The time value of money A rupee today is more valuable than a rupee a year hence. Thus money has time value this is because of several reasons:-1) Individuals‚ in general prefer current consumption to future consumption.2) In an inflationary period‚ a rupee today represents a greater real purchasing power than a rupee a year hence.3) Capital can be employed productively to generate positive returns. An investment of one rupee today would grow to (1+r) a year hence (r is the rate of return earned
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Values and ethics are of high importance in determining the nature of a society or a culture. They are used as complimentary terms but they mean different in literal sense. Values define personal character and refer to the beliefs that a person practices when he interacts in personal and social relationships. The conduct exhibited by the person in personal-social behaviors gives a correct evaluation of his morals. Values identify the way a person lives. Ethics are the codes or standards of conduct
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At least in India‚ the girl child has been a topic of discussions and debates for the past several decades but‚ even today‚ the position appears to remain unchanged. The girl was always an unwanted child‚ and was found killed at birth. With the advancement of Science and Technology this killing has only gone still further - for now the girl child is being killed even before birth. The present scenario in which the girl child is mercilessly killed even before birth‚ does not speak too well about
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Deforestation is a serious problem today‚ and has been for a long time. It is one of the greatest threats to nature on Earth‚ if not the single greatest. It is one root cause of soil erosion‚ the root cause of global warming‚ and the greatest contributor to the endangerment and extinction of so many species throughout the world. To understand deforestation though‚ one must know exactly what it is first. Therefore‚ deforestation is defined by the Encyclopedia Britannica Online as "The cutting down
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Nobel Laureate Mo Yan’s The Garlic Ballads: Saga of Suffering and Solitude (The Swedish Academy has unanimously chosen Mo Yan to be the Nobel Laureate in Literature for the year 2012. With more Chinese writers like Mo‚ the world could learn a more real China. The country faces a yawning gap between the rich and the poor‚ worsening environment pollution and an aging population. Paying more attention to such issues‚ Chinese writers may create more works that record the nation’s
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Chemistry Internal Assessment: Determining the Enthalpy Change of a Displacement Reaction AIM: To determine the enthalpy change for the reaction between copper(II) sulfate and zinc. BACKGROUND THEORY: Bond breaking is endothermic while bond forming is exothermic. The reaction between copper(ll) sulfate and zinc is exothermic as the energy required to form the bonds of the products is greater than the energy required to break the bonds of the reactants. In an exothermic reaction‚ heat is
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TIME VALUE OF MONEY (CHAPTER 4) 1. Future value (FV)‚ the value of a present amount at a future date‚ is calculated by applying compound interest over a specific time period. Present value (PV)‚ represents the dollar value today of a future amount‚ or the amount you would invest today at a given interest rate for a specified time period to equal the future amount. Financial managers prefer present value to future value because they typically make decisions at time zero‚ before the start of a
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1. What exactly do you understand by motivation ? If you were a manager who has been asked how to improve the motivation of employees in your company‚ what would you do ? 2. Consider the case of Southwest Airlines. Discuss the roles of leadership and culture in explaining the extraordinary success of the company . 3. What do you think are the most important characteristics necessary for effective leadership in today’s business environment ? Who do you regard as an outstanding leader and why
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Time Value of Money Time Value of Money (TVM) is an economic theory that suggests the idea that money available today is more valuable now versus the future. Three reasons for TVM are inflation‚ risk and liquidity (Investopedia‚ 2008). As a result‚ borrowers charge interest to ensure that the value of their money is not eroded by inflation. Inflation is an increase in the cost of goods and services provided. Risk is the possibility that an investment may yield different results than the results
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OB Define Values. Critically evaluate “Allport Vernon” classification of values. How values effect the business processes? Values are defined as the guide or systematic information stored in an individual to decide for him/her what is right or wrong for better well being. Values are a set of guidelines that inform your behavior within any given culture. Values form the basis of our behavior. They are the guiding principles behind our behavior and help us decide the dos and don’ts. For example
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