Evaluating Business Communication Christina M. Canfield BCOM/230 Tammie Holland February 10‚ 2013 Evaluating Business Communication Learning Team B was assigned to write four types of business communications. The four types of communication learning team B selected to do was text message between John Smith (accounting manager) and John’s accounting peers‚ an email between Mark (sales manager) and Beth (staff accountant)‚ letter between Dana (marketing manager)
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Evaluating Business Communication BCOM/230 Abstract This paper includes the perception of four communiqués. This type of perception is a description of whether these reports are accurate‚ ethical‚ and in the correct format. This paper gives a description of the form of leadership and the accuracy of the reports in this type of leadership. Evaluating Business Communication When writing a business communiqué an individual has to consider several variables. The purpose‚ audience‚ and leadership
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Shayne Laidler Barnes What would happen if marijuana were legalized tomorrow? As the New Year comes so do new laws‚ especially those that have to do with medical and recreational use of marijuana in the United States. As our social and political landscapes are rapidly changing more and more states are passing pro-medicinal marijuana legislation. Currently there are 17 states that approved of pro-marijuana ballot initiatives‚ but not all of them have officially approved cannabis for medical use
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There is certainly no formula to become a successful entrepreneur. Some may succeed and make good profits‚ others sink along the way. Which are the most lucrative sectors for entrepreneurs? Here’s a list of 20 good opportunities entrepreneurs can look at... 1. Tourism Tourism is a booming industry in India. With the number of domestic and international tourists rising every year‚ this is one hot sector entrepreneurs must focus on. India with its diverse culture and rich heritage has a lot to
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Marriott Corporation : The Cost of Capital( Abridged) (บริษัท Marriott : ต้นทุนของเงินทุน (สรุป) ในเดือนเมษายน 1988 Dan Cohrs รองประธานของโครงการการเงินที่บริษัท Marriott ได้มีการเตรียมตัวแนะนำรายปีสำหรับ Hurdle rates(อัตราส่วนลด)ของแต่ละแผนก 3 แผนก โครงการการลงทุนแต่ละจะถูกคัดเลือกโดยอัตราส่วนลดที่เหมาะสมของ แต่ละแผนก ในปี 1987 Marriott มียอดขายเติบโต 24 % ละ ROE มียอดขาย 22% และรายได้ต่อหุ้นเพิ่มขึ้น 2 เท่า จากเมื่อ4ปีก่อน และกลยุทธ์การดำเนินการมีเป้าหมายตามแนวโน้มนี้ต่อไป
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leadership and the accuracy of the reports in this type of leadership. Evaluating Business Communication When writing a business communiqué a person must consider several variables. The audience‚ purpose‚ and leadership type of the company must be considered when reporting on a decision. This student was asked to review four communiqués and decide if these reports were accurate‚ and correct in the reporting styles used. Below is the breakdown of this student opinion on the reports. This student
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Marriott Corporation: The Cost of Capital (Abridged) 1. How does Marriott use its estimate of cost of capital? Does this make sense? Marriot use cost of capital as the hurdle rate (minimum rate of return required to accept the project) to discount future cash flows for the investment projects of the three lines of business (Lodging‚ Contract Services and Restaurants). They use this rate to calculate NPV and net present value over cost to decide for the profit rate. Since cost of the project
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WACC calculation: 1) Lodaging: For Risk free rate‚ we use the 30-year U.S. government interest rate to match the duration of lodge. rf = 8.95% For the expected return of the market portfolio‚ we use the average of S&P 500 index returns from 1926 – 87 as the proxy. rm = 12.01% Therefore‚ the Market Risk Premium‚ MRP = rm - rf = 12.01% - 8.95% = 3.06% The debt rate spread of lodging = 1.10% βD = spread of lodging / MRP = 1.1 / 3.06 = 0.3595 rD = rf + MRP * βD = 8.95% + 3.06% * 0.3595
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Executive Summary We found the weighted average cost of capital for Marriott as a whole to be 9.68%. The divisions of Lodging‚ Contract Services and Restaurants had WACCs of 8.14%‚ 13.33%‚ and 9.63% respectively. The only variable between these divisions that remains consistent is the tax rate. Marriott has a target rate for each of the divisions’ capital structures‚ which affects their debt and equity betas. Also‚ there are stark differences between the betas in the segments‚ as well as the
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Marriott Corporation: The Cost of Capital Executive Summary J. Willard Marriott started Marriott Corporation in 1927 with a root beer stand‚ expanding it into a leading lodging and food service company with sales of over $6 billion by 1987. At the time‚ Marriott had three main lines of business‚ lodging‚ contract services and restaurants‚ with lodging generating about 51% of company’s profits. The four key elements of Marriott’s financial strategy were managing hotel assets rather than owning‚
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