rP os t UV0517 DARDEN CAPITAL MANAGEMENT THE MONTICELLO FUND op yo In early April 2004‚ the Monticello Fund Management Team was in the midst of its first meeting of the new fiscal year. The team was part of the Darden Capital Management program at the Darden Graduate School of Business Administration‚ where MBA students were entrusted with managing endowment capital for the school foundation. The program sought to prepare its participants for careers in investment analysis and
Premium Rate of return Stock The Return
Marketing Segmentation Variables Employed by Darden Restaurants Targeting the Sit-Down Dining Market Darden Restaurants serve more than 400 million meals every year in more than 1‚800 restaurants across the United States. Bringing in over $7 billion of revenue per year‚ Darden Restaurants strategically target different consumer demographics based on several segmentation variables to achieve the high level of market share they take pride in. For those reasons and more‚ the multi-brand restaurant
Premium Darden Restaurants Red Lobster
I. Summary: The Teletech Corporation is a U.S company that provides integrated information movement and management. It has two main business divisions‚ which are The Telecommunication Services‚ and The Products and Systems. In Telecommunication Services division‚ it primarily provided many kinds of phone service to business and residential customers. In fact‚ it performed a network for 7 million customer lines throughout Southwest and Midwest. The division archived an increasing average rate of 3%
Premium Weighted average cost of capital Investment Telecommunication
Marketing 11e Armstrong/Kotler Company Case 6‚ “Darden Restaurants: Balancing Standardization and Differentiation.” (p. A10)‚ Question 1 Behavioral Segmentation - The sit-down market segment has been experiencing a decline in the number of customers who are patronizing to sit-down style restaurants such as those owned by Darden. It is believed that this is a result of the economic decline may be prompting customers to be more careful in the use of their discretional income. Geographic Segmentation
Premium Darden Restaurants Psychographic
Background Headquartered in Texas‚ Teletech Corporation operates under two main business segments: the Telecommunications Services segment‚ providing various telephone services to business and residential customers and the Products & Systems segment‚ which manufactures computing and telecommunications equipment. In late 2005‚ the Securities & Exchange Commission revealed that billionaire Victor Yossarian acquired a 10% stake in Teletech and demanded two seats on the board of directors. He felt
Premium Investment Weighted average cost of capital Financial ratios
Teletech Corporation Background of the case Victor Yoarian‚ a reclusive billionaire had acquired a 10 percent stake of a telecommunications company named Teletech Corporation and has demnded two seats on the firm’s board of directors. Headquartered in Dallas‚ Texas defines itself as a “provider of integrated information movement and management.” The firm had two main business segments: Telecommunications Services‚ which provides long-distance‚ local and cellular telephone service to business
Premium Telephone Business Consumer
Statement of Problem Teletech Corporation’s CFO‚ Margaret Weston needs to decide three things. (1) What are the appropriate hurdle rates for each segment of their business? (2) Is the Products and Systems segment underperforming? And (3) How should Teletech respond to the raider Victor Yossarian? Facts and Assumptions Teletech Corporation has two distinct business segments‚ the more established Telecommunications Services segment‚ and the recently added Products and Systems segment. These two
Premium Weighted average cost of capital
1. How does Teletech currently use the hurdle rate? Teletech currently uses the hurdle rate in the assessment of the firm’s economic profit and NPV. The rate is based on an estimate of Teletech’s WACC. Currently‚ the hurdle rate for Teletech is 10.407%‚ using data in Figure 1. The case rounds this number to 10.41% 2. What are the segment WACCs for Teletech? What assumptions do you have to make to do these calculations? Using the data in Figure 1‚ we can calculate the WACC for the
Premium Investment Finance Weighted average cost of capital
not. Darden Restaurants is the world’s largest full service restaurant chain and offers many competitive advantages. During the current economy‚ many firms are closing their doors and turning to other forms of work. Darden’s economic trends and strategies are discussed and also the tactics to achieve these strategies. Darden has an excellent human resources department and the managers within this department are some of the best in the industry. They play an integral role in helping Darden continue
Premium Economics Human resources Employment
Teletech has two business segments‚ Telecommunications Services and Products and Systems unit‚ for the last couple of months senior management at Teletech Corporation had been discussing returns. However‚ only until they received the letter from Victor Yossarian did they decide to spin into action and review the company’s returns‚ the hurdle rate that was being used company wise and not by business segments‚ the annual capital budget situation‚ the review of new possible policies‚ and finally they
Premium Investment Net present value Capital budgeting