Change Proposal

Change in any organization is important for development and especially to bring in profits for a business. Kudler fine foods Virtual Organization is a well-established business with exemplary profit margins, but to heighten the profits some changes can be made. This proposal is to urge the manager of this organization to willingly accept a proposed project that will bring changes to the sales department. The sales department is largely involved in ensuring that necessary measures are put in place for more customers to purchase their food from this organization. More efforts on this proposed ch ...

Cell Phone Service Industry

The initial deployment of cellular mobile phone services network in the early 1980s in the United States marked a major milestone in the evolution of the telecommunications industry (Pahlavan & Levesque, 2005). The development of the cellular systems concept and the widespread deployment of cellular service networks provided an efficient integration of radio technology with the vast public switched telephone network thus providing customers with the mobility and convenience of access to at least basic telephone service (Pahlavan & Levesque, 2005). A brief history and evolution of the Industry ...

Causes and Economic Effects

A subprime mortgage can be expressed as a loan that is loaned to customers who have poor credit backgrounds; thus, their qualification to conventional mortgages is limited. Ideally, subprime mortgage charges interest rates, which are escalated, above the normal rates. This is provoked by the increased risk associated with such venturing with such clients. Among the types of subprime mortgages, adjustable rate mortgage is the most common. The start up interest rate is low but later follows increasing rates. Therefore, unless the client is well explained it can result to misunderstanding. In the ...

Capital Budgeting Valuation

Net present value is the difference between the present value of cash inflows and the present value of cash outflows while internal rate of return is the discounting rate that equates the net present value to zero. The investors in any given company require returns from their investments and hence the more risky the investments, the more returns expected by the investor from the company and this forms the base upon which the capital budgeting decisions are made. IRR uses only a single discount rate that does not put into consideration the varying discount rates and hence the long term projects ...

Capital Budgeting

Brigham and Ehrhardt have defined capital budgeting as a planning process that managers use to identify projects which add value to the firm (2008). This is one of the most important tasks carried out by financial managers and their staff. Capital expenditures often precede the firms/ organisations engagement into provision of new products and services or even before entry into new markets. The results of capital budgeting always have long lasting effects. Brigham and Ehrhardt (2008) explain that poor capital budgeting can have grave consequences on the organisation. Excess capital investments ...

Cap and Trade

Environmental issues continue to feature in every media house and in debates that have been conducted in different forums. Among the places that these issues have featured are the Senate, the Congress, world leaders’ meetings, etc. Top on the list of environmental issues is global warming. There are arguments that global temperatures have continued to rise each and every year resulting in drastic environmental and climate changes. This has raised concerns on the future of the globe, and life on earth in general. As a result of this, there are actions plans that are being pursued across the glo ...

Business or Government

It has been noted currently that the gap between the big and medium size enterprises in the country today in terms of fortunes is at a record high as compared to fourteen years ago. One of the major factors influencing this kind of condition is the taxes and government charges that have put a brake on investment. The small business index according to their research carried out by the Australian Chamber of Commerce illustrated that the interest rate rise has also played a major role in inserting pressure on small business turnaround. Small business profitability has gone down and in turn limite ...

Business in Kenya

National bank of Kenya limited is a financial institution engaged in the provision of services such as banking, financial and others related to these. The bank owns two subsidiaries namely: Natbank Trustee and Investment Services Limited and the Kenya National Capital Corporation Limited (Kariuki 2010). This bank has encountered several problems over the last few years and the country’s central bank which monitors the operations of all financial institutions in the country has predicted that unless the bank changes tact, it will be bedeviled by the same problems over the next couple of years. ...

Budget Function 270 Energy

Questionn1 (a) The federal activities included in this budget is funding for energy resources in the country. The federal government has outlined how it will explore the energy resources in the country. To explore energy resources safely and within the required specifications, the federal government has budgeted for the appropriate technology and personnel for the exercise. This is per the requirements of the certain departments like the 70 energy. The departments demand that authorities use appropriate energy technologies that are environmental friendly. The federal government is also sourcin ...

Budget Deficit in Public Budgeting

In the recent past, economists and public administrators have greatly emphasized the importance of government in the growth and development of the economy. The government carries out various important functions that have both direct and indirect impacts on the economy of the country. The government also carries out its operation through public administration. Public administration is a management field that involves formulation of various policies. One of the major areas of public administration that requires period formulation of policies is public budgeting. Through pubic budgeting, the gove ...