The world since globalization In 1492, researchers say that was the day when globalization began after Christopher Columbus found America. Shortly after, in 1498, the voyage of Vasco de Gamma disrupted the spice trade monopoly and led to a very high rate of globalization. It is argued that globalization significantly leads to the development of countries but at the same time makes the rich to be costlier and the poor to be weaker. According to this essay, globalization is a good thing despite the negative heard about it. Each move conducted contains a positive and a negative side, and if the positivity outweighs the latter, it is justified to follow on the greater good and consider going ahead. Thanks to globalization, local producers can sell their products overseas very fast and efficiently as compared to selling to someone in the same country. It has made the economies to be integrated as opposed to the previous model, which comprised of isolated economies and was difficult to conduct business internationally. This integration of economies consequently leads to countries being richer thanks to…

Concept of WACC In Managerial finance, both the concepts of cost of capital and the weighted average cost of capital are vital to understand. Investors, along with the company management, are affected due to the application of these concepts. The cost of capital is defined as the combined cost of debt, retained earnings, preferred shares, and equity. These components are also referred to as various sources, and the cost of capital tends to vary based on a firm’s requirements. Similarly, the concept of WACC refers to the calculation of the firm’s cost of capital. As soon as the rate of return on equity increases, the WACC also increases. It implies that the firm will face increased risks in its future endeavors. It is vital to know the usage of both the concepts both at an individual level and at an organizational level. Questions related to project investments can easily come to mind, and organizations must take calculated risks. Concepts such as cost of capital and WACC or a weighted average cost of capital are a part of managerial finance. Both…

The Application of Gene Transfer and Incorporation Commercial Application Gene transfer is used in the development of genetically modified (GM) foods. Hereby, a gene from an organism is moved into another and the interweave means the novel DNA is slid into the host’s DNA and becomes part of the organism (Soucy, Huang, and Gogarten, 472). GM food grow bigger at faster rate to produce an abundant amount of food whilst being resistant to variables like drought and pests. Recent Advances in Medicine Gene transfer and incorporation has enabled gene therapy, which is a method of treating diseases through manipulation of genes. Adenoviruses and retroviruses are among the most frequently used viral vectors. The retrovirus presents the gene it carries to the cell genome being targeted while the adenovirus presents the gene into the cell nucleus of the targeted cell without interweaving it into the cell genome (Soucy, Huang, and Gogarten, 472). The therapy is still being tested to determine its viability. Advantages and Disadvantages Gene transfer is advantageous to a cell if the gene being acquired performs a useful role,…

NVIDIA CORPORATION Introduction NVIDIA Corporation is a company which created the graphics processing unit which brought innovations in computer graphics. It is persistently inventing new ideas in visual computing and interactive graphics for smartphones, portable computers, and workstations. The company has advanced the graphics processing unit into computer chips at the connection of virtual reality, artificial intelligence, and extraordinary performance computing. One of the significant business decisions made by NVIDIA Corporation was a proposal for reorganization. The company reorganization locates resources like individuals and merchandises around to enable the business to operate more proficiently and enable the research plus development strategies to be more streamlined than before (NVidia Corporation 2018). Even though reorganizing and reallocation of resources are costly, it will be easier for the company since its main resources are individuals. The NVIDIA utilizes macro setting factors like economic cycle to determine the demand and investment; and also competition rules which has a positive impact on the firm (Teske, Daric 2018). The economic factors being utilized by the business organization includes inflation, semiconductor, and growth rate. The industry sector…

The Alaska Native Regional Corporations (ANCSA) and the Native corporation system The Alaska Native Regional Corporations (ANCSA) and the Native corporation system have been good for Alaska Natives. There are several examples of activities by the organizations have had a positive impact on the people living in Alaska and experts believe that the corporations may have a more significant impact in the future. For example, the organizations are sources of employment to the natives. The corporations are rated among the largest employers in the region. The corporations also own large enterprises within and outside the state that earn Alaska more revenue. Moreover, several Alaska Native corporations have partnered with Alaska resource industries in development projects across the state. As a result, more jobs are created, the rate of development in the region is high, and the economy has improved significantly. Alaska is now rated highly among the most developing states in the 21st century. The passage of ANCSA was contingent on several historical events. Among the factors that influenced the formation of the corporations was World War II. The war…

Qatar General Petroleum Corporation and Mobil QM Gas Inc. Executive Summary Qatar General Petroleum Corporation and Mobil QM Gas Inc. own Ras Gas, which in full is referred to as Ras Laffan Liquefied Natural Gas (LNG) Company Limited, with a stake of 70 and 30 percent respectively. Ras Gas has the right to develop 10 million tons every year of LGN, and it is currently constructing 5.2 million per year (Randolph & Schrantz, 1997). The initial cost of the project was set to be $3.4 billion. The role of capital market debt plays a significant role in financing the Ras Gas project. The funding of the project was expected to be divided into equity and debt. The debt was to form 70% of the total cost of the project, and the remaining 30% distributed to the two owners, QGPC and Mobil. The cost of the project increased from the initial $3.4 to about $2.5 billion. The cost was bid when there was tighter construction market, and as things continued to change in the market, prices were to be revised. Consequently,…

China National petroleum corporation Introduction The China National Petroleum Corporation was established in 1988. It is based in Beijing, China. The presidents of the organization are hanging wee, and Jianhua Zang.it is the largest integrated oil gas company. The company owns more than twenty oilfields of overseas onshore oil and natural gas disciplines. The company began trading it partakes on the honking and New York stock exchanges in April 2000(Guo et al. 2018). China National Petroleum Corporation upgrades and distributes oils and gas outputs. The Company researches, upgrades, and markets, kerosene, diesel, chemical light oils, fuel oils, solvent oils, and more. China National Petroleum also offers refueling, oilfield, petroleum apparatus supply, and other services.   The PESTEL Analysis This is an implement used to find the key effectors of change in the strategic environment. These tools include economic, social, legal, political, technological, and political factors. Basically, the pestle analysis will discuss the macro environment of the institution. Changes in these principles will lead to a huge impact on the performance of the organization. The pestle analysis provides important information on…

How Corporations Bury Ethical Problems             Several businesses often face ethical dilemmas. These dilemmas may arise from; the behavior of the business employees to one another and the public, and the interaction between the business management and its employees. Businesses are therefore compelled to react in certain ways so that the ethical dilemma does not lead to negative publicity for the business. The purpose of this paper is to identify how the Catholic Church and Enron have buried their ethical problems in the past. The Catholic Church has in the past faced criticism following the rampant cases of sexual abuse by their priests. In 2002, Cardinal Egan, a former Archbishop of New York reacted to the claims of sexual abuse by priests that occurred in the Diocese of Bridgeport by referring to the acts as “ mistakes.” He provided an apology which was interpreted by most people to be conditional and was considered a cover-up by the Catholic Church. The top leadership of the church has also been accused of ignoring the reports and evading public exposure by shuffling the…

Ralph Lauren Corporation Ralph Lauren Corporation is a fashion-based company that produces products ranging from mid-range to luxury sections and based in America hence providing clothing. Besides, the company markets and distributes its clothing products based on four primary categories, that is, home, apparel, fragrances, and accessories. The company produces brands like mid-range chaps brand, Ralph Lauren Children-swear, Club Monaco brands, and Denim and Supply Ralph Lauren, among other products. Besides, the company was formed in 1967 by American fashion designer, Ralph Lauren, and started by producing men’s ties, thus becoming the American publicly traded holding company in New York City. On the other hand, Burberry brands focus on the production of old tacky ties. The Burberry brand was formed in 1856 by Thomas Burberry. Today, Burberry Company is considered as one of the top 10 best luxurious brands across the world, having a total of over $5 billion. This paper, therefore, investigates global fashion production and distribution by comparing products made by Ralph Lauren Company and Burberry Company based in different countries, as discussed below. Ralph Lauren Company majorly…

Qualitative Analysis for Chandler Corporation Chandler’s products are custom engineered and made for every location.  The outcomes present a variety for the customers to choose from depending on the style of frame desired to create a natural look. The quantitative analysis depicts various elements that the organization can use when deciding on the new products as the information can get used by the management for the success of the company. The various elements in the computation are essential for manufacturing decisions. From the predetermined overhead rate that can help the company to apply the manufacturing overhead to products or job orders (Chiang, 2013). The values can help the organization determine the number of units required for manufacturing and the cost of every unit, as well as the overall expenses that is beneficial as it helps the firm set the resources needed to execute planning. The planning process is crucial in management and an essential element of success. The computation will help the management allocate a given amount of manufacturing overhead to every direct labor or machine hour. Chandler will thus…