis. To begin with, evaluators need to
Identify and list each of the Five Forces. There are several tools that are apparently used to understand how the environment affects businesses whether positively or negatively. However, Carpenter, Bauer and Erdogan (2010) provided the Five Forces frequently used to analyze the competitive environment of a firm which was developed by Michael E. Porter in 1979. The Porter’s Five Forces includes Rivalry, New Entrants, Buyers, Suppliers, and Substitutes. To conceptualize these forces, it is appropriate to present them in a chart and this will be actualized in the next topic below.
The questionnaires were coded using a 5 point Likert scaling process that allowed the respondents to answer based on their feelings about the questions. The data was then turned into quantitative data sets that could be measured (Lambert & Paoline, 2008). There was significant variation in both dependent and independent variables (Lambert & Paoline, 2008). The focus groups were used to develop questionnaires, the data collected from the questionnaires were quantified for analysis using a 5 point Likert scale (Lambert & Paoline, 2008). Job stress, job satisfaction, organizational commitment, instrumental communication, formalization, input into decision making, promotional opportunity, dangerousness, job variety, and role strain were used.
Outline the similarities and differences between the Single Index Model (SIM) and the Capital Asset Pricing Model (CAPM). Justify which of the two models makes a better assessment of return of a security (25 marks). To reduce a firm’s specific risk or residual risk a portfolio should have negative covariance or rather it should have no variance at all, for large portfolios however calculating variance requires greater and sophisticated computing power. As such, Index models greatly decrease the computations needed to calculate the optimum portfolio. The use of such Index models also eliminates illogical or rather absurd results.
There are different strategies that must be considered by the organisations operating in hospitality industry. The contributions made by the firm donate towards the performance and achievement of the company. The purpose of this paper is to analyse the strategies of the hotel, which serves as the basis of success. This paper is divided into five different tasks each of which is focusing on various aspects of the hotels performance. The organisation that is selected in order to answer the tasks is InterContinental Hotel Group.
In the discounted utility model, it is implicitly assumed that there is no satiation due to consumption that is carried over across time periods. Thus the utility of consumption in a period remains unaffected by the consumption in the previous period. So the assumption that the utility in each period is computed afresh may be reasonable if the time interval between two periods is relatively large. Thus the total utility is simply the sum of the discounted utilities. The problem automatically arises when the time interval between two periods is relatively small and there is a lingering effect of previous consumption on the experienced utility of the current consumption.