Premium Essay

Butkus

In: Business and Management

Submitted By nkbutkus
Words 334
Pages 2
Dakota State University
BADM 310
Business Finance
Fall 2013

Study Guide

Unit Five: Project Valuations

Reading Assignments Chapter 8: All except 236-238 Chapter 9: All Questions Assignments Chapter 8: None Chapter 9: None

Problems Assignments Chapter 8: 15,16,18,19,26,29 Chapter 7: None
Objectives

Chapter 8: Net Present Value and Other Investment Criteria 1. Define Net Present Value (NPV) rule and state its criteria. 2. Define Payback period method and state its rule. 3. State the pitfalls of payback period method. 4. What is opportunity cost? Give examples. 5. Define Internal Rate of Return (IRR) and its rule. 6. Define Profitability Index (PI) and its rule. 7. State the similarities and differences between NPV and IRR. 8. State the three pitfalls of IRR. 9. Explain Mutually Exclusive projects. 10. State Why there are multiple IRRs form some projects? 11. Calculate NPV for a project, given relevant information. 10. Calculate the internal rate of return (IRR) on project given relevant information. 11. State soft and hard rationing. 12. Calculate payback period of a project given cutoff period and other relevant information. 13. Calculate Profitability Index given relevant information.

Chapter 9: Using Discounted Cash-flow analysis to make investment decision 1. State why Accounting Incomes differ from Cash flows. 2. State the six factors to be considered for estimating cash flows of a project. 3. Calculate change in working capital for each period over the lifetime of a project. 4. Calculate the incremental operating cash flows for each period over the lifetime of a project. 5. What is sunk cost? Give examples. State the rationale behind the idea of not including sunk cost in the project evaluation. 6. What is opportunity cost?…...

Similar Documents

Premium Essay

Nanotechnology Applications for Clean Water Solutions for Improving

...and T. Jain, “Potential of silver nanoparticle-coated polyurethane foam as an antibacterial water filter,” Biotechnology and Bioengineering, 1, Vol. 90, pp. 59–63, 2005. 14. K.D. Kim et al., “Formation and characterization of Ag-deposited TiO2 nanoparticles by chemical reduction method,” Scripta Materiala, Vol. 54, pp. 143–146, 2006. 15. J. Keleher, B. Bashant, N. Heldt, L. Johnson, and Y. Li, “Photo-catalytic preparation of silver-coated TiO2 particles for antibacterial applications,” World Journal of Microbiology and Biotechnology, Vol. 18, pp. 133–139, 2002. 16. J. Kim, M. Cho, B. Oh, S. Choi, and J. Yoon, “Control of bacterial growth in water using synthesized inorganic disinfectant,” Chemosphere, Vol. 55, pp. 775–780, 2004. 17. M.A. Butkus, L. Edling, and M.P. Labare, “The efficacy of silver as a bactericidal agent: advantages, limitations and considerations for future use,” Journal of Water Supply: Research and Technology—AQUA, 6, Vol. 52, pp. 407–416, 2003. 18. H. Remy, Treatise on Inorganic Chemistry, New York, s.n., 1956. 19. Y.L. Wang et al., “Preparation and characterization of antibacterial viscose-based activated carbon fiber supporting silver,” Carbon, 1, Vol. 36, pp. 1567–1571, 1998. 20. I. Yoshihiro, “Bactericidal activity of Ag zeolite mediated by reactive species under aerated conditions,” Journal of Inorganic Biochemistry, Vol. 92, pp. 37–42, 2002. 21. V. Kumar et al., “Highly efficient Ag/C catalyst prepared by electrodeposition method in controlling......

Words: 90139 - Pages: 361

Premium Essay

Employee Motivation

...worth a lot when employees receive them, (Ryan). Nelson (1994), states that saying thank you to your employees or appreciating their performances when something good is done, is extremely important factor that should be recognized by the managers. According to him 78% employees said that they feel more motivated and happy when their manager appreciates them, (Ryan). C. Motivation Motivation is derived from a Latin word, ‘movere’, which means to move, (Romando, 2007). Motivation is derived from a word “motivate”, which means to move, push or persuade to act for satisfying a need. Further motivation can be explained as acting of such forces within a person that cause a stimulation of effort, direction and goal direction, (Dr. Green and Butkus, 1999) . Mol (1992), defines ‘motivation’ as the total involvement of a person in his tasks to carry out with dedication, devotion, happiness, excitements, and voluntarily, (Khan, 2010). Some employees are self motivated; they have passion that they want to do something, something creative, something remarkable without the concern of any external powers, (Harris, 1996). He used the word, ‘heat-power’ for such self-motivated people; he defined this term ‘heat-power’ as passion of an employee excellence. Organizations which hire such employees have a great advantage that they don’t need to pay special attention on the employee reward system as the employees are self- motivated, in actual its their hearts that motivate them. Such kind of......

Words: 5001 - Pages: 21

Premium Essay

Factors of Motivation & Impact of Job Satisfaction on Organizational Commitment

...hard toward its goal. The present study intends to facilitate management practitioners and employers in determining effects of motivation and the overall job satisfaction on organizational commitment among their employees. LITERATURE REVIEW Motivation According to Webster’s New Collegiate Dictionary, a motive is “something a need or desire that causes a person to act”. “Motivate, in turn, means “to provide with a motive,” and motivation is defined as “the act or process of motivating”. Consequently, motivation is the performance or procedure of presenting an intention that origin a person to capture some accomplishment. According to Butkus & Green (1999), motivation is derived from the word “motivate”, means to move, push or influence to proceed for fulfilling a want. Motivation is the inner power or energy that pushes toward acting, performing actions and achieving. It has much to do with desire and ambition, and if they are absent, motivation is absent too. Often, a person has the desire and ambition to get something done or achieve a certain goal, but lacks the push, the initiative and the willingness to take action. This is due to lack of motivation and inner drive. Motivation strengthens the ambition, increases initiative and gives direction, courage, energy and the persistence to follow one's goals. A motivated person takes action and does whatever it needs......

Words: 7991 - Pages: 32

Free Essay

Starbucks Philanthropy

...Simas Butkus E&P STARBUCKS Starbucks is the largest coffeehouse company in the world with lots of stores all around the world and also amazing profits. In this short writing assignment I will try to evaluate this brands philanthropic activity and distinguish strategic philanthropy examples from not so strategic ones. First of all, I would like to mention few strategic philanthropy examples, which were mentioned in the book: * “Since 1992 we have been working with CARE International, a global humanitarian organization, to help alleviate poverty and create long-term solutions (such as sustainable community health services, primary education programs and village banking networks) in coffee-growing communities”. (p. 174) * “Starbucks staff also offered their creative talents to develop new brand identity and marketing materials – something that has helped raise the visibility of the organization”. (p. 168) In my opinion, those citations, quite well illustrating the strategic philanthropy in Starbucks company. First citation is about coffee-growing families who were supported by the Starbucks in order to provide them a highest-quality coffee in the world. In other words, Starbucks are investing in their quality of coffee. The second citation is also a good example how to advertise your brand and have free advertisement by offering for creative talents to develop new brand. In short conclusion, we could say that Starbucks are doing well in strategic......

Words: 448 - Pages: 2

Premium Essay

Operations Management

...bottleneck. You have to do your best to anticipate things like this, as they can be detrimental to you business. I also gathered from the class that customer flow is important. It only takes one bad experience to deter a customer from coming back to your business. When it came to the Mongolian Grill case that was one of the most important aspects. You have people going in different directions trying to do different things; it is very important that bottle necks aren’t formed, lines aren’t too long, and the flow of people makes sense and isn’t causing more problems. These were the things you had to consider as you chose a new layout for the restaurant. The biggest problem with out pitch for the case was that we used the numbers provided by Mr. Butkus. However, the data that he provided wasn’t relevant. His data looks like it would be helpful and useful, but if you don’t question how the data was obtained and if it is relevant it can lead to poor business decisions. When forecasting data especially for a new location, you must consider the varying nature of demand. Also you can’t use data from one location to forecast for another as things chance like population, demand, company perception, competition, etc. So it is important to make sure everything is relative to the new location. Class Six: Design of Work Systems and Learning Curves This class was a fun one. The case having to do with the product recall case was definitely both interesting and frustrating. My family has a......

Words: 5303 - Pages: 22

Premium Essay

Toyota Case

...the change management literature that change is top-down and executive-driven. To the extent that change management is now very much associated with downsizing and reductions in headcounts (Cunha, JV, Cunha, PE & Kamoche 2002).  The change process is not an instant thing that will have an instant effect. It takes a lot of months for the change process to show its result. Organizational change is not just about work processes. It's also about what people feel and believe their hopes and expectations. And these feelings and beliefs are so strong that they can make or break a change effort. All too often, however, managers remain unaware of what their people really feel during organizational change. And it's not because they're bad managers (Butkus & Green 1999).    There are certain companies that can be easily persuaded to fall into competitive traps and problems. These kinds of companies relax too much and are unprepared for changes in its environment. On the other hand there are some companies that know how to be creative enough to revolutionize their strategic thinking and innovate. Revolutionizing a company’s thinking can be good to counter any changes coming.  Various changes come to a company; these changes can be in the form of expansion or the resurgence of more problems. The problems vary on its effect on the firm and its operations. Corporate change will be no easy transition marked by minor modifications of a firm’s current lifestyle and ways of doing business......

Words: 2088 - Pages: 9

Free Essay

Chicago Bears

...Using the modified London Football Association rules each club began changing them. In order that all teams play by the same rules, a group of football club owners got together to form the American Professional Football Conference which was later incorporated as the National Football League. Halas was very instrumental in the development of the NFL and created the “T formation” which became a league standard. The Bears soon began to develop acquiring players like Red Grange and Bronko Nagurski who became two of the best known and most accomplished football players of all time. The Bears played as a team with a well-established winning history. Midway through the 20th Century record breaking players like Sid Luckman, Johnny Lujack, Dick Butkus, Mike Ditka, who later returned to the club and became their winning head coach, Gayle Sayers, Walter Payton, and others. These outstanding athletes and coaches like Ralph Jones, Luke Johnsos and Hunk Anderson, Paddy Driscoll, Jack Pardee, Neill Armstrong, Dick Jauron and Lovie Smith left a legacy that started before the inception of the NFL. Many fans have witnessed the Bear games at Wrigley Field and watched Halas and Lombardi pace the sidelines. There are those who were at the first game the Bears played at Soldier's Field when it was Soldier's Field and watched the Bears take out Y.A. Tittle of the New York Giants in the 1963 in the first two minutes of the playoff game. Though the current team is made up of top athletes......

Words: 462 - Pages: 2

Premium Essay

Mongolian Grill Case Study

...Mongolian Grill Operations Case Analysis Management of Organizations COMM1006E-02 Executive Summary John Butkus is set to open his second Mongolian Grill in just over a month, to be located in Waterloo, Ontario. Mr. Butkus who currently owns another Mongolian Grill in London, Ontario is debating if he should change the current floor plan for the Waterloo location after observing wait times in London. A design that would allow for customers to eat faster without taking away experience as well as a design that would increase total profit. Mr. Butkus has many potential design options to choose from. Choices must be made to include one additional food prep area which includes a food bar and sauce, oil, and spice bar. Whether or not to centralize the location of the grill which would add more counter space. He could also choose to only include one of the features above or none at all. Lastly Mr. Butkus could hire a firm that specializes in restaurant design so that an optimal design is used. After examination based on the London’s location wait times it is advised that Mr. Butkus put in both the additional food prep area and the extra counter space. This recommendation will allow for the restaurant to reduce wait times, which will increase turnover rates as more customers can be seated on a nightly bases. Financially this option does not cost much as the purchase and installation is rather cheap and only two additional workers will be needed to cover the busy periods......

Words: 2835 - Pages: 12

Premium Essay

Living Wills

...Charlotte Cox Dr. M Butkus Philosophy 251-W1 13 July 2013 Where the Decision Lies Living wills are documents that define a patient’s medical wishes usually pertaining to life-support or any such instances where death is presumable. A living will provides a patient with a voice under circumstances which would leave them without the ability to make health decisions. Patients who fall into a persistently vegetative state would be at the mercy of their physician, next of kin, or living will. However, there are many times when a patient’s family has contradicting beliefs to what the patient proclaims in their living will. It can be difficult to decide whose decision should prevail. Ultimately, the previsions made by the patient in their living will should overrule in a majority of situations. Still, there are circumstances when such a decision may be unclear. First, we must understand the medical extent of someone who is in a persistently vegetative state. PVS is a disorder of consciousness and the patient is not in a state of trust awareness. PVS occurs when a patient loses cognitive function and can only perform certain involuntary actions. Such actions include but are not limited to crying, laughing, or movement of the eyes. For them, any movement or response is purely spontaneous, unpredictable and unconnected to events outside of physical impulse. After one year, it's highly unlikely that patients will emerge from their persistent vegetative state. For those who do,......

Words: 2979 - Pages: 12

Premium Essay

The Mogolian Grill

...has been instructed to help advice on a business case involving a restaurant, The Mongolian Grill.  Its owner, John Butkus, is contemplating renovations, in hopes of adding capacity and increasing revenue.  There are several scenarios that are available to him.  One option is to add an extra food bar.  The second option is to move the location of the cooking area.  He can also implement both options, if he so chooses.  Our team has done the appropriate financial calculations, as well as qualitative considerations. Our decision is that Mr. Butkus should choose to implement both options.  The additional capacity is definitely needed, and the demand to fill the capacity is also present.  We calculated the possible revenue that could be earned under two sections:  Low additional demand and High additional Demand.  The additional revenue generated in these two scenarios are $42 900 and $31 200, respectively.  Also, the in both of these scenarios, the time needed to pay for the cost of the required expansions are less than a year. We have looked at a number of possibilities, both positive and negative, and we feel that this is the best option.  There really is no justification to not go through with the changes.  They will result in a greater profit, both in the short and long run.  Our analysis is included in the following document.   Problem Statement John Butkus, owner of the Mongolian Grill restaurant in London Ontario, had to finalize his major design decision for his......

Words: 1286 - Pages: 6

Premium Essay

Jackie Robinson Leadership

...though is the way his leadership style was. Jackie was without a doubt a direct leader. Direct leaders as we have learned through this semester need a mastery of linguistic symbols. They also most maintain leadership in a managerial style. In Jackie Robinson’s case, he was a direct leader in many situations. One being as Butkus (n.d.) describes, “Jackie used his strong connections from the pros, as well as his followers through baseball to help raise large amounts of money as well as awareness for civil rights.” This shows that Jackie took a direct approach to take action and help drive civil rights for African Americans. Jackie was a Vice President of a coffee shop chain and joined the National Association for the Advancement of Colored People. He was chairman and gave many speeches to fellow chairman as well as people who looked up to Jackie and listened to what he had to say. Directly he was impacting society and voicing what he had to say so that all of his followers could listen. To talk on an indirect leadership style end, though, he definitely in his younger years was more indirect as a leader. An example of him showing himself to be indirect as Butkus (n.d.) describes is, “While waiting for the results of an injured ankle Jackie boarded a military personal bus to be driven back to camp. Despite the military’s personal “unsegregated” busses, a white driver told Jackie to move to the back. Jackie refused which resulted in his arrest by military police and his......

Words: 2337 - Pages: 10

Premium Essay

Sensitivity Training

...lawsuits as employees will fee motivated and punctuality among workers is increased. Sensitivity training helps managers involve employees and determine how much information people need allow employees to grieve a loss and understanding those who suffer as a result of the change. Sensitivity training is a better technique for training managers as it makes managers become competent on how to handle issues concerning differing cultural belief. Hence organizations should practice this method of training managers as it is beneficial to the success of the organisation. BIBLIOGRAPY Burk,kurt,W.(1987),Beyond Words, THE STORY of SENSITIVITY TRAINING and The ENCOUNTER MOVEMENT,2nd edition, New Brunswick,NJ:Transaction Books. Green,Thad,B and Butkus,T.R(1999),MOTIVATION,BELIEFS and ORGANISATIONAL TRANSIFORMATION,West Port,CT:Quorum Books. Helliriegel,D.and Slocum,J.W.(1992),MANAGEMENT,6TH edition, United States of America, Addison-Wesley Publishing company. Lukin and Martins,(1972),INTERPERSONAL ENCOUNTER,THEORY and PRACTICE in SENSITIVITY TRAINING, New York, McGraw Hill book company. Mullins,L.J,(1991),MANAGEMENT and ORGANISATIONAL BEHAVIOR,7TH edition,London,Prentice Hall....

Words: 1678 - Pages: 7