VALUE ANALYSIS & VALUE ENGINEERING Value Analysis is an effective tool for cost reduction and the results accomplished are far greater. It improves the effectiveness of work that has been conventionally performed as it questions and probes into the very purpose‚ design‚ method of manufacture‚ etc.‚ of the product with a view to pinpointing unnecessary costs‚ obvious and hidden which can be eliminated without adversely affecting quality‚ efficiency‚ safety and other customer features. VALUE AND
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and Value Systems Chanell L Peters PSY/265 March 8‚ 2011 Lorry Bradley Sexuality and Value Systems Sexuality is one of those topics that everyone will have a different view. Depending on what values and beliefs shared‚ sex can range from casual and open to reserved and closed. Religion‚ culture‚ and personal beliefs all share a role in an individual’s sexual life. With all the value systems shared in our textbook‚ the following is the few I can relate with. Although each value shared
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Since I’ve been in JROTC I have improved on Army Values. There is seven different Army Values‚ Loyalty‚ Duty‚ Respect‚ Selfless Service‚ Honor‚ Integrity and Personal Courage. I believe if you carry these values they’ll make you a good cadet in JROTC. These values don’t only make you a good cadet in JROTC but also a better person in life. These values make cadets and leadership better fit for their job. I believe personally that Leadership is being able to lead others by a good example. Leadership
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Present value is where the value on a set date of a future payment is discounted to reflect the time value of money and other factors. This can also apply to a series of future payments. Present value calculations are commonly utilized in business and economics to provide a way to compare cash flows at different times. Present value can be described as the current worth of a future sum of money or stream of cash flows given a specified rate of return. (http://www.getobjects.com) Future cash flows
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. To find the PVA‚ we use the equation: PVA = C({1 – [1/(1 + r)]t } / r ) PVA = $60‚000{[1 – (1/1.0825)9 ] / .0825} PVA = $370‚947.84 The present value of the revenue is greater than the cost‚ so your company can afford the equipment. 7. Here we need to find the FVA. The equation to find the FVA is: FVA = C{[(1 + r)t – 1] / r} FVA for 20 years = $3‚000[(1.08520 – 1) / .085] FVA for 20 years = $145‚131.04 FVA for 40 years = $3‚000[(1.08540 – 1) / .085] FVA for 40
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Book value: The book value of ordinary share is the net worth of a corporation less the par value of preference shares outstanding divided by the number of ordinary shares outstanding. Suppose the net worth of a company contains the following information viz; Preference shares (Rs. 100 per share): 1000000.00 Ordinary share (Rs.5 per share): 1500000.00 Share premium:
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32 Attitudes and values in Chinese manufacturing companies A comparison with Japanese‚ South Korean and Hong Kong companies Ruth Alas Estonian Business School‚ Tallinn‚ Estonia Abstract Purpose – The purpose of this paper is to investigate employee values and work-related attitudes in Chinese manufacturing companies in comparison with values and attitudes in Japan‚ South Korea and Hong Kong. Design/methodology/approach – The paper will investigate employee values at the societal level
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Abstract: For a very long time‚ Values have been considered extremely important in the basic functioning of the organization – to explain the action in and around organizations. The formation of organizational values takes place within the sphere of influence of external and internal forces‚ and therefore‚ a combination of several important determinants should be taken into account in order to understand the rationale behind the values held by organizations. Introduction We have had great leaders
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From brand values to customer value Martin Christopher Recently there has been a growing tide of articles‚ papers and even conferences devoted to the question of the future of marketing (see‚ for example Brady and Davis‚ 1993; Coopers & Lybrand‚ 1993; Mitchell‚ 1994). Essentially‚ the point at issue is whether “traditional” marketing is appropriate for the conditions that now prevail in the late twentieth century. The basic principle of marketing still applies‚ that is the focus of the business
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Value Chain Analysis “Value chain analysis (VCA) is a process where a firm identifies its primary and support activities that add value to its final product and then analyze these activities to reduce costs or increase differentiation.” The concept comes from business management and was first described and popularized by Michael Porter in Competitive Advantage: Creating and Sustaining Superior Performance 1985 The activity of a diamond cutter can illustrate the difference between cost and
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