Marriott Case 1. What is the WACC for Marriott Corporation? Cost of Debt Tax Rate We determined this number by taking income taxes paid/EBITDA = 175.9/398.9 = 44.1% Return on debt There are two clear components of debt: fixed and floating. In order to get the fixed debt rate we took the interest rates on fixed-rate government securities and added the premium
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HBR Case #1 Marriott Corporation: The Cost of Capital Group 16—Tutorial Mon 11:30am Group members LIU Ying‚ Chloe | 1155019350 | LUO Yingying‚ Irika | 1155020931 | TIAN Tian‚ Sarah | 1155019114 | WU Jiajie‚ Jesse | 1155019061 | 17 September 2012 Executive Summary By 1987‚ Marriott Corporation had grown into a large multi-dimensional company with over $5 billion assets in lodging‚ contract services and restaurants. The company enjoyed fast growth in both sales and assets at around
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Business Management | What is diversity? | Sholunda Cruz Business Management 5/20/2011 Diversity is becoming an increasingly important factor in not only organizational life but organizations world-wide as well. As organizations are taking that leap into globalization there becomes a need to know about different cultures and how they function. Globalization has become a prominent factor in many companies. In order for companies to be able to compete they need to have a multicultural variety
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Sheet1 Marriott Cost of Capital Lodging Division Tax Rate 0.44 Equity Beta D/D+S Lodging Hilton Holiday La Quinta Ramada Average 0.76 1.35 0.89 1.36 1.09 14% 79% 69% 65% 0.5675 S/D+S 86% 21% 31% 35% 0.4325 D/S Unlevered Beta 0.16 3.76 2.23 1.86 2.00 0.65 0.28 0.28 0.48 0.42 Target D/D+S Target D/S Levered Beta 74% 2.85 1.62 Costs of Equity: Rf Lodging MRP 8.95% 7.43% Beta Requity 1.62 21.02% Costs of Debt: Rf Lodging 8.95% Spread Tax rate Rdebt(1-T) 1.10% 0.44 0.0563 WACCs: Lodging
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Prevention and Management of Workplace Violence Submitted by Your name Course title Instructor name Date of submission University name • Define workplace violence • What type of strategies or interventions should HR management adopt to protect employees while at work? Prevention and Management of Workplace Violence Work place violence can be described as threatening‚ abusing‚ and physically harm to employees at the workplace. For example a Spanish teacher who came with Ak-47 in a guitar
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[pic] Final year project What can person do to become an effective communicator in diversity workplace within China? Abstract With the progress of science and technology‚ the continuous development of economy and China ’s entering into WTO‚ many foreigners set up a factory and come to work in China. Now China is facing a situation of diverse workforce. Therefore‚ how to become an effective communicator is a hot topic in China. The purpose of this study is to
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What makes America such a great place to live is the experiences and the positive gains from ethnic diversity. In America‚ you can take an adventure and learn to speak Spanish‚ eat Indian food‚ dress like the Japanese‚ listen to Australian music with a group of Brazilian friends and still be American. Building optimistic synergy through cultural assortment is what makes the United States of America an original place. However‚ it is not the greetings we learn or the languages we can speak‚ it is the
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Feedback Form Name of learner: | Andreea Vasile | Programme: | | Equality and Diversity | Unit Number: | Unit 1 | PASS | | RESUB | XXX | Date: | 8/4/13 | Tutor | Jacqui Steele | Signature: | Jacqui Steele | Total Time: | 3 hours40 minutes | Type of Contact (please circle) | Face to Face | Telephone | E-mail | RWF/Assessment | Other | Unit 1: Exploring Equality and Diversity This is a great start to Unit 1‚ where you have provided some interesting answers. In order
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Businesses are recognizing the need and importance of investing in diversity and inclusion as part of their overall talent management practices and to continually challenge their organizations to make the connection between those principles and their corporate performance.. Diversity is especially crucial in today’s global marketplace‚ as companies interact with different cultures and clients. The payoffs touch every area of the business by potentially resulting in increased creativity‚ increased
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Discrimination often reflects an abuse of power within an organisation‚ where members of one group of people yield greater power than others‚ generally women. It is linked with women’s disadvantaged status at work and‚ more generally‚ in society.(Frazier‚ P. A. and Cohen‚ B. B. (1992) ‘Research on the Gender bias against women: implications for counsellor training’. The Counselling Psychologist. 20: 141-158.) The matters of blatant employment dicrimination or sexual harrasment at work seems to be
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