Net Present Value Model (NPV) Coursework Example | Topics and Well Written Essays - 250 words

Net Present Value Model (NPV) - Coursework Example A con of this method is that the numerical values can sometimes lead to erroneous decisions (Arya & Fellingham & Glover, 1998). The IRR is the rate of return a firm expects to earn if a project is accepted. Similarly to NPV an advantage of this method is that it takes into consideration time value of money. The biggest con of the method is that it is more difficult to calculate. A lot of companies prefer to use the internal rate of return method because this method quantifies the potential earnings of a project in the form of a numerical rate. The calculation of IRR is similar to finding the yield to maturity of a bond (Besley & Brigham, 2000). A project manager can know how much extra income a firm can obtain from a project. The capital budgeting evaluation technique that I prefer is net present value. This technique allows a manager to select the best project among several options. The project selected should be the one with the highest NPV value. Another reason that I prefer NPV over other capital budgeting techniques is because it is the best method to accomplish the goal of maximizing shareholder’s wealth (Besley, et al. 2000). Arya, A., Fellingham, J., Glover, J. (1998). Capital Budgeting: Some Exceptions to the Net Present Value Rule. Issues in Accounting, 13(3). p.499-508. Retrieved April 3, 2014 from

Culture Shock Essay Example | Topics and Well Written Essays - 500 words

Culture Shock - Essay Example Often, the way that we lived before, is not accepted or considered as normal, in the new place’. The cultural shock experienced by the diverse communities in the current multicultural society due to widely disparate socio-cultural values, is one of the most important factors that needs to be fully understood in the broader context. The changing values necessitate development of a new social order which would not only embrace multi cultural values but help forge a universal bond that would transcend national and religious boundaries for peaceful co-existence. Gender inequality and outlook towards casual sex are two of the most important cultural factors of the conservative cultures of the South-East Asian countries. When people from these countries travel to the West, especially America, they experience cultural shock. America is a land of opportunity and is characterized by its ever expanding diverse cultural paradigms. The democratic values are more emphatically visible here through equality between the genders and freedom of informed choices. The opportunities to exert those choices are openly practiced with societal support that an Indian immigrant, initially finds hard to accept. The language barriers, rules and regulations, food etc are other factors that make it difficult for them to overcome. It is important to understand that dapting to different environment is a gradual process that happens in phases. Before completely getting acculturized, factors like social networking and learning the language of the host country facilitates adjustment.