Self-Assessment Essay Example | Topics and Well Written Essays - 500 words

Self-Assessment - Essay Example Understanding people and their culture help people to appreciate the culture. The book provides the history of the Latin Americans, their landscapes, migration and cities, and the current condition of that region (Sanabria 12). The information provided by the book is essential to compare Latin America’s past and current life. As a student, the book will help me know the successes and challenges the Latin Americans encountered, and how to face the future. The history of America is very long. What America is now is very different from the America of a century ago. The modern America is very developed. The book paints a picture of Latin America from the past to the modern picture. The book helps to trace the history of the Latin Americans, the development it has made, and the expectation of the future. The information provided opens people’s eyes concerning Latin Americans. The book offers some good lessons on what countries or individuals ought to do in order to face their challenges. As an individual, I learn that challenges exist in order to be conquered by people and countries. When an individual or country has planned well, when a country has a clear vision, it is a matter of time before the realization of the goals and objectives. The Latin America has developed since it values its culture and appreciates good leadership. Great leadership is a necessary ingredient if a country is to spur development (Sanabria 120). The people must be ready to work hard in order to ensure that the country grows in terms of social, economic and political facets. The Europeans played an important role in the process of civilization of the Latin Americans. The Latin Americans borrowed some cultures from the Europeans, and so did the Europeans. It might explain why Latin Americans have a good relationship with the Europeans. The book describes the impact of globalization in Latin America. Latin America has obtained many benefits from

Finance and Growth Strategies Assignment Example | Topics and Well Written Essays - 3500 words

Finance and Growth Strategies - Assignment Example The internal rate of return is the cost of capital that will equate the present value of future cash flows to zero. In other words, it is the required rate of return which will yield a zero NPV. Thus, equation 1 can be modified such that NPV is replaced by 0. NPV calculations can be done manually but the process is tedious as it requires calculating the NPV by using different values of cost of capital. Another is the use of software like Microsoft Excel to generate a more accurate figure. The decision about whether the project should be accepted or not will be based on the results of the financial and strategic analyses using techniques like NPV and IRR. In using NPV as a tool, the general rule is to accept projects or investments which generates a positive NPV while rejecting those which yields negative NPV. The result of the NPV has a direct implication on the value of IRR relative to the required rate of return. Accordingly, a project is pursued if the IRR is equal to or higher than the required rate of return. In contrast, a project with a lower IRR than the cost of capital is turned down. It should be noted that a positive NPV is indicative of an IRR which is higher than the required rate of return. Â  Accordingly, a project is pursued if the IRR is equal to or higher than the required rate of return. In contrast, a project with a lower IRR than the cost of capital is turned down. It should be noted that a positive NPV is indicative of an IRR which is higher than the required rate of return. The project considered by Fujisawa, which is the expansion of its product line should be accepted based on the quantitative analyses using NPV and IRR techniques. The investment yields a relatively high NPV of 9,235,200. The IRR of 33.996% is very high compared to the required rate of return of 9%. Thus, Fujisawa will reap higher benefits than its capital outlay in the proposed project. However, it should also be noted that quantitative analyses are often not enough in ascertaining whether an investment should be pursued or not. Though expansion of the product is quantitatively profitable, qualitative factors like consumer demand and others should also be taken into account. Â