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Nov 22, 2017 Oedipus the King by Sophocles Essay,
caddy golf resume What is a Caddie? 1. Oedipus By Sophocles Essay? One hired to serve as an attendant to a golfer, especially by carrying the why is golf clubs. 2. By Sophocles Essay? Any of various devices for why is shakespeare relevant, moving, carrying, or holding an item or collection of items, especially: a. Oedipus The King? A lightweight, freestanding rack designed to hold accessories. In golf, a caddie (or caddy ) is the genre person who carries a player's bag, and gives insightful advice and moral support. A caddie is by Sophocles Essay, aware of the of classical challenges and obstacles of the golf course being played, along with the the King by Sophocles best strategy in playing it. American Adolescents Essay? This includes knowing overall yardage, pin placements and club selection. The records are not certain, but historians believe that Mary, Queen of Scots, came up with the Essay term caddie in the late 16th century.
Mary grew up in France where military cadets carried golf clubs for royalty. It is possible that Mary brought the custom to limitations Scotland, where the term evolved into Oedipus the King Essay the word caddie. Alternatively, the word caddie may have originated from the Essay Malay word 'kati'. Kati is a measure for tea leaves and is printed on Oedipus the King by Sophocles Essay boxes used to carry and Scientific Discoveries Essay, collect the tea leaves, hence its use in by Sophocles Essay, terms reflecting carrying and collecting. Also, the energy word may have originated from the Welsh term cad, which is a battle, contest, or test, such as the Essay Cad Goddeau. Traditional caddieing involves both the golfer and limitations conditioning, the caddie walking the the King course. The caddie is in charge of carrying the player’s bag and both the caddie and tables summary, the golfer walk at the same pace. Oedipus The King By Sophocles Essay? This is the paranormal most common method used in the King by Sophocles, golf clubs and is the only method allowed in the PGA (Professional Golf Association) and Goodall Essay, LPGA (Ladies Professional Golf Association).
Fore-caddieing is a type of caddieing where the Oedipus by Sophocles Essay caddie is always ahead of the golfer, marking their shots where they land. The caddie will start out a hole by paranormal genre running to Oedipus the King by Sophocles Essay the landing spot of their golfer’s tee shot. The job of the caddie is to mark the paranormal genre ball with a towel , stick , etc. Oedipus The King? so that the Essay on Kinship golfer does not have to waste time searching for by Sophocles Essay, it. If the hole is long and requires multiple shots before the genre golfer can reach the green (the putting surface at by Sophocles, the end of each hole), then the Essay fore-caddie will go ahead to Oedipus the next landing area and mark his/her golfer’s ball until the ball reaches the green. Once the golfer is on the green, the Diabetes American Adolescents fore-caddie maintains regular caddie duties like raking sand traps and Oedipus by Sophocles, taking the pin out of the cup. After the golfer is Goodall, finished putting on the green, the Oedipus fore-caddie returns to his/her duties and heads out to the next hole’s landing spot. This routine continues for relevant, the remainder of the course. Oedipus The King By Sophocles Essay? The main purpose of this type of limitations caddieing is to let the golfers ride in carts if they are unable to Essay walk the Scientific Discoveries of Jane Goodall course with a caddie. Cart-caddieing , a type of fore-caddying , consists of a caddie driving a cart for the entire round of golf. The main job of the caddie is to drive ahead of the walking golfer and mark their ball before they get there.
Getting to Oedipus Essay the ball first, the caddie can determine what type of Scientific Discoveries Essay shot the the King golfer should play. The main duty of Diabetes in Asian American Essay a caddie is to carry the player's bag. By Sophocles Essay? Other duties include: Raking bunkers and sand traps cleaning clubs and golf balls obtaining yardages replacing “divots” (chunks of grass) tending and removing the pin/flag. Other duties which caddies are obligated to do if experienced enough are: reading greens helping with club selection knowing the conditions of the course. Caddies must be alert at all times. Any penalty caused by the caddie is added on to his/her golfer’s score . The caddie should be aware of his surroundings at all times, especially when players are hitting.
Standing in other golfers’ lines of putting or lines of sight while they are hitting a ball is discouraged. Also, the caddie is expected to know the rules and of classical, point out the King by Sophocles Essay, any rule-breaking on the part of the golfer, such as knowing the maximum amount of black white masks clubs a player is allowed to carry. A caddie on the King the PGA Tour, Miles Byrne, became famous when he forgot to count the clubs in Scientific Essay, Ian Woosnam’s bag (only 14 allowed) before the final round of the British Open. His mistake cost Woosnam two strokes and possibly the championship. The King Essay? Relationship between the caddie and masks, the golfer. The caddie is the the King by Sophocles only assistance that a player is allowed to have during a round of why is shakespeare golf, so the Essay interactions between the player and his or her caddie are very important. Often, the paranormal player and caddie develop a camaraderie from spending significant amounts of time on the golf course together. This, in Oedipus the King by Sophocles Essay, turn, benefits the paranormal player, who is able to trust his or her caddie for advice and moral support during competitive rounds. In a professional golf tour setting, players will often request the the King service of a specific caddie for months or years at a time, once the player finds a caddie with which the player is able to forge a relationship. Caddies are most frequently employed at fanon black, clubs on Oedipus weekends, when the majority of country club golf takes place. Some (but usually not as many) opportunities to caddie exist during the week, as well.
Additionally, caddies are often allowed to play the course at why is relevant, which they caddie for Oedipus the King by Sophocles, free, usually on a Monday (the day that most private clubs choose to close their course for fanon skin masks, maintenance). Oedipus Essay? On pro golf tours, professional caddies accompany their player to all events, which usually take place from twelve summary Thursday through Sunday. Oedipus The King? Additionally, the player may hire their caddie to carry their bag for Diabetes American Adolescents, them during training sessions and practice rounds. At most clubs, caddies are paid at the end of the Oedipus Essay round by cash, or receive a payment ticket for which they can redeem their wages in the clubhouse. Generally, the player will tip the limitations caddie based on their performance during the round, with extra money given for exemplary work.
Most American club caddies earn between $40 and $60, though newer caddies will often earn less and more experienced caddies or caddies working during a tournament or high-stakes match will often earn significantly more, upwards of Essay $100 per round at times. In a professional golf tour setting, a player often pays their caddie a percentage of their winnings, which can be as high as 10%. Monster Energy Drink Uk? The caddie additionally receive a salary, as the Oedipus the King Essay player may not be guaranteed to Essay on Kinship win money at every tournament the the King by Sophocles Essay player enters. Diabetes? Collared shirt Khaki shorts or pants Gym shoes (lots of walking and standing) Smock Towel. Oedipus The King By Sophocles? Bagger Bag-toter Looper Lugger Noonan. Why Is Shakespeare? A caddie’s job is to make the Oedipus the King game of golf easier and more enjoyable, by managing the golfer’s equipment, and assisting around the black white masks green.
Now, every golfer can experience these same benefits with an EZ CADDIE by EZ Sports, Inc. It’s the by Sophocles only caddie you’ll ever need! Just look at all the reasons why you need an twelve, EZ CADDIE in your game.
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Nov 22, 2017 Oedipus the King by Sophocles Essay,
Moldovan Coffin Maker to Exit Coffin Manufacturing Business. Consulting Firm: McKinsey Company first round full time job interview. Case Interview Question #00689: Our client Moldovan Coffins is a high-end coffin maker in the country of Moldova. The King By Sophocles. Moldova, officially the Republic of Moldova, is a landlocked country in Eastern Europe located between Romania to Discoveries of Jane Goodall Essay the west and Ukraine to the north, east, and south. Moldova declared itself an independent state with the Essay, same boundaries as the Moldavian Soviet Socialist Republic in 1991 as part of the American Adolescents Essay, dissolution of the Soviet Union. The total population of the country amounted to 4 million (2004 Moldovan census). The owner of the King Essay, Moldovan Coffins business has seen substantial change in his market in recent years and is contemplating the future of his business.
Up until now, he has been in the business of building high-quality, handcrafted coffins largely by hand with a skilled labor force. Recently, however, he has become aware of a new technology that would allow him to build machine-made coffins with much less labor. Should he invest in this new technology? And should he even remain in the coffin-making business in the first place? Why or why not? Note that this case requires the interviewer to drive key points in the discussion. Allow the candidate to formulate a plan and then prompt him/her to consider each of the topics listed below. Question #1: What strategic alternatives should the owner of the coffin business consider? If the limitations of classical conditioning, candidate doesn’t get all of the King, this, help them along since we need to lay this foundation for the rest of the case – We need to decide firstly whether to stay in Diabetes, the coffin business at all and the King if so, whether he uses the new technology: Option 1: Sell the business to a third party.
Option 2: Sell the assets of the Essay, company and shut it down. Option 3: Keep operating as is. Option 4: Keep operating and invest in the new technology. Question #2: How would you figure out the current value of the coffin business? Provide the following additional information if the Oedipus the King by Sophocles Essay, candidate asks for it clearly and directly. Market Size – If the candidate asks for the size of the market, first make him/her brainstorm about monster drink uk different ways to determine market size. A good candidate should come up with at least 4 different ways, such as: Calculate from the market’s total population, population growth, and birth rate. Review of death records for a period of time.
Take sample of the number of obituaries in paper serving given population base. Calculate from total population, average life expectancy. Question #3: Now make the the King by Sophocles Essay, candidate calculate the market size, giving them the following data: Population of Moldova: 4 million Population Growth: 0% Average Life Expectancy: 75 years Age Distribution: assume a flat age distribution, i.e. same number of people at Diabetes American Essay every age. Burial Customs: 75% of deaths are buried in coffins. (4 million) x (1/75) * (75%) = 40,000 coffins purchased per year. Note that the candidate needs to quickly realize that every year, 1/75th of the total population will turn 76 and therefore (on average) will die.
Question #4: Now make the candidate calculate the value of Moldovan Coffins’ business, giving them the following data: Price – Coffins are priced at Oedipus by Sophocles $5,000 for a hand-made high-end coffin. Costs – Material accounts for on Kinship, 10% of the direct cost, while labor accounts for Oedipus the King by Sophocles Essay, the other 90%. In Asian American Essay. COGS is $4,800 per the King by Sophocles Essay coffin. Fixed costs for the business are $700,000 per year.
Assume all assets are fully depreciated and Essay on Kinship ignore taxes. Competition – The client Moldovan Coffins has a 10% market share and a relative market share of about 1 (if asked, you may explain that relative market share is the ratio of the company’s market share to that of its nearest competitor.) Market Trends, Regulation, etc. Oedipus By Sophocles. – If asked about any exogenous factors, simply tell the candidate to assume that the limitations, market is Oedipus by Sophocles expected to continue as it currently is. The candidate needs to calculate the value of the business now. This is a pure mathematical exercise. Margin per coffin = $5,000 – $4,800 = $200 Contribution Margin = $200 per coffin x 40,000 coffins x 10% market share = $800,000 Profit = Contribution Margin – Fixed Costs = $800,000 – $700,000 = $100,000. Assuming a discount rate of 10% (candidate can assume anything reasonable here as long as they are consistent later), a perpetuity with cash flows of $100,000 per year has a present value of $100,000 / 0.1 = $1 Million. So the current business is worth $1M whether they keep it or sell it. Question #5: So now what is the value of the company if it were shut down and the assets were sold? Additional Information to give if asked:
Assets – Since the firm has been building coffins by hand, the fixed assets are essentially only the land and improvements. In Asian American Essay. These are owned outright by the company. When the candidate asks for the value of the by Sophocles Essay, land, have them brainstorm ways that they might determine this. Scientific Discoveries Essay. They should come up with at least 3 good ways, such as: Look for comparable real estate and Essay determine recent selling price. Find comparable commercial real estate and determine the rent per square foot, then discount the cash flows generated by renting the property. Determine rate of appreciation for property in the area and then apply to book value of current land and Essay improvements. Give the candidate the Oedipus by Sophocles, following information and have them calculate the monster, value of the property: Book Value of Land: $20,000 Book Value of Improvements: $80,000 Years Owned: 48 Average Real Estate Appreciation: 6% / year. Using the the King, “rule of 72?, a 6% growth rate will double the investment every 72/6 = 12 years.
Since the property was held for 48 years, the current value will be $100K * (2 x 2 x 2 x 2) = $1.6M. Since the assets ($1.6M) are higher than the value of the discounted cash flows ($1M), then it would make more sense to liquidate the business and sell the assets. Question #6: What would the value of the company be if the owner invests in the new technology? Provide the following information if asked: Investment – Investing in the new technology will cost the twelve tables summary, firm $1M. Cost Savings – Material costs remain the same, but labor costs are reduced by 50%.
Proprietary Nature of Technology – The new coffin-making technology is being offered for sale by a machine tool company, who holds the Oedipus the King by Sophocles, patent. Twelve. They are not offering exclusivity to any customers (i.e. The King. they will sell to Moldovan Coffin’s competitors if possible). Competitive Threat – It is not known whether the limitations conditioning, competitors have acquired or are planning to acquire this new coffin-making technology. Customer Preferences – While the machine-made coffins are not “hand made”, the quality perceived by Oedipus Essay, the customer is the same or better. Monster Uk. It is believed that the customer will be indifferent between the quality and appearance of a hand-made and a machine-made coffin.
Brand Impact – The candidate may argue that a machine-made coffin might negatively impact Moldovan Coffin’s brand. If so, ask them how they would test this (e.g. consumer research), but tell them to Oedipus the King by Sophocles assume that it would have negligible impact. Since Moldovan Coffins has no proprietary control over the technology, it is likely that competitors will also acquire it, resulting in an overall lowering of the industry cost structure. If this is the tables, case, price will also fall as competition cuts price in Oedipus by Sophocles, an attempt to gain share. If we assume that gross margins remain the same, since the limitations conditioning, industry competitive structure has not changed we can calculate the new margin contribution as follows: Gross Margin = $200 / $5,000 = 4% Labor Cost = (4800 x 90%) x 50% = $2,160 Material Cost = 4800 x 10% = $480 COGS = $2,160 + $480 = $2,640 Price = $2,640 / (1 – 4%) = $2,718 Contribution Margin = $2,718 – $2,640 = $78 per Essay coffin Profit/Loss = $78 * 4,000 – $700,000 = -$388,000. So the introduction of the new technology to the market might be expected to reduce industry profits, making this business completely unprofitable. Candidates could argue other scenarios, by assuming that the Essay, industry would be able to maintain higher margins than we have assumed here, so the answer may be different.
They should recognize, however, that the introduction of this non-proprietary technology will significantly reduce industry pricing in the absence of some other form of price support (such as branding, collusion between players, etc.) A star candidate will see that his/her time is nearly up and will present a recommendation for the client without prompting. If the Oedipus Essay, interview is within 3 minutes of the end, ask: “The owner just called and said he has an of classical conditioning, offer to buy his business. He needs to know whether he should take it right now.” Given the credible threat of the industry becoming unprofitable due to the introduction of the King by Sophocles, this new technology, the owner should look to sell the company as soon as possible. Taking into account the assets of the firm and the present value of the expected cash flows of the business itself, he should attempt to liquidate the business and to sell the assets for around $1.6M. If the owner is unable to sell the Essay, business now, he can continue to by Sophocles operate the business as a cash cow, but should not invest in the business above what is necessary to keep it operating at its present level. He should expect the business to become less profitable as the industry moves to Discoveries Goodall mechanization, and should eventually look to sell the assets of the the King Essay, company and close the paranormal, firm. This case was given by McKinsey in one of their first-round interviews and is a typical “command and control” style McKinsey case.
In this style of Essay, case, the interviewer allows the candidate to drive the case initially to explore possible routes to a solution. However, once the candidate has laid out a plan, the interviewer takes control and asks the summary, candidate to solve a few specific problems before coming to the final conclusion. When giving this case, allow for some initial planning and brainstorming by the candidate, but then firmly take control of each of the “modules” described in the case. Try to Oedipus by Sophocles Essay move the candidate along through each of them, since in Essay, the actual interview only those candidates that complete all of the sections will be considered to have done well. This case tests mental horsepower and the ability to move to conclusions quickly.
39 Responses to Moldovan Coffin Maker to Oedipus Essay Exit Coffin Manufacturing Business. What is the difference between option 1 : Sell the business to a third party and Essay option 2 : Sell the assets of the company and shut it down? One of them you are selling the business as a profitable company (e.g. I earn x, therefore the company is Oedipus the King Essay worth y). Essay. Businesses are effectively an operation that uses assets to make money, so you are selling the earning potential of the businesses, without caring about the pieces of it. The other option is to forget about profitability, shut down the business and just sell the the King by Sophocles Essay, assets off for what they’re worth.
In this situation, you are strictly looking at Essay the parts and not the business as a whole. I was looking at the last calculation for profit/ loss. The calculation is 78$ x 4000 – 700000 = -388000, where does that 4000 comes from? Thank you! 4000 comes from the assumed 10% of market share of 40 000 coffins sold per year. I think it is lazy to assume the gross margin will stay the same after the adoption of innovative machine, which all the industry adopts. It can use the Expected revenue/(margin%-discount%)+NCF. For example, He can assume in 5 years, all players will adopt the technology (which is impossible, because some will exit the Oedipus the King by Sophocles, mkt), and genre gave a beginning margin%=55% and discount rate will be 10%(50%/5 yr.), then he will get: $5000*(55%+45%+35%+25%+15%)*4000 and (5000*4%)/5% – 5000*4% 3.12M+1M=4.12M, then everything is reasonable. And I don’t think this is difficult to calculate though. Why not the option of Oedipus the King, importing (cheaply) from China?
At least for a cash cow period. At what level would this case study be presented? What year university? Assumption that the price will drop to maintain the same level of gross margin is Essay on Kinship not practical. The King By Sophocles Essay. It will only go down by the amount that the Essay on Kinship, companies can afford given the COGS and fixed costs. Then, for the purpose of the Oedipus, exercise, if the COGS is the same across the market, the fixed costs is what will drive the price drop and how it affects the competition.
Why would selling the business be a better option? The funeral business would be an ever increasing business of which the client already has 10% market share. Paranormal Genre. Would it not be possible to diversify in to the new technology alongside the handmade coffins and increase the the King, current market penetration to also capture the Diabetes American Essay, machine made coffin market? If you are able to capture a mere 5% more of the market it would give the Oedipus, client more scope, better profits and also a return on investment in Scientific Discoveries of Jane, approximately 4yrs, with offering the machine made coffins at approximately $4000 per by Sophocles coffin. Monster Energy Uk. That’s a 20% reduction. Furthermore the client would have the opportunity of been one of the 1st in the King, the market to on Kinship adopt the tech thus better establishing his hold on the market. Would this not be an option? In the possible answer for question 6 the price calculation is wrong: 2640/(1-4%)=2750 and not 2718. Please correct. Yeah, I wasted a lot of time to see how they reached 2718, it’s incorrect.
Yeah..thanks for by Sophocles Essay, pointing it out.. Monster Energy Drink Uk. Its incorrect..I too wasted a lot of time on it!! Another suggestion here would have been for the interviewee to articulate their rationale for Essay, coffin price decrease as the Essay, result of technology advancement using the supply demand curve, showing the supply curve shifting to the right consequently lowering the market clearance price, albeit conceptually. This dynamic would also reduce barriers to entry, where competiton will increase, and buyer power also increase. I think I have solve all 6 free sample cases. Oedipus The King. I should have been granted the access to all the cases. Please feedback to my email box.
Thanks. Can you please send me the paranormal, rest of 5 case studies. Thanks. You can check the other 5 cases, I’ve put down my solutions under each of those 5 sample cases. Oedipus Essay. Please help grant me the access to the whole case database. Thanks. The biggest issue with the answer is limitations of classical when calculating the cost and benefit of investing in new technology, the by Sophocles, interviewee failed to consider the potential profits in of Jane Goodall, a multi-year time frame. It’s reasonable to recoup the Oedipus Essay, investment in a several year time frame. Essay. It’s okay to Oedipus lose money for Discoveries of Jane Essay, the first year. Also, interviewee only Oedipus the King Essay considers the domestic market, it’s quite possible that the Essay on Kinship, client could expand business to international regions.
i think the answer for question 6 is Oedipus the King wrong. have some questions about the assumptions above. The average salary in in Asian American Adolescents Essay, Moldova in roughly $300 a year, no one is spending $5000 on a coffin. q6 is Essay about the value of the company, not about the profit of the investment. New profit per year is Diabetes American Essay 8,74m. I was given this case by Essay, a Strategy guy (with the genre, above solution lying in front of him; more candidate-led than at McKinsey though).
I never got to #5 due to by Sophocles Essay wasting too much time before, and did #6 differently (i assumed steady prices but mentioned that this assumption may not be appropriate if the quality of coffins is reduced to the quality of the coffins of competitors… he didn’t seem interested in Scientific Essay, whether the calculations were correct because they’re not included in the above solution…). But well, at Oedipus the King Essay least I did some own thinking whereas the interviewer needed help from McKinsey for devising a case… lame. Why is investment for new technology ($1M) not taken in consideration while calculating the profit value? I guess that the investment is tables already unprofitable even without taking the investment into account. If the profit was positive, we could calculate the time it would take to pay off the initial investment. What is the “rule of 72?? The rule of 72 states that if you divide 72 by the interest rate you can find how long it will take for Oedipus the King by Sophocles Essay, the investment or business to double in paranormal, value. Example: You want to find how long it will take an investment of yours to double when the investment is consistently earning a 10% interest rate. You divide 72 by 10: 72/10 = 7.2 years.
This means it would take 7.2 years for the investment to Oedipus double. What it meant 2?2?2?2. 2*2*2*2 is the number of times the land has doubled in 48 years (48/12; since it doubles every 12 years), I think. Anton i think your right. 2640 + 4% Thank you. Paranormal. I kept re-doing the Oedipus the King Essay, calculation and kept coming up with $2,750. A “typical ‘command and control’” McKinsey case? Most McKinsey cases are interviewer led now, this is dated!
Command and control = interviewer led. Why are we reducing the energy, price?. The objective of introducing new technology is to increase the margin and not decrease the price. We should assume price remains the same $5k and not the margin. The thing that you have to recognize is that not only Oedipus by Sophocles do you want to increase your itemized profit margin, you want to increase your market penetration. If Moldovan keeps its price at monster $5000 and the coffins take $2640 to make, you’re correct that our profits absolutely SKYROCKET: $(5000-2640)*0.1*40,000 = $9.44M gross profit.
Buuuuut your competitor might’ve had the same plan to buy the new equipment, and thinks he can cut in on your share of the market if he lowers his prices some — take a hit on the itemized profit, but compensate with an increased volume. Let’s say he drops his prices by 10%, to $4500. $(4500-2640)*.1*40,000 = $7.44M gross. But now his coffins costs $500 less than yours; that will almost certainly eat into your share of the Oedipus the King by Sophocles, market (and your share of the monster uk, profit). Ignoring the rest of the market than our 20%, we can determine how much of your market he’d need to take to become more profitable than you: That means if 12% of your customers are interested in his price drop, his business becomes more profitable than yours; but you’d still both have a gross profit of $8.8M gross, and both make lots of the King by Sophocles Essay, money.
But since the GNI in Moldova is $5180, that $500 represents. 5 weeks’ pay, and people probably aren’t too brand-loyal to their coffin-maker. In Asian Essay. I’d expect that he’d take in almost your entire market share, which would double his gross profit to $14.88M — way higher than the amount you were hoping to make by keeping your prices the same, even. If you’re willing to follow his price drops, you’ll both keep your respective !0% market shares; and the competitive pricing results in a better value to the consumer. If you’re actually competitive.
If you want, you could instead form a sort of partnership with your competitor — you recognize that if everyone keeps their prices high, there’s no cheaper version to turn to, and everyone can optimize profits. This is called an oligopoly. From another perspective, we previously said that liquidating the by Sophocles, business would earn you $1.6M. Now, that’s obviously a lot less than what you could make if you kept your gross margin a lot higher than 4%; but what’s the lowest you can sell your coffins for in order to make the prospect better than liquidation? That $1.6M assumption valued the land over the next 10 years. Logically, this means that our baseline is simply to make greater than $160,000 in net profit every year. The fixed costs are $700,000 yearly, and the $1M tech will cost an average of $100,000 each year over that decade span. Twelve Tables. So we see that we need to make $960,000 on average. As long as you’re selling your coffins at $2880 or higher (10.2% gross margin), your business can remain more profitable than selling it if you buy into the new technology. By Sophocles. Your prices are 42% lower, which is good for Moldovans; you’ve increased your net profits by 60%, which is good for Scientific Discoveries of Jane, you; and don’t have to sell your business, which may or may not make you happy.
All in all, a great (and consumer-friendly) option IF you can convince your competitors to play ball. Your example is called ‘price fixing’ which is illegal, not an Oligopoly. q6 is about the value of the Oedipus, company, not about the profit of the investment. New profit per year is 8,74m. value company is therefore 87,4m, given it is a perpetuity, and paranormal minus 1 for by Sophocles, the investment=86,4m. In the possible answer for question 6 the price calculation is wrong: 2640/(1-4%)=2750 and not 2718. Please correct.
What is the reason of taking discount rate of 10% for perpetuity? can we assume that is it driven by inflation rate on the level of 10%, as market growth is 0%? Discount rate in this case is most probably the average cost of capital or opportunity cost of capital for the client. I think nominal growth rate is assumed to be zero here.
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Nov 22, 2017 Oedipus the King by Sophocles Essay,
21+ Sample Business Plan Templates. To create a Business Plan it takes a lot of time and experimenting, a lot of analysis, and following of the King by Sophocles Essay theories. Scientific Discoveries Of Jane Goodall Essay? You must do some gala market research and lots of by Sophocles studies to actually understand that how and in which direction you should plan. Genre? Planning involves calculations mainly and then the analysis and calculation of required resources, manpower, investor analysis and so much. To make this whole process simplified with the the King right format of planning, the templates are made available. This one is simple and easy to use and Scientific Discoveries of Jane Goodall Essay utilizes all the points and features which are required in the planning of a small business. Try this to the King Essay, make a smart business presentation. Agricultural Business Plan Template.
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A coffee shop business plan template is most required when you are planning to make a coffee shop and need to impress your partners, associates, landlord, investors etc for the business plan by showing your proposal. A day care business plan needs this special template dedicated for the day care proposal. You will be able to Essay, sketch a nice plan for your daycare business if you work on this template. The day care business is based on manpower and premises, and genre this should be described in details on your plan. Dairy Farm Business Plan Template. For making a dairy farm, you will have to make a business proposal plan for dairy farming. The plan must show your specialization on the understanding of the business, and hence the Oedipus Essay templates can serve to be a great help and guide. When you will be making an e-commerce based business plan then this template format will help. The plan to work with a website, the planning for the design and monster development of the site etc, will help you make the Oedipus plan smoothly.
Entrepreneur Business Plan Template. The entrepreneur business proposal templates are for Scientific Discoveries Goodall Essay sketching the complete plan of a startup. This involves a lot of planning and guidance, and the King by Sophocles the templates can be the in Asian ready guidance actually to make an error-free plan report. Any finance based business where you will be the finance company can be made with the use of this template. The King? The template tells you about paranormal how a finance business has to be proposed with all specializations. Grocery Store Business Plan Template. The grocery store business plan is made on Oedipus Essay the proposal of monster energy drink uk making a grocery store. This template helps you in making a complete list of inventory for a grocery store, showing the profit and loss plans, and the idea of income etc. The hospital business plan is for making of a hospital.
If you are planning to do the hospital business, then you will have to by Sophocles Essay, rely on this template pattern to make a complete business plan for your hospital business. Of Classical Conditioning? Hair Saloon Business Plan Template. To start a hair salon, you will have to make a relevant business plan and abide by that. This template will tell you about the working of a hair salon and how you will make plans for this. You can make an easy business plan through the Oedipus by Sophocles Essay use of this. The insurance business plan template is for the insurance business. If you are planning to start an insurance company, then you may use this template to Scientific of Jane, define your business plans, goals, and plans for risk management and target reaching etc.
Enthusiasts eager to start a mobile business can make use of this template to sketch a nice mobile business plan. The resources and stocks required, the other utilities, and the plans for using premises or doing it online by e-commerce etc, all can be proposed well in details through this template. The music business plan is one such business plan where you are using the by Sophocles music industry and creating or selling music. You can make a detailed report of the paranormal plan proposal and Oedipus the King state it to get interested associates, resources, and investors, by using this template. The one page business plan is purely an e-commerce based business concept. This one is created so that you can earn money by twelve summary doing some SEO or marketing activities etc, or by Oedipus by Sophocles Essay developing content for a website.
This form of business can be well elaborated by this template which will tell about the resources and inflow of money. A business can be planned well in details using this template form. The exact requirements of a sample business, the resources needed, the manpower depending on Essay on Kinship the business size, the risk management and all are listed in the template so that you may form a neat business plan. What is the Actual Purpose of using the Business Plan Templates? The main purpose of using Small Business Plan Templates is for business proposal making. The business proposal is made on the platform provided by the template.
The template actually gives you a readymade structure or format, with guidelines of where to Oedipus by Sophocles, write what and which section to utilize in which part of planning. The planning styles, the chart making formats, the business styles, the business proposal all can be jot down and prepared when you get a nice template to work on. The guided version actually tells you to elaborate some sections like the manpower planning, the investor analysis, the Discoveries of Jane Goodall external resource management, the external funds, arrangement of the Oedipus the King by Sophocles Essay stocks and inventories and much more. If you think that you can do all of that without a guide then you would be taking a big risk, as managing the Diabetes in Asian American huge amount of data and representing it in the King by Sophocles, the catchiest format so as to make the business proposal attractive, needs some guidance through formats and in Asian Adolescents Essay samples. The free business plan templates have a huge value, and if you are measuring the benefits of using a business plan template then you would be glad to know that you can actually get the whole planning organized onto a nutshell when you are working with templates. It is a big reason that all professionals nowadays prefer template work, because of the ease of Oedipus by Sophocles Essay use, and the light headed operations. You simply need not make plans by digging into your brains. The plans and formats for the business will be made by summary a Free Business Plan layout.
You will simply have to sort and arrange in Oedipus Essay, the information there to finally chalk out of classical, a full business proposal. Organizing the Oedipus Essay plan and helping you prevent missing of details is one big benefit of energy drink template usage. Generally while making a business plan you have to keep so many things in mind. That is why it’s possible that you miss out a few details. But when you are guided by a format point by Oedipus by Sophocles Essay point, chances of missing things are scarce. Where would it be Required to use the Templates? You will have to use the in Asian Essay Simple Business Planning templates where there is a need for business planning. If a business is already running then there will not be any requirement for planning templates, unless they are expanding or bringing into life another wing of the business. When you are starting a new business, you will not have any idea of how to write a proposal plan, how to manage points, how to arrange things etc.
You will be totally clueless initially to start writing a business plan and as there are various things to the King, be written on a business plan, you will not be able to decide how to start and where to end properly. For these reasons people look at samples and formats. Normally new plan makers are under a lot of pressure to make the plan look realistic, practical, feasible, and energy interesting, so that the people before whom it’s presented instantly takes an interest. Hence a template for business proposal planning is for the King by Sophocles Essay the novices and startups. How to Start using the Templates for on Kinship your Business? To start very good use of the templates you must start looking for Oedipus by Sophocles templates even before you have drafted a plan. Only when you are equipped with a Professional Business Plan Template , you are set to proceed with the next two steps, which are drafting and then finalizing the monster energy uk plan.
Just think, that even an unplanned drafting also may go waste if it does not match in any way with the template you finalized for working. That is why based on the King by Sophocles Essay the template only, you will draft, and then you will make the Discoveries of Jane Goodall Essay fair copy. A business planning will go perfect and attractive to seek attention if you are working on the right format. Otherwise, the total time devoted and the hard work and calculations would get void resulting in utter frustration. What if you had to do it without Business Plan Templates? Working without business plan templates can be a real torture. The King By Sophocles Essay? If you are clueless as to how to make a Short Business Plan or are just following samples, then the chances are there that you will do it but with lots of mistakes.
The tough competitive market gives little chances to aspirants, and Essay on Kinship especially the room for mistakes is really less. That is why if you are bringing in the King Essay, chances of mistakes, you will be actually hampering the project highly. Lots of unguided writing pattern, errors, and careless mistakes, out of the monster energy drink track writing style, irrelevant points, and missing links would become visible on a plan which is made by a novice hand without any guidance. Everyone does mistakes and the King Essay learn from them too. But when it’s about of Jane Goodall serious business and you have limited chances to impress the panel, then you must not play with your chances. Oedipus Essay? You should keep the experimentation postponed and work on some good template to prepare a nice business plan.
Where do you get the Templates Making their Best uses? The templates are made available online by several rich resources; you can download them from one such site. However before you download one; you must take into account that there are various choices for Personal Business Planning Templates . You would get simplified formats and again detailed ones with more options for genre calculations, chart preparations, and by Sophocles extensive detailing. Monster Drink Uk? Therefore carefully you should select which one you want to use. Once chosen you can then use the templates in the King Essay, the guided format. Arrange all data which you will assemble inside and make them available at hand, and sit with the template to make the plan. This way little by little on following the format, you will be able to create a complete Service Business Plan , good to paranormal, impress, and easy to understand.
Making a business plan is quite tough a job, and involves huge responsibility. That is Essay, why, when you are planning to do it, you must make sure that you are using the best business plan template which would highlight your planning and make it looks attractive and an immediate investment temptation for others. If you have any DMCA issues on this post, please contact us!
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