definitive merger agreement‚ wherein Bharti will acquire African operations of Zain Group. The deal was valued at an enterprise value of USD 10.7 billion or on an 8.2x EBITDA Multiple. Goldman Sachs has invested USD 450 million in online social networking portal Facebook‚ which is valued as the number one social networking network at USD 50 billion. At an enterprise value of USD 50 billion‚ Facebook is trading at a multiple of about 100 times of its earnings. Newspapers and television channels make
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The purpose of the corporation: Shareholder-value maximization? Finance Working Paper N°. 95/2005 Revised version: February 2006 Petra Joerg Institut für Finanzmanagement‚ Universität Bern Claudio Loderer Institut für Finanzmanagement‚ Universität Bern Lukas Roth The Pennsylvania State University Urs Waelchli Institut für Finanzmanagement‚ Universität Bern © Petra Joerg‚ Claudio Loderer‚ Lukas Roth and Urs Waelchli 2006. All rights reserved. Short sections of text‚ not to
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The value of freedom of speech | | Everybody has a right to his or her own opinion. Freedom of speech involves toleration of what may seem to you a great deal of nonsense and even of matters which are in bad taste. John Stuart Mill in his essay “On Liberty in Utilitarianism Etc.” stated his belief on the matter by saying‚ “There ought to exist the fullest liberty of professing and discussing‚ as a matter of ethical conviction‚ any doctrine‚ however immoral it might be considered.” | | |
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Value Engineering History‚ Evolution‚ and Today’s Principles Chad C. Dobbins January 3‚ 2012 Table of Contents Page Abstract ………….………………………………………………………………………………………………….. 3 Introduction ………………………………………………………………………………………………………. 4 Value Engineering Principles ………………………………………………………………….. 7 FAST Diagram Models …………………………………………………………………………………. 12 Conclusion …………………………………………………………………………………………………………… 17 References …………………………………………………………………………………………………………
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Values education is term used to name several things‚ and there is much academic controversy surrounding it. Some regard it as all aspects of the process by which teachers (and other adults) transmit values to pupils.[1] Others see it as an activity that can take place in any organisation during which people are assisted by others‚ who may be older‚ in a position of authority or are more experienced‚ to make explicit those values underlying their own behaviour‚ to assess the effectiveness of these
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(a) Discuss the absolute advantage theory and its relevance to international trade. John Solman and Mark Sutcliffe‚ Economics of Business‚ states that “that the reasons for international trade are just extensions of the reasons for trade within a nation and that instead of people or countries being self-sufficient it makes more sense to specialize in different trades’. Solman and Sutcliff advised that ‘firms or companies usually specialize in certain types of goods or services which allow them
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Definition of Value at Risk (VaR) Value at risk is a statistical technique which measures the level of financial risk in a portfolio over a specific time frame. For example‚ if a firm states that it has a 1% one week value at risk of $5 million; this would mean that for any given week‚ the firm would have a 1% chance of losing $5 million. In order words‚ 1 out of every 100 weeks‚ the firm would expect to have a loss of $5 million. This can be viewed as the standard deviation of portfolio value during
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Botox: Almost Trouble-Free New Faces Synopsis The Botox case illustrates the accidental success of a product developed for an entirely different purpose. Originally‚ Botox was used in the treatment of crossed-eyes‚ but ophthalmologists quickly learned that it would also erase wrinkles and frown lines around eyes. It wasn’t long before doctors across the United States were using Botox for treating wrinkles even though Allergan could not promote the product for this use. The case discusses
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The Army Values Loyalty "Bear true faith and allegiance to the U.S. constitution‚ the Army‚ and other soldiers. Be loyal to the nation and its heritage." I define loyalty as the willingness of a person to sacrifice at their own personal expense in order to protect‚ uphold‚ defend and edify those persons‚ ideals and/or things which they cherish most. The amount of loyalty a person feels towards someone or something determines how much they are willing to sacrifice for them. As a soldier‚ we
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This essay outlines the change of news and its value these days as the world advance with the most updated technology and tools‚ affecting the society that we live in. News is produced and manufactured as popular entertainment these days that the educative value of it is degraded to a huge extent. This essay will explain the contributing factors of the undesirable outcome of the tension between commercialization and journalism‚ also studying the impact of it. Society today is more developed due
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