Lower division capstone ip3 Essay Example | Topics and Well Written Essays - 500 words

Lower division capstone ip3 - Essay Example Following is how I start. Before we start, I would postulate that I could expect to achieve a face-to-face interview at three prominent organizations that I know and that I also know in particular as attractive and potential employers. On my list Wal-Mart is the first one. Undoubtedly this is an organization that is well known to me and comfy talking about as far as marketing is related. Continued expansion and success are attributes that make this particular firm so attracting for the job. A workable opportunity in the marketing department should be permissible as praiseworthy. The most significant of it is to categorize whether the asked opportunity is a low hanging fruit, single, or a good home run. Moreover, the most crucial thing is to assess every opportunity of marketing and after that come to an communicated decision that will mostly likely to be based on my past experiences and market research to finalize the best one out of those ideas. Foreseeing the selected idea will result positively or negatively on the organization and also deciding the importance of the opportunity would be for a financial improvement or not. My suggestion for business giant like Wal-Mart is to go for the implementation of cell phone contract with the reliable network of the country, but with Wal-Mart acting the go between to help will ease up the process for the customers as possible. It would be quite an easy objective for Wal-Mart to master; if I would have to categorize it, I will set it in the easily achievable category or the fruit hanging low in the customer domain. However, this objective will give boost to the company to compete with the other national cellular service providers who would also want to take advantage for providing this service. Second one my valuable companies would be Blockbuster. My suggestion for this company would be to upgrade in the digital area. If they are able to upgrade themselves in the field of technology and have more

Orporate finance Essay Example | Topics and Well Written Essays - 4000 words

Orporate finance - Essay Example They also relaxed the stationarity assumptions of the random walk model. Fama (1970) continued the formalisation of the notion of "efficiency" in economic terms. He defined an efficient market as one "in which prices always 'fully reflect' available information". He also stated the conditions that would suffice for efficiency: "(i) there are no transactions costs in trading securities, (ii) all available information is costlessly available to all market participants, and (iii) all agree on the implications of current information for the current price and distributions of future prices of each security." Though adopting a statistical viewpoint, Fama (1970) differentiated information as "weak", "semi-strong" and "strong" forms. Later on, Rubinstein (1975), Beja (1976), Beaver (1981), and Latham (1986) adopted the framework of information economics where the definition is expressed in terms of the actions of individuals, as opposed to the actions of the market as defined by Fama (1970). Specifically, according to Beaver (1981): "A securities market is efficient with respect to a signal yt if and only if the configuration of security prices {Pjt} is the same as it would be in an otherwise identical economy (i.e. with an identical configuration of preferences and endowments) except that every individual receives yt as well as [that individual's own information]." Ray Ball (1994, p. 12-13) has a few criticisms of this school of thought. First, he argues that security prices in the "otherwise identical world" are ultimately priced using CAPM, which is implied by Fama's (1976) model. Secondly, he critiques that this model has confused properties of market with properties of information. Grossman (1976), Grossman and Stiglitz (1980) and Jordan (1983) associated "efficiency" with incentives to produce information. ACCOMPLISHMENTS First, the theory of stock market efficiency has developed prevalent respect for markets. Empirical evidence pointed to the efficiency of the stock markets, changing academic and even non-academic attitudes from suspicion to respect. Furthermore, the pioneer work on "efficiency" coincided with the surge in interest in and respect for markets in general among economists, and subsequently among politicians. The pioneer empirical work thus assumed importance and attracted interest beyond its direct impacts on stock markets. It led the global trend toward liberalising financial and other markets. The theory of stock market efficiency has also changed perceptions about how stock markets work. Before FFJR (1969)'s work, market reaction to information is viewed from a single point in chronological time to broad