Corporate Finance Nike‚ INC: Cost of capital 1. What is the WACC and why is it important to estimate a firm’s cost of capital? Do you agree with Joanna Cohen’s WACC calculation? Why or why not? Definition of WACC (Weighted Average Cost of Capital): WACC is basically the average of the cost of finance (debt and equity). Since a company’s assets can be financed by debt or equity‚ WACC can show the averages of the costs involved in the sources of financing. These costs are then weighted
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Motivation theories are psychological reasons why people do what they do. They can explain most of human behavior. There are at least three motivation theories to explain why I am currently attending Anoka Ramsey Community College. The first theory is Autonomy. Autonomy is independence or freedom to make one’s own choice. If I graduate from Anoka Ramsey Community College and I do well at it‚ I will be able to move out of my parents’ house and begin a career as a teacher. I will also be able to quit
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Activity 5 Topic 6: Motivation and rewards In this topic you have covered an important theory of motivation called Expectancy Theory. Let’s apply this theory to your university study‚ specifically the upcoming essay assessment. There are three expectancy factors that will affect your motivation to succeed: * Expectancy is your belief that working hard on your essay will result in the production of a good quality piece of work (i.e. a least a high pass or credit although more able students
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Motivation is the driving force that causes the flux from desire to will in life. For example: a flower with no water still desires for water to sustain life; however‚ due to its incapability to move and get water‚ the flower cannot will for water‚ hence‚ suffering from a break in the driving force of motivation; it is not to say‚ however‚ that‚ necessarily‚ the flower lacks the driving force; therefore‚ all life can said to have‚ at its very minimal‚ the igniting spark of motivation. It can be considered
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What are the effects of pay satisfaction on employees’ mobility: apply to VietNam Student : Nguyen Thi Quynh Trang Abtract This paper examines the impact of pay satisfaction on employees’ mobility. I find that there is an association between organizational structure‚ payment policies and this have a great effect on the labor mobility. A survey/ questionnaire is conducted to understand the empoyees’ attitude and give employers an over view on their staff while
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EMPLOYERS SHOULD HIRE MORE YOUNG WORKERS IN THEIR COMPANY. The process of recruiting employees into a company is vital as these human resources are viewed to be a strategic investment. The success of companies largely depends on its human resource. Of late‚ higher learning institutions are churning out an unending supply of fresh graduates that add to the competition in the job market. Yet‚ the question arises whether the employer should hire these younger workers or to select from the more senior
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What is motivation? Motivation is generally defined as the force that compels us to action. It drives us to work hard and pushes us to succeed. Motivation influences our behavior and our ability to accomplish goals. There are many different forms of motivation. Each one influences behavior in its own unique way. No single type of motivation works for everyone. People’s personalities vary and so accordingly does the type of motivation‚ that is most effective at inspiring their conduct. Types
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Employees’ Motivation for SPI: Case Study in a Small Finnish Software Company Abstract. In small software companies the resources available for SPI are often limited. With limited resources‚ the motivation of the employees becomes one of the key factors for SPI. In this article‚ the motivational factors affecting a small company’s SPI efforts are discussed. In the research‚ we carried out interviews and a survey in a small Finnish software company considering the motivation towards SPI. The results
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Three types of motivational theory can be seen in different organization. The theories are: Maslow’s hierarchy theory‚ Herzberg’s theory and vroom’s theory. Maslow’s theory indicates that where motivation fulfills the demand and needs of an employee. Maslow discovered the theory in 1943. This theory can be shown as pyramid. There are down to top approach in this theory. A new comer always needs his job for satisfying himself by getting food and shelter which is a psychological need. The second lower
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Using rewards to motivate employees. How to pay: rewarding individual employees to variable pay programs Types of pay programs Piece-rate pay Merit based pay Bonuses Skill based pay Profit sharing plans Gain sharing Employee stock ownership plans Evaluation of variable pay Piece rate pay Provides no base salary and pays the employees only for what the one produces. E.g. ball park workers Limitations are that they are not feasible for many jobs Profit sharing plans
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