Tuesday, December 24, 2019
The British American Tobacco Company Essay - 1153 Words
The company that we were assigned is the British American Tobacco company. This company was formed in 1902. When United Kingdom Imperial Tobacco company and the American Tobacco company joined ventures together. British American Tobacco is the 2nd biggest transnational tobacco manufacturing company based in the UK. Therefore, we will be talking about the competitors, industry, external drivers, industry outlook, and advertisement. The key competitors are Phillip Morris International, Reynolds, American, and Imperial (Mintel). With the new trend of people trying to be healthy people are starting to quit smoking. The ways they are doing that is with products that remove the harmful chemicals and slowly lower the dose of nicotine they get to make them quiet (Mintel). Since this opening new products to be launched like the Vype which was launched in 2013 by the British American Tobacco company (Mintel). Then they have competitors like Phillips Morris International who also makes Marlboro which everyone has heard of before (Mintel). They are planning on launching e-cigarette brand a year after British American Tobacco does. Then there is the Imperial company which is bought property from Chinese E-cigarette maker dragonite (Mintel). It shows since people are getting away from all of the harmful chemicals in regular cigarettes that the companies have to improvise in the demand of people wanting E-cigarettes n ow. BAT has a large market presence in countries such asShow MoreRelatedThe British American Tobacco Company: Business Ethics2879 Words à |à 12 Pagesï » ¿The British American Tobacco Company: Business Ethics The British American Tobacco company is a multinational company with over 200 brands that they have developed under the guidance; the company is staggeringly successful, selling 694 billion cigarettes in 2012 (bat.com). 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The cigarette manufacturers had argued that plain packaging laws constitute an ââ¬Ëacquisition of propertyââ¬â¢ (eg, trade marked logos and images on cigarette boxes) not on ââ¬Ëjust termsââ¬â¢. Was this a good outcomeRead MorePolitical, Social, and Economic Causes of the American Revolution1442 Words à |à 6 Pages It is easy to interpret the American Revolution simply as a struggle for freedom. The magnanimous phrases of the Declaration of Independence have embedded in our hearts and minds glorious images of the Founding Fathers fighting for the natural rights of man. The American Revolution, however, also had a darker side to it, the side of self-interest and profit. 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Monday, December 16, 2019
Part Three Chapter X Free Essays
X Parminder worked late on Monday evenings, and as Vikram was usually at the hospital, the three Jawanda children laid the table and cooked for themselves. Sometimes they squabbled; occasionally they had a laugh; but today, each was absorbed in their own particular thoughts, and the job was completed with unusual efficiency in near silence. Sukhvinder had not told her brother or her sister that she had tried to truant, or about Krystal Weedonââ¬â¢s threat to beat her up. We will write a custom essay sample on Part Three Chapter X or any similar topic only for you Order Now The habit of secrecy was very strong in her these days. She was actively frightened of imparting confidences, because she feared that they might betray the world of oddness that lived inside her, the world that Fats Wall seemed able to penetrate with such terrifying ease. All the same, she knew that the events of the day could not be kept quiet indefinitely. Tessa had told her that she intended to telephone Parminder. ââ¬ËIââ¬â¢m going to have to call your mum, Sukhvinder, itââ¬â¢s what we always do, but Iââ¬â¢m going to explain to her why you did it.ââ¬â¢ Sukhvinder had felt almost warm towards Tessa, even though she was Fats Wallââ¬â¢s mother. Frightened though she was of her motherââ¬â¢s reaction, a tiny little glow of hope had kindled inside her at the thought of Tessa interceding for her. Would the realization of Sukhvinderââ¬â¢s desperation lead, at last, to some crack in her motherââ¬â¢s implacable disapproval, her disappointment, her endless stone-faced criticism? When the front door opened at last, she heard her mother speaking Punjabi. ââ¬ËOh, not the bloody farm again,ââ¬â¢ groaned Jaswant, who had cocked an ear to the door. The Jawandas owned a patch of ancestral land in the Punjab, which Parminder, the oldest, had inherited from their father in the absence of sons. The farm occupied a place in the family consciousness that Jaswant and Sukhvinder had sometimes discussed. To their slightly amused astonishment, a few of their older relatives seemed to live in the expectation that the whole family would move back there one day. Parminderââ¬â¢s father had sent money back to the farm all his life. It was tenanted and worked by second cousins, who seemed surly and embittered. The farm caused regular arguments among her motherââ¬â¢s family. ââ¬ËNaniââ¬â¢s gone off on one again,ââ¬â¢ interpreted Jaswant, as Parminderââ¬â¢s muffled voice penetrated the door. Parminder had taught her first-born some Punjabi, and Jaz had picked up a lot more from their cousins. Sukhvinderââ¬â¢s dyslexia had been too severe to enable her to learn two languages and the attempt had been abandoned. ââ¬Ëâ⬠¦ Harpreet still wants to sell off that bit for the road â⬠¦Ã¢â¬â¢ Sukhvinder heard Parminder kicking off her shoes. She wished that her mother had not been bothered about the farm tonight of all nights; it never put her into a good mood; and when Parminder pushed open the kitchen door and she saw her motherââ¬â¢s tight mask-like face, her courage failed her completely. Parminder acknowledged Jaswant and Rajpal with a slight wave of her hand, but she pointed at Sukhvinder and then towards a kitchen chair, indicating that she was to sit down and wait for the call to end. Jaswant and Rajpal drifted back upstairs. Sukhvinder waited beneath the wall of photographs, in which her relative inadequacy was displayed for the world to see, pinned to her chair by her motherââ¬â¢s silent command. On and on went the call, until at long last Parminder said goodbye and cut the connection. When she turned to look at her daughter Sukhvinder knew, instantly, before a word was spoken, that she had been wrong to hope. ââ¬ËSo,ââ¬â¢ said Parminder. ââ¬ËI had a call from Tessa while I was at work. I expect you know what it was about.ââ¬â¢ Sukhvinder nodded. Her mouth seemed to be full of cotton wool. Parminderââ¬â¢s rage crashed over her like a tidal wave, dragging Sukhvinder with it, so that she was unable to find her feet or right herself. ââ¬ËWhy? Why? Is this copying the London girl, again ââ¬â are you trying to impress her? Jaz and Raj never behave like this, never ââ¬â why do you? Whatââ¬â¢s wrong with you? Are you proud of being lazy and sloppy? Do you think itââ¬â¢s cool to act like a delinquent? How do you think I felt when Tessa told me? Called at work ââ¬â Iââ¬â¢ve never been so ashamed ââ¬â Iââ¬â¢m disgusted by you, do you hear me? Do we not give you enough? Do we not help you enough? What is wrong with you, Sukhvinder?ââ¬â¢ In desperation, Sukhvinder tried to break through her motherââ¬â¢s tirade, and mentioned the name Krystal Weedon ââ¬â ââ¬ËKrystal Weedon!ââ¬â¢ shouted Parminder. ââ¬ËThat stupid girl! Why are you paying attention to anything she says? Did you tell her I tried to keep her damn great-grandmother alive? Did you tell her that?ââ¬â¢ ââ¬ËI ââ¬â no ââ¬â ââ¬Ë ââ¬ËIf youââ¬â¢re going to care about what the likes of Krystal Weedon says, thereââ¬â¢s no hope for you! Perhaps thatââ¬â¢s your natural level, is it, Sukhvinder? You want to play truant and work in a cafe and waste all your opportunities for education, because thatââ¬â¢s easier? Is that what being in a team with Krystal Weedon taught you ââ¬â to sink to her level?ââ¬â¢ Sukhvinder thought of Krystal and her gang, raring to go on the opposite kerb, waiting for a break in the cars. What would it take to make her mother understand? An hour ago she had had the tiniest fantasy that she might confide in her mother, at last, about Fats Wall â⬠¦ ââ¬ËGet out of my sight! Go! Iââ¬â¢ll speak to your father when he comes in ââ¬â go!ââ¬â¢ Sukhvinder walked upstairs. Jaswant called from her bedroom: ââ¬ËWhat was all that shouting about?ââ¬â¢ Sukhvinder did not answer. She proceeded to her own room, where she closed the door and sat down on the edge of her bed. Whatââ¬â¢s wrong with you, Sukhvinder? You disgust me. Are you proud of being lazy and sloppy? What had she expected? Warm encircling arms and comfort? When had she ever been hugged and held by Parminder? There was more comfort to be had from the razor blade hidden in her stuffed rabbit; but the desire, mounting to a need, to cut and bleed, could not be satisfied by daylight, with the family awake and her father on his way. The dark lake of desperation and pain that lived in Sukhvinder and yearned for release was in flames, as if it had been fuel all along. Let her see how it feels. She got up, crossed her bedroom in a few strides, and dropping into the chair by her desk, pounded at the keyboard of her computer. Sukhvinder had been just as interested as Andrew Price when that stupid supply teacher had tried to impress them with his cool in computing. Unlike Andrew and a couple of the other boys, Sukhvinder had not plied the teacher with questions about the hacking; she had merely gone home quietly and looked it all up online. Nearly every modern website was proof against a classic SQL injection, but when Sukhvinder had heard her mother discussing the anonymous attack on the Pagford Parish Council website, it had occurred to Sukhvinder that the security on that feeble old site was probably minimal. Sukhvinder always found it much easier to type than to write, and computer code easier to read than long strings of words. It did not take very long for her to retrieve a site that gave explicit instructions for the simplest form of SQL injection. Then she brought up the Parish Council website. It took her five minutes to hack the site, and then only because she had transcribed the code wrong the first time. To her astonishment, she discovered that whoever was administering the site had not removed the user details of The_Ghost_of_Barry_Fairbrother from the database, but merely deleted the post. It would be childââ¬â¢s play, therefore, to post in the same name. It took Sukhvinder much longer to compose the message than it had to hack into the site. She had carried the secret accusation with her for months, ever since New Yearââ¬â¢s Eve, when she had noticed with wonder her motherââ¬â¢s face, at ten to midnight, from the corner of the party where she was hiding. She typed slowly. Autocorrect helped with her spelling. She was not afraid that Parminder would check her computer history; her mother knew so little about her, and about what went on in this bedroom, that she would never suspect her lazy, stupid, sloppy daughter. Sukhvinder pressed the mouse like a trigger. How to cite Part Three Chapter X, Essay examples
Sunday, December 8, 2019
Fianancial Payback Period
Question: Discuss about the Report for Fianancial Payback Period. Answer: (A) Year Cash Flow NPV @ 10% 0 - 30,00,000 - 30,00,000 1 7,00,000 6,36,364 2 7,00,000 5,78,512 3 7,00,000 5,25,920 4 7,00,000 4,78,109 5 - 13,00,000 - 8,07,198 6 7,00,000 3,95,132 7 7,00,000 3,59,211 8 7,00,000 3,26,555 9 7,00,000 2,96,868 10 9,00,000 3,46,989 1,36,463 It is clear from the above calculation that NPV is positive. Therefore, RWE will create additional value of $ 136,463 over and above the required rate of return of 10%. RWE should take this project based on NPV method. However, it is better if we consider other factors like payback before deciding about the project. (C) Year Cash Flow NPV @ 10% Cumulative Cash Flow Cumulative Discounted Cash Flow 0 - 30,00,000 - 30,00,000 - 30,00,000 - 30,00,000 1 7,00,000 6,36,364 - 23,00,000 - 23,63,636 2 7,00,000 5,78,512 - 16,00,000 - 17,85,124 3 7,00,000 5,25,920 - 9,00,000 - 12,59,204 4 7,00,000 4,78,109 - 2,00,000 - 7,81,094 5 - 13,00,000 - 8,07,198 - 15,00,000 - 15,88,292 6 7,00,000 3,95,132 - 8,00,000 - 11,93,160 7 7,00,000 3,59,211 - 1,00,000 - 8,33,949 8 7,00,000 3,26,555 6,00,000 - 5,07,394 9 7,00,000 2,96,868 13,00,000 - 2,10,526 10 9,00,000 3,46,989 22,00,000 1,36,463 1,36,463 Payback period = 7 + (100000 / 700000) = 7 + 0.14 = 7.14 Discounted Payback = 9 + (210526 / 346989) = 9 + 0.61 = 9.61 Payback period tell us how quickly we can recover our investment in a project. We are talking about just investment amount, not of profit. If the investment is recovered in the initial years of the project. That project is said to be less risky. But if the investment is recovered in last stages of the project, project will be considered very risky. A business should try to take very cautious decision in these kind of projects. In the given case, payback period (without discounting) is 7.14 years. Since, this is at the later stage of the project, project will be considered risky. Discounted payback period is 9.61 years. Out of the total period of 10 years, RWE is able to recover its investment in year 10. Therefore, this project is very risky. Discounted payback period is considered to be more relevant than non-discounted payback period. Reason being discounted payback takes into account the time value of money which is ignored by simple non-discounted payback method. Depending upon the discounted payback method, this project will be called very risky. Management needs to take decision very carefully in this case. As if the projections moves slightly on lower side, this project will run into losses. Looking at the data, it appears that even a 5% variation in projection will lead project into losses.
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