...STRATEGIC FINANCE Student I.D.#: SP16-EX-0053 Program: MBA Name: Malik.M.Umair Wasif Student I.D.#: SP16-EX-0053 Program: MBA Course Title: A.R.M Instructor: Sir Umair Baig TABLE OF CONTENT S.NO. | CONTENTS | PAGE NO. | 1 | Scope of the research paper | 3 | 2 | Introduction | 3 | 3 | Research methodology | 3-4 | 4 | Conclusion | 4 | 5 | Limitations and future direction of research | 4-5 | | (a) Limitations | 4 | | (b) Future direction of research | 5 | BEST PRACTICES IN ESTIMATING COST OF CAPITAL 1. THE SCOPE OF THE RESEARCH PAPER: It is a survey research paper presenting the results of the cost of capital survey of advisors, corporations etc showing a close alignment among the groups on the use of common theoretical framework and on many aspects of estimation. Variations are found on large number of joint choices regarding cost of capital. 2. INTRODUCTION TO THE TOPIC: The paper is about presenting evidence that how some of the most financially sophisticated companies and financial advisers estimate capital cost. The evidence to be presents is valuable in several aspects. First is to identify the most important ambiguities in the application of cost of capital theory and the second is helping interested companies benchmarking their cost of capital estimation practices against best practice peers. Third is that the evidence sheds light on the accuracy with which the capital costs can be reasonably estimated. The cost of capital can...
Words: 2961 - Pages: 12
...Task 3 D1: Evaluate the appropriateness of business information used to make strategic decisions Finance The finance department collects information from each department and will compare which are doing well and which are not, they will also compare their information with their competitors. The information they receive will help them to make improvements on the stores that are not doing so well. The finance department will also make future targets for the business to achieve. Tesco finance department collect information about their sales/profit figures and put it in a report for end of the year, this is also can be used to compare with their previous years to improve. A way a business would obtain financial information is through deducting the cost by the profit in order to find out the operating costs. It will also be used to set budgets. Analyse sales, and also predict profits. Tesco financial information will help them to plan future budgets and spending’s. The information will also help them on how well their stores are doing. The advantage for Tesco is they can make improvements on which areas their business is not doing well and they can compare their previous year to make improvements on. Another disadvantage is Tesco can check their competitors finance reports to help with information to improve. When you manage your finances well, you know exactly what you're spending and what you're earning. You also know when funds will be available. The Financial managers...
Words: 704 - Pages: 3
...Executive summary This report presents a detailed financial performance analysis of Woolworths Limited for Financial Years (FY) 2013 and 2014. The report takes an approach that aims to highlight industry trends before commenting on the financial performance of the company. This critical analysis is carried out through the examination of important financial ratios to assess the short-term solvency (liquidity), long-term solvency, profitability, management’s efficiency, and market based ratios of Woolworths. Finally, the report ends with a concluding comment offering input on the managerial directions that are currently taken by Woolworths and how market value will continue to increase based on sound decisions and management. Table of contents 1. Introduction............................................................................................................... 7 2. Economic Outlooks…............................................................................................... 7 3. Industry Profile………………….............................................................................. 7 4. Ratio Analyses…………………………………………………….......................... 8 4.1 Liquidity Analysis................................................................................................... 8 4.2 Long-Term Solvency Analysis.................................................................................9 4.3 Profitability Analysis......................................
Words: 3378 - Pages: 14
...transactions in financial instruments whose price is directly ... Nestle Financial analyst profiles | LinkedIn www.linkedin.com/title/financial+analyst/at-nestle/ Financial analysts at Nestle are on LinkedIn. ... Summary: Senior Finance Manager | Financial Controller and member of Top Level Finance Management Team ... Nestle Financial Overall Company Size: Related Documents www.technologyevaluation.com/.../nestle-financial-overall-company-size... Featured Documents related to » nestle financial overall company size. ad. Get Free ... Throw Away Your Financial Statements: Managing by Metrics Analyzing ... [PDF] James Singh: Leading Nestlé's House of Finance - IMA www.imanet.org/PDFs/Public/SF/.../09_2011_sjoblom_kim_revised.pdf Sep 9, 2011 - fessor of financial management at IMD, for Strategic Finance about the organization of finance at Nestlé, the changing role of the CFO, his. Contemporary Financial Management - Page xii - Google Books Result books.google.com.lb/books?isbn=1133421547 R. Charles Moyer, James McGuigan, Ramesh Rao - 2011 - Business & Economics Other Financial Risk Measures 514 EBIT-EPS Analysis 515 Cash Insolvency ... 524 International Issues: Balancing Operating and Financial I-i'isks at Nestle 526 ... The European Financial Review » Management New » Nestlé ... www.europeanfinancialreview.com/?p=6281 Feb 20, 2013 - By Bettina Büchel & Christopher...
Words: 2413 - Pages: 10
...“Must Finance and Strategy Clash?” “Good project evaluation considers all the relevant factors, including hard quantifying costs and benefits. It also takes into account the more neglected consequences of not investing. It recognized the value of opening up options and, by not arbitrarily restricting the time horizon of setting discount rate too high, avoids undervaluing long-term projects. Understanding project evaluation is easy. Doing it is the real challenge.” The above argument is stating that you always need to consider every possible outcome of a project. I completely agree with this statement because whether or not your project is a success or failure, you need to make sure you’ve covered every angle and eliminate the chance of surprise or uncertainty. Every angle consists of the marketing side as well as the financial side seeing as these two sides are in a constant tug of war with each other as to whether an investment is a good one or not. From the financial side, a good investment is one with a positive net present value and whose value exceeds its costs. From the marketing perspective, a good investment must pass two tests: does the product or service have enough value to enough customers to support prices and volumes that exceed the costs of capital and does the company have enough sources of sustainable competitive advantages to exploit, develop, and defend the opportunity? If correctly applied, good financial analysis complements rather then contradicts...
Words: 941 - Pages: 4
...higher 工科: IELTS of 6.5 (no component under 6.0) or equivalent [pic][pic][pic] TOEFL: Internet-based score of 92 (minimum 19 listening, 21 speaking, 19 writing and 20 reading) PTE (Pearson): 62 (minimum 55 in all components) Test dates should be within two years of the course start date. 2. ST ANDREWS 圣安Scotland MLitt International Business MLitt Marketing MSc Economics MLitt English Studies MSc Finance MLitt Finance and Management MLitt Human Resource Management MLitt International Business and Strategy MLitt Management MSc Management and Information Technology MSc Computing and Information Technology MSc Information Technology MLitt TESOL with Distance Learning 2:1 (UK), 2:2 or B+ (Europe), 3.6 GPA (USA), 85% (China), 70% (India) IELTS 7.0 with minimum 6.0 in writing or TOEFL 600PBT/100IBT £17,500 NO GMAT Requirement, 2+2 students’ IETLS may can be waived. 3. Bath 巴斯 England The School of Management: No 1 for Accounting and Finance in UK No. 1 for Student Satisfaction in Business Study in UK No 1 for Graduate Jobs in Business No 2 and No 11 in UK and World Ranking in MBA study Management: 44 (0) 1225 386742 MSc in Management MSc in Human Resource Management and Consulting MSc in Sustainability and Management MSc in International Management MSc in Advanced...
Words: 10116 - Pages: 41
...MGT-401 | Fundamentals of Management | | 6 | ECO-401 | Economics for Managers | | 7 | FIN-401 | Fundamentals of Finance/Introduction to Finance | | 8 | MKT-401 | Principles of Marketing | | 9 | HRM -501 | Human Resource Management | | 10 | BUS-403 | Legal Environment in Business | | 11 | MGT-402 | Organizational Behavior and Leadership Development | | 12 | MAT-402 | Quantitative Methods and Techniques in Business(A) | | 13 | MAT-402 | Quantitative Methods and Techniques in Business(B) | | 14 | BUS-404 | Research Methods in Business (Section-A) | | 15 | BUS-404 | Research Methods in Business (Section-B) | | | | Functional Courses | | | | Major in Finance | | 16 | FIN-501 | Financial Management | | | | | | 17 | FIN-502 | Financial Institutions and Market | | | | | | | | Major in Marketing | | 18 | MKT-501 | Marketing Management | | 19 | MKT-502 | Consumer Behavior | | | | Major in Human Resource Management | | 20 | HRM-502 | Comparative Human Resource Management | | | | Major in Accounting | | | | | | | | Capstone Courses (Compulsory for all) | | 21 | MGT-501 | Strategic Management (A) | | 22 | MGT-501 | Strategic Management (B) | | Major Courses | | Major in Finance | | 23 | FIN-503 | Corporate Finance | | 24 | FIN-505 | Working Capital Management | | 25 | FIN-506 | International Financial...
Words: 341 - Pages: 2
...operations, fixed broadband operations and television operations. However the actual operations differ from the above and are segmented into three tiers namely Customer facing units, Business units and Service units. The later segmentation is used in the strategic and financial planning process. Customer facing unit Business units Service Units Enterprise customers Individual customers Corporate Finance Corporate Planning HR Technical Support Operations Dialog TV Dialog Broadband E-Commerce Dialog Mobile Network Infrastructure G-Box Strategic planning process Axiata, the parent company of Dialog, sets macro financial targets for each of its subsidiaries taking into account the Axiata’s vision and objectives, economic factors of the respective countries (i.e. GDP growth, inflation, interest rates), mobile penetration, broadband penetration, government policies and initiatives of competitors etc. Dialog which is one of the subsidiaries of Axiata sets their strategic and financial plans according to those objectives. Dialog usually sets two types of strategic plans. 1. Long Range Strategic Plans for seven year period 2. Medium term plans for three to five years Long Range Plan Dialog sets a long range plan for a seven years period. When setting medium term plans the long range plan is referred. Medium...
Words: 1080 - Pages: 5
...MASTER OF BUSINESS ADMINISTRATION - BOOK LIST MBA YEAR 1 MODULE Management and Organisational Behaviour Management and Organisational Behaviour Managerial Economics TEXTBOOK Prescribed Book: Contemporary Management 4th Edition Recommended Book: Management and Organisational Behaviuor Prescribed Book: Managerial Economics - An Analysis of Business Issues 3rd Edition AUTHOR / EDITOR Garett Jones PUBLISHER McGrawHill Laurie J.Mullins Prentice Hall Howard Davies & Pun-Lee Lam Prentice Hall Managerial Economics Recommended Book: Economics for South African Mohr P, Faurie and Associates Students 3rd Edition Prescribed Book: Applied Business Statistics: Methods Trevor Wegner and Applications Recommended Book: Quantitative Methods for Decision Makers 4th Edition Van Schalk Managerial Statistics Juta Managerial Statistics Mike Wisniewski Prentice Hall Prescribed Book: Management Management Information Information Systems Systems - Managing the Digital Firm 9th Edition Recommended Book: Management Essentials of Business Information Systems Information Systems 7th Edition Prescribed Book: Accounting for NonFinancial and Accounting Students 6th Managerial Edition Accounting Recommended Book: Fundamentals of Cost and Financial and Management Accounting 5th Managerial Edition Accounting Marketing Management Marketing Management Kenneth C Laudon, Jane P Laudon Prentice Hall Kenneth C Laudon, Jane P Laudon Prentice Hall Dyson JR ...
Words: 377 - Pages: 2
...Team motto: “Full effort is full victory“ (Mahatma Gandhi) Relationship between Finance and Strategy • Finance helps align Strategy to reality, while from another angle, Financial decisions need to be aligned to Strategy and to an organization’s strategic objectives: o Finance helps measure the effectiveness of strategy by giving it metrics through which it can be evaluated on. These metrics help determine which strategy can create the most value for a certain organization; o Finance and Strategy work in tandem and in continuous cycles. Strategy is used to formulate and identify long term goals and means of achieving such goals. Finance goes on to align strategy with reality, providing metrics to evaluate its effectiveness; o Finance plays part in the Strategic decision making, as financing choices and capital raising strategies (debt vs. equity) will impact the value and the image of the firm, this is a topic of concern to the decision makers. • Both Finance and Strategy are concerned with value creation for their stakeholders whether it is the shareholders, the employees, the management etc. Strategy from a qualitative point-of-view (for instance by finding the drivers of competitive advantage for the stockholders and devising means to exert some pressure on those drivers in order to create value). While Finance is quantitative, meaning that it is a measure of the created value resulting from the strategy. This is more about determining the exact...
Words: 349 - Pages: 2
...International business & Finance Submitted to: Professor Abdul Khaliq Submitted by: Aamara Shabbir MC11-041 Shaista Munawwar MC11-036 Salma Muqaddas MC11-049 Mariya Bukhari MC11-037 Sara Qasim MC11-048 Ammarah Chaudhary MC11-035 Ameena Ghafoor MC11-010 Hailey College Of Commerce, University Of The Punjab, Lahore Lahore Transport Company VISION “A sustainable Lahore Transport Company through sustainable Public Transport” MISSION “Plan & facilitate a high quality, safe, efficient, environment friendly & affordable Urban Transport in Lahore City” Lahore Transport Company (LTC) has been established under the provisions of Provincial Motor Vehicles Ordinance (Amendment) Act 2009 as an Urban Transport Company. Government of Punjab notified the company vide. No. SO (NTS) 2-88/2009 dated 1st Dec., 2009. LTC has been registered under section 42 of Companies Ordinance 1984. LTC is primarily a regulation body which has been tasked to ensure a smooth running transport system in Lahore which will provide the commuters a safe, efficient and affordable transport service. LTC is expected to be a self sustaining organ of the Government of Punjab. As per the provisions of the said ordinance, LTC is now the sole organ responsible for custody of all transport infrastructures in Lahore and its operations through a network of private operators. This infrastructure...
Words: 790 - Pages: 4
...U05A1 Atha Executive Plan Human Resource Functional Area Accounting and Finance Functional Area Debra Marzett Instructor: Crystal Neumann Spring Quarter 2013 BUS3011 May 10, 2013 CONTENTS Executive Summary 4 Purpose Statement 5 Human Resource 5 Accounting and Finance 5 Goals and Activities 6 Human Resource 6 Accounting and Finance 7 Organizational Structure 8 Human Resource 8 Accounting and Finance: 9 Interview Questions 10 Human Resource Generalist 10 Accounting and Finance Analyst 11 Performance Standards 12 Human Resource 12 Accounting and Finance 13 Conclusion 14 References 15 Appendix I 16 a. Strategic Alignment Worksheet: Human Resource 16 1.0 Goals and Activities: 16 2.0 Interview Questions: 17 3.0 Purpose Statement: 18 4.0 Performance Standards: 18 b. Strategic Alignment Worksheet: Accounting and Finance 19 1.0 Goals and Activities 19 2.0 Interview Questions: 20 3.0 Purpose Statement: 20 4.0 Performance Standards: 20 Appendix II 22 a. Human Resource Organizational Chart: 22 b. Accounting and Finance Organizational Chart 23 Executive Summary The project is an executive plan prepare for Atha Corporation owner Mary Atha whose goal is to double the company’s sales in the next year. There is an overview of the Human Resource, Accounting, and Finance functional areas purpose statement and how each promotes trust, motivates, and supports collaboration. Incorporated in the plan is the evaluation of how the purpose, relevance, planning, decision-making and organizing influences...
Words: 4885 - Pages: 20
...Journal Of Financial And Strategic Decisions Volume 10 Number 3 Fall 1997 STRATEGIC ASSETS, CAPITAL STRUCTURE, AND FIRM PERFORMANCE Rahul Kochhar* Abstract Possession of strategic assets is a necessary condition for sustained competitive advantage. This condition is, however, not sufficient. Firms require financial management capability to realize the rents present in their strategic assets. The firm-specific nature of strategic assets implies that they be financed primarily through equity; other less specific assets should be financed through debt. Firms are likely to suffer increased costs and decreased performance if they do not adopt suitable governance structures in their transactions with potential suppliers of funds. INTRODUCTION The recently developed “resource-based view of the firm” seeks to focus the attention of researchers and managers alike on the unique and hard-to-copy strategic assets of the firm [7, 61]. Firms earn economic rents from these assets when there is an initial level of asymmetry in resource endowments, there is imperfect mobility of these assets, the market for these assets is imperfect, and competitors cannot easily obtain similar assets [2, 6, 7, 20, 24, 48]. Strategic assets provide the firm with a source of steady stream of rents so that it gains a sustained competitive advantage over its rivals. While researchers in this area have a general agreement over the characteristics of strategic assets (albeit adopting slightly different terminology...
Words: 8274 - Pages: 34
...The Crucial Roles of Professional Accountants in Business in Mid-Sized Enterprises Professional Accountants in Business Committee International Federation of Accountants 545 Fifth Avenue, 14th Floor New York, New York 10017 USA The mission of the International Federation of Accountants (IFAC) is to serve the public interest, strengthen the worldwide accountancy profession and contribute to the development of strong international economies by establishing and promoting adherence to high-quality professional standards, furthering the international convergence of such standards and speaking out on public interest issues where the profession’s expertise is most relevant. This publication was prepared by IFAC’s Professional Accountants in Business (PAIB) Committee. The PAIB Committee serves IFAC member bodies and the more than one million professional accountants worldwide who work in commerce, industry, the public sector, education, and the not-for-profit sector. Its aim is to enhance the role of professional accountants in business by encouraging and facilitating the global development and exchange of knowledge and best practices. This publication may be downloaded free-of-charge from the IFAC Web site at http://www.ifac.org. The approved text is published in the English language. Copyright © September 2008 by the International Federation of Accountants (IFAC). All rights reserved. Permission is granted to make copies of this work provided that such copies are for use in...
Words: 21050 - Pages: 85
...having an ACCA accreditation, I can also have other career opportunities such as auditor, manager, tax agent and so on besides account. I believe I can have a bright future, hence this lead me to choose accounting course. During previous diploma course, the main subjects I have studied are Basic Taxation, Corporate law and Governance, Management Accounting, Principle of Auditing, Business Economics and Finance Accounting. Studying these subjects, I have gained more understanding and knowledge about accounting course. It is not just about numbers but also included accounting principles, framework, and economy of countries and also cost management. These helped me build a strong foundation and allowed me to pursue further in advance diploma that I am currently undertaking. Advance diploma accounting course has provided me with more detailed knowledge about this course. The subjects included in advance diploma course are Strategic Planning and Management, Corporate Governance and Ethic, Finance Reporting and Current Issue, Advance Taxation, Performance Management and Strategic Financial Management. With such wide knowledge, it has helped me in more ways than I could ever imagine by providing a strong base to pursue the degree course and also in the future work undertakings. In the future, after completing my degree in Sheffield Hallam University, I wish to apply my knowledge into my future job and gain practical knowledge in real working world. I believe the theories I learnt...
Words: 314 - Pages: 2
