Time Value of Money Exam Questions Essay Example

Time Value of Money: Exam Questions Essay Time Value of Money Project Show all your work! Name _________________ 1. On the off chance that Mrs. Sea shore needed to contribute a single amount of cash today to have $100,000 when she resigned at 65 (she is 40 years of age today) the amount of a store would she need to make if the loan fee on the C. D. was 5%? a. What might Mrs. Sea shore need to store if she somehow managed to utilize excellent corporate securities an earned a normal pace of return of 7%. b. What might Mrs. Sea shore need to store if she somehow happened to utilize normal stock and earned a normal pace of return of 11%. c. What kind of an issue is this? __________ 2. On the off chance that you had an installment that was expected you in 5 years for $50,000 and you could win a 5% pace of return, what amount would you acknowledge as installment today for this installment later on? a. In the event that your pace of return is 8%, what amount would you acknowledge as installment today? b. In the event that your pace of return is 10%, what amount would you acknowledge as installment today? c. What sort of an issue is this? ___________ 3. You need to set aside enough cash to resign as a mogul. On the off chance that you could win 10% with normal stocks, what amount would you need to put aside every year to have $1,000,000 when you are 65? . On the off chance that you were going to make a store month to month, what amount would you need to put aside every month to have $1,000,000 when you are 65? b. In the event that you had the option to gain 11%, what amount would you need to put aside every month to have $1,000,000 when you are 65? c. What kind of an issue is this? ___________ 4. On the off chance that you were going to purchase your office from Mrs. Sea shore for $500,000 with a 10% up front installment, 15 years financing with a 6% loan fee, what amount would your installments be every month? a. What might be the head and intrigue installment on the main installment? b. What might be the head and intrigue installment on the twelfth installment? c. What sort of an issue is this? ___________ 5. Same issue as above, however accept that the credit was for a long time? What is the new installment? a. What might be the head and intrigue installment on the principal installment? b. What might be the head and intrigue installment on the twelfth installment? c. What kind of an issue is this? ___________ 6. You need to buy a truck for $25,000 and you have $3,450 to put down. What amount will your installments be on the off chance that you financed the truck for 60 months at 6%? a. What amount would the installment be if pace of intrigue is 5% and you just financed the truck for four years? b. Accepting that you would just fund the truck for a long time, what amount would you have to put down to get your installment to $450. 00? c. What sort of an issue is this? ___________ 7. You have $350. 00 every month to spend on a vehicle installment. On the off chance that your credit association charged 7. 5% enthusiasm on a trade-in vehicle, what amount of vehicle would you be able to buy in the event that you will just back for a long time? __________ 8. On the off chance that you need to buy a home. You have $15,000 to put down. Everything you can bear the cost of is $1,500. 0 every month and you would prefer not to back for over 15 years @ 6% intrigue, (your expenses will be $85. 00 every month and protection $200. 00 every month), what is the sum you can pay for your home? (Show all your work) 9. You need to buy a business with the accompanying incomes. What amount would you pay for this business today expecting you required a 14% come back to make this arrangement? a. Year 2011 $150,000 b. Year 2012 $175,000 c. Year 2013 $225,000 d. Year 2014 $275,000 10. What amount would you pay for this business today accepting you required a 18% come back to make this arrangement? What kind of an issue is this? _______________tm We will compose a custom exposition test on Time Value of Money: Exam Questions explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Time Value of Money: Exam Questions explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Time Value of Money: Exam Questions explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer

Discussion Essay Example | Topics and Well Written Essays - 250 words - 42

Conversation - Essay Example This is clear with systems or ideological groups whose hierarchical structure uses racial bases (Abdul 428). Generally, the isolated classification or race expect the low class while the flourishing one underlines on utilizing the separating strategies to keep up its group (Abdul 427). Inconsistent riches appropriation involves concern particularly to the general public or state where it requires powerful and convenient amendment. This is on the grounds that in numerous events, it respects wrangles or wars particularly in the event that it involves different topographical and political coalitions. Inconsistent circulation of riches as a rule prompts lopsided improvement particularly in a state where the most preferred individuals or locale because of political impact, keeps on flourishing contrasted with others. Henceforth, in a roundabout way this generally makes the state’s economy fall behind in spite of the most profiting individuals having a place with the top class or the supported locale (Abdul 427). It additionally prompts expanded condition of destitution where the influenced individuals can't balance out financially. This is on the grounds that the effectively set strategies generally go about as an obstruction among them and their predeterminations (Abdul 427). Along these lines, I accept the execution of approaches by systems or any position to guarantee inconsistent riches circulation is exploitative. Furthermore, it prompts increasingly financial difficulties even to the supported classifications, however by implication. Abdul Aziz, et al. Issue Of Unequal Distribution Of Wealth And Role Of Infaq (Donation) In Its Solution. Interdisciplinary Journal of Contemporary Research in Business 3.2 (2011): 426-429. Web. 27Th October

Financial & Management Accounting Essay Example | Topics and Well Written Essays - 4750 words

Budgetary and Management Accounting - Essay Example It is a route for associations to be responsible to their partners, but on the other hand is an administration device to improve the exhibition of the association. This article centers around understanding the job bookkeeping, including social and moral bookkeeping, plays in distinguishing and keeping up responsibility from the perspective of a traded on an open market business association. Receiving social and moral bookkeeping has helped associations to accomplish improved outcomes as they continued looking for greatness. This aides in illuminating the partners about the exercises of the association that address the issue to be responsible to the general public, condition and the administration. It likewise has appeared to influence the exhibition on different fronts, viz. The utilization and broad arrangement of computerized advances and developing worries about the social and natural obligations of associations requires an adjustment in the customary perspective on bookkeeping rehearses. In the new situation the influence is felt in their working in monetary terms, yet in addition brings more extensive social, institutional and hierarchical impacts into play. On an absolutely specialized level, assembly of Information Technology (IT) impacts authoritative procedures legitimately. As comprehension of its latent capacity is developing, the meaning of administrative interests and the quest for upgraded authoritative execution is likewise evolving. Definitely, IT impacts the structure, substance and provenance of inward bookkeeping data. This impacts the conduct and activities of chiefs. Information about the impact of computerized advances on bookkeeping thinking procedures and practices is beginning to develop. Thinking on an assortment of issues identifying with valuing procedures, cost the board and control systems has just changed. Be that as it may, the suggestions for the field are far more extensive. Parts of trust, authoritative force and impact, social movements, and decision of procedure are modifying the executives bookkeeping frameworks, structures, thinking and practices. 3.0 Financial and Management Accounting 3.1 Financial Accounting Account is utilized by governments, organizations and people just as by a wide assortment of associations including schools and non-benefit associations. When all is said in done, the objectives of every one of them are accomplished using fitting money related instruments, with thought to their institutional setting. Money related Accounting studies and addresses the manners by which people, organizations and associations raise, distribute and utilize fiscal assets after some time and detailing the outcomes to every one of the individuals who take an interest in the hazard related with the activities embraced. Monetary bookkeeping may in this way consolidate the investigation of cash and different resources and the administration and control of those advantages. In contemporary associations the account is typically given by a lot of individuals or associations totally not quite the same as the individuals who are liable for the administration of the cash and resources of these

Millennials Cant Buy Property Soon Enough - Free Essay Example

Abstract   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   When we started this project we designed a survey to answer our original research question which was to determine whether or not there was a relation between how many people live in a home versus the cost of the mortgage payment or rent. From this we were attempting to prove that higher costs of living required more than one income thus leading to more people living in the house. However we did not have enough question that could narrow down how many people were actually making money in the house as opposed to a dependent.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Upon running multiple data tests we did find there was a relation between age group and homeownership. The questions that helped us determine this relationship were; what is your age and do you own or rent. It has been a topic of many studies that people have a much harder time today buying a house then people did 30 years earlier so I decided to take that piece of data and further research what the major causes of the decline in home ownership is. Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Within the last 30 years home prices have increased drastically while income has increased at a much slower rate. This has been attributed to much of the fault as to why home ownership rates are down and while it is a factor, there are also many more factors that have attributed to lower rates. So what does actually contribute to the decline in home ownership? Are we just making excuses or is there more to it? I have found that there is much more to it and I will discuss how marriage, kids, ethnicity, education and student loans impact the home ownership rates today. Literature Review In the article; Heres why millions of millennials are not homeowners. (Nova 2018) the author goes over several reasons why millennials are having a hard time buying a home. The number one reason for the drop in home ownership rate is the fact that millennials are getting married later than previous generations. This factor alone has an 18% negative impact on home ownership rates. This leads to having children later which contributes another 6% negative impact on home ownership rates. One of the main reasons for this is education. Instead of getting married and having children early, people are opting to get their degrees and professional lives together first. Student loan debt of 100K or more can lower the home ownership rate by 15%. So if you are a Hispanic female going through school using student loans and your not married or have any children then you have less than a 10% chance of owning a home during that time frame. Although education does lower home ownership rates for these reasons you are well worth waiting because the rates of home ownership for someone with a college degree are 71.4% compared to someone with a high school education has a 60.4% chance of being a home owner. Another factor of lower home ownership rates that the article expresses is that Millennials are more ethnically diverse. Statistics from American Housing Survey state that in 2015 home ownership rates by race are as follows. White: 70.8%, Black: 42.2%, Asian, Pacific Islander: 56.6%, Hispanic: 45.4%, Other: 49.0%. What the statement implies is that a predominantly white community becomes a mixed community causing home ownership rates to go down. There are two more factors the article talks about, one is the high prices of both homes and rent costs. The article states that most Millennials are rent burdened so its nearly impossible to save to buy a home. The last factor was actually a positive factor which shows that people that grow up with parents that are home owners increases their chance of buying a home by 10%. Growing up in that environment sets a standard in your mind that home ownership is the ultimate symbol of success so it becomes a higher priority in your mind. Methods of Research Initially what we did is constructed an 18 question survey to try and verify if there is a relation between housing cost and housing density. Once we determined our questions we sent a link through social media to try and reach out to as many people as possible. We choose this method because we wanted to get answers from a wide range area. The area of response was concentrated within the Los Angeles, Riverside, and Anaheim area.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   After we gathered 40 surveys we converted the data to an excel sheet and eventually into IBMs SPSS system where we ran multiple T-test that were inconclusive and ran a chi square test. We were unfortunately not able to find a correlation between hosing costs and home density but we did however find a correlation between age and home ownership while running another chi square test.   Through that chi square test we found there was a 0.011 asymptotic significance between age and home ownership which means there is a significant relationship between the two data sets. It also showed that out of the 40 surveys only 8 were home owners in which 7 of those were in the 29-68 category while only 1 was in the 18-28 category. The other 32 respondents were either renting or living with family. From this piece of data we changed our research question to; Does age have an impact on home ownership rates? Discussion and Conclusion As I began the research, I found there are multiple reasons for the decline in home ownership rates. Some of those reasons include, Income vs housing costs, the reduction of non-white families, overall decrease in married couples with kids, and most importantly the mortgage crash of 2008. I also found factors that increase home ownership rates such as an aging population and an increase in education, however the factors that increase home ownership rates are outweighed by the factors that decrease home ownership rates so there is currently a net loss from 1985. The research done in the literature review shows multiple reason why there is a decline in home ownership but is it necessarily a bad thing? If you were optimistic you might say that this is not a problem at all, it is in fact encouraging to know that people are striving to become more educated. Studies show that people with a college degree have a 71.4% chance of being a home owner so even though home ownership rates of younger ages are effected initially, more people will eventually own homes in the future. The lack of home ownership is a sign of a weakening economy but as more educated people enter the market the better we will be able to solve the issue and close the gap in affordability. We have many different case studies and articles built around the struggle of home ownership today and education is the key to understanding, studies should be reevaluated and questioned as to whether the implication are positive or negative in the immediate context or the future or both? If I were to believe it was an issue I would research low income housing studies to find out what solutions are proposed because ultimately the reason younger people are not buying property is because they simply dont have the money for it.

Public Health And Health Care Essay - 2086 Words

Public health is health care that is provided to improve the health of all individuals within a community and population. Public health dieticians are health care professionals who acquire knowledge on the effects that food and nutrition have on our health and well-being. Once dieticians have understood the required knowledge they then tailor it, so they are able to share their understanding of this dietary concept to a community that meets every individuals needs, in order to make a population as a whole, a lot healthier. Public health dieticians work in a wide range of organisations throughout New Zealand, all in which they have many key roles and responsibilities. Within these communities public health dieticians work with other health and non-health professionals, with the health challenges that they encounter. Their role also contributes to the development of a more integrated health system. According to Health Careers,( 2011), in New Zealand public health dieticians work in a variety of different settings, which include hospitals where they organise meal plans for patients.They also work in schools to promote good health, and health centres. Public health dieticians work amongst a community and populations to encourage the members of the public to engage on a healthier lifestyle. There are many public health dieticians who become employed throughout New Zealand, but the majority of dietician jobs are found in Auckland, Christchurch, Wellington and Waikato, (HealthShow MoreRelatedPublic Health And Health Care Essay1664 Words   |  7 PagesPublic health preparedness ascribes to the ability of a health care provider to deal with the health consequences caused by emergencies. Over the past few years, public health threats have been on the rise, ranging from accidental and natural threats to intentional threats like acts of terror (Bernstein, 2013). For instance, since Sep tember 11, 2001 and the anthrax attacks efforts have been made by both the federal government and health care providers to increase the nation’s ability to prepare andRead MoreThe Health Care Of The Public Health Field770 Words   |  4 PagesI became drawn to the health care field during my teenage years, when I was diagnosed with rheumatoid arthritis, an autoimmune disease affecting various joints. As I went through years of treatment, my physician and other medical professionals were profoundly helpful and motivational in keeping a positive attitude. They were also inspirational as I saw the genuine goodness that they felt from helping people. As a result of all the help and emotional support that I received from these medical providersRead MoreHealth Care And Public Health Settings938 Words   |  4 PagesHealthcare-Associated Infections in the Acute Care and Public Health Settings Healthcare-associated infections (HAIs), also known as nosocomial infections, are any type of infection a patient develops while receiving treatment for another diagnosis. HAIs are considered the most frequent type of infections in healthcare. Healthcare-associated infections do not only appear in the healthcare setting, but can appear after discharge and while the patient is receiving treatment at home. Many of the HAIsRead MorePublic Health And Health Care Act1699 Words   |  7 PagesPublic health has had a big impact on government and policies. Public health played an important part in history. For centuries, it was realized that polluted water, improper disposal of waste can lead to dangerous health disaster such as the black plague. In order to avoid similar disaster, the government and private companies provide various services such as health care and health insurance in an attempt to protect the public and prologue human life. Patient Protection and Affordable Care ActRead MoreHealth Care Is A Public Health Issue1327 Words   |  6 PagesHealth care is a public health issue that continues to trouble different countries yearly. There is always a debate on whether health care is a human right issue or if it is just a luxury. Every year, it is always heard on the news about how a country is trying to improve their health care system, but there are always roadblocks that hinder the bill from passing. This paper will discuss about the best and worst parts of other countries’ health care systems, previous problems that the U.S health careRead MoreHealth Problem Of Public Health Care902 Words   |  4 PagesHealth problems in the developing countries like India take on enormous proportions because of lack health education and preventive medicine. Growing up in India surrounded by poor sanitation, lack of hygiene and clean drinking water and scarcity of primary health services, I began to realize the nec essity of public health care. Furthermore it saddens to think that in South Asia there is much superstition and age old practices that resist the spread of modern medicine. It perplexes me that even asRead MoreHealth Care Of Keny A Public Health Problem Essay1118 Words   |  5 PagesHealth care in Kenya Tropical diseases, especially malaria and tuberculosis, have long been a public health problem in Kenya. In recent years, infection with the human immunodeficiency virus (HIV), which causes acquired immune deficiency syndrome (AIDS), also has become a severe problem. Estimates of the incidence of infection differ widely. General information of Health in Kenya: Kenya spent 5.1% of its Gross Domestic Product (GDP) on healthcare in 2002. This was well below the high-income OECDRead MoreHealth Care Services For Public Health Sector1721 Words   |  7 PagesHealth care services in public health sectors are organised at three levels, which are primary health care ,secondary health care and tertiary health care (Park 2009). The primary level of health services are providing through village teams, Sub-centres (SCs) and Primary Health Centres (PHCs). The Community Health Centres (CHCs), Sub-district Hospitals district hospitals and dispensaries make up the secondary level, and the teaching hospitals provided health care in tertiary level (Park 2009)Read MorePublic Health Care in Australia1201 Words   |  5 PagesEqual care is the fundamental objective of all health care systems. However, there are still inequities when it comes to medical and non-medical services, especially for those who are socioeconomically disadvantaged. Access and equity are the processes to ensure equal opportunity of resources in medical and non-medical services, removing barriers to providing a fair and consistent service irrespective of an individual’s background, socio-economical status, age and abilities. Consumer participationRead MoreThe Public Health Care System2572 Words   |  11 Pagesâ€Å"the greatest wealth is health†. One’s health and ability to stay healthy, is what enables a person to live a promising life filled with enjoyable experiences, and cherished memories. However, illness is inevitable, and when it strikes, health care systems are ultimately where people turn for treatment. Health care systems, whether private or public, provide tremendous aid and assistance to patients in need. Nevertheless, there are problems with public and private health care systems that impact their

Mental Illness And Depression How Conditions Beyond A...

ABSTRACT Purpose: As has been quite well known to the field of psychiatry for some time, people who end up in trouble with the law often do so because of severe mental illness. Sometimes this mental illness can take the form of a personality disorder, which at present is considered incurable, or it can take the form of severe depression, for which there are currently many treatments. This paper aims to shed light as to how conditions beyond a persons control, such as mental illnesses like depression or personality disorders can cause these individuals to get into trouble with the law. Methods: Diagnosis and identification of mental conditions that could cause a person to commit crime are examined and contextualized. Genetic causes are examined. Results: Symptoms of mental illness can cause people to get into trouble with the law. It is important for law enforcement personnel to be trained, so that they can properly refer detained individuals for psychiatric treatment. It is also important for research to continue as to the causes of these condition. Conclusions: Mental illness and depression place a burden on society. The causes for and thus the proper treatment of these disorders are needed. Scientific study of the genetic causes behind depression is of utmost importance. This paper will argue that there are significant overlaps between personality disorders such as psychopathy and mental illnesses such as depression, and that this overlap often produces criminalShow MoreRelatedThe Downfall Of Positive Psychology1654 Words   |  7 PagesSupporting Recovery in Mental Illness† he discusses the definition, history, research, and psychotherapy that is involved with positive psychology. There are multiple definitions that psychologists have developed for positive psychology that stem from six core domains which are â€Å"(i) virtues and character strengths, (ii) happiness, (iii) growth, fulfilment of capacities, development of highest self, (iv) good life, (v) thriving and flourishing, and (vi) positive functioning under conditions of stress.† (SchrankRead MoreDrug Addiction And Its Effects On Society1402 Words   |  6 Pageschemistry of the brain and that person becomes disassociated from their character and their surroundings. The symptoms of addiction are very obvious on the physical self of a person. The shakiness, nausea, and outbursts of emotions when that drug is not delivered immediately are common. But inside, not only does it cause liver damage, weight fluctuations, and neurological issues, but it affects the mentality and outlook on life. 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Essentially, psychopathology encompasses three aspects that are considered as directly related to the mental disorders. These facets include the biological considerations, social issues, and psychological aspects of any mental condition. In fact, the initial perception of mental illness was associated with religious issuesRead MoreDepression : A Serious Medical Illness And Psychiatric Condition1463 Words   |  6 Pages Depression is a serious medical illness and psychiatric condition that involves the brain. Roughly twenty million Americans in the United States suffer from depression every year (11 Facts About Depression.) Depression is a persistent condition that interferes with everyday life and afflicts a person with an overwhelming emotional state of mind. In today’s day and age, depression is more aggressive than taking it’s toll on many Americans: men, women, teenagers, and even children. For many peopleRead MoreIntegration And Into The Public Health World1590 Words   |  7 PagesWhat is Integration? Where did it come from? Why is the world accepting integration / into the public health world? How many are there and are there any located in my town? Integrations definition is the focus on providing the right care in the right place. Integration came from a friendship between 50 organizations and 100 individual partners. This alliance seeks information, adjustments and the supp ort of efforts that advance health and lower the costs. This friendship is responsible for helpingRead MoreThe Great Depression : A Time Of Uncertainty1355 Words   |  6 Pages Anneliese Markus Period 2, Honors English March 8th, 2016 The Great Depression was a time of uncertainty for everyone: rich or poor, male or female, black or white, however nobody’s world was less stable than the mentally ill. 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People may spend extravagantly and build up considerable

Marketing Strategy and Programs.

Question: Discuss About the Marketing Strategy and Plan. Answer: Introduction In the modern world of business, companies often focus on developing an effecting marketing plan to ensure a profitable situation. Concerning Australia, despite being a small country, there has been an immense increment in developmental activities. In addition to concentrating on functional activities, building up new products, serving the people and increasing revenue generation, modernized firms tend to concentrate on creating a sustainable future for the nation as a whole. For this particular project, a well known organization named We Care has been taken into consideration. The company primarily aims to provide a shelter to the old and orphaned children of the nation. Being a start-up, the firm plans to build a house for the homeless and also ensure a brighter future of the young. Further, to relive the residents from the feeling of burden and dependency, the management collaborates with multinational enterprises to sponsor their events and also receive donations from all across the nation. Like any other business organization, We Care focuses on developing profits but also ensures well-fare of the people. Dealing in the event management line, supervisors also focus on providing jobs to the orphans in the company once they reach that age. Additionally, the aspect of communal welfare not only attracts the government but also private firms for arranging events on a daily basis. There has been a vast growth if immigrants in Australia, which has further lead to increase in the number of refugees, senior citizens and children in the country[3]. We Care also lends a hand towards these people, to ensure proper healthcare facilities, livelihood needs, home and more importantly a family of their own. Not only will the start-up organization be able to fill up medical but also unemployment gaps. In order to understand the development of the business, several important factors like internal study, external analysis, market research, segmentation, positioning and several other aspects have been included in the project. Further, valuable tools like SWOT, PEST and other similar types have also been used to ensure a proper development of the report. A focus on marketing mix strategies, initiatives and programs also help the managers to effectively undertake operations in the fluctuating market. Macro-environment Analysis In order to learn about the external factors that affect business development, We Care managers perform a PEST analysis. It is with help of the tool, that experts learn about eh various political, economical, social and technological characteristics f the external environment that exerts a direct pressure on the revenue generation and functionality on the firm. The several microenvironment features that affect the enterprise are the following: Political Factors The political considerations of Australia noticeably affect business of We Care. It is noted that instability in the legislation will greatly affect the firm. In order to maintain legality, managers opt to abide by the rules and regulations of the country. Managers involve in checking proper documents of refugees and senior citizens before allowing them to stay. Further, the minimum work age criteria and work permits of the residents are also checked by the firm. In addition to securing the governments view on the commercial business part, We Care also attain an authenticity license as well. Economic Factors: Being a well-developed nation, Australia provides the people with several stronghold economic elements that greatly affect We Care. In addict to a stability and organization of various events, the country provides a vast scope for growth. Elements like exchange rates, stability, expenditure pattern of the people, wealth distribution and several other inconsistent variables largely affects We Care. Moreover, external investments and fund supply of the government also plays a key role in deciding the future of the company. Social Factors The socio-cultural aspects of Australia shall highly affect growth of the firm in the nation. In addition to the peculiar perspectives of the people, the belief, views, though process and several other elements are likely to affect e care`s development. The ethnicity of the residents, disparity among domestic and children of refugees will ultimately become a topic of discrimination of the country. Business growth of We Care immensely depends on the personal aspects of the Australians[7]. In terms of commercial activities, the social and traditional features of the firm will also affect organization of events. Technological Factors Like any other company, We Care also depends on technological developments of the country. The vast range automation of services, innovation of new mechanisms, technicality advancements and several others greatly affect the business growth. Further, being a start up firm, managers greatly focus on external progressions to not only properly integrate them but also reduce their negative impacts on the firm. Activities like building of houses, initiative launch and organization of events largely depend on the technological features. A disturbance in the settled external environment structure greatly affects progression of the firm. Refer to Appendix (1) Micro-environmental Actors The internal factors in the industry will greatly affect business development of the start-up organization. In addition to analyzing the external elements, managers of We Care also tend to study the micro factors that directly or indirectly put a pressure on the performance levels[8]. Concerning competitors, the firm will be confronted with an immense degree of rivalry form various event management companies. Being a profitable sector, Australia has been a subject to more than 370 social enterprises. The newly launched business will face a strong rivalry from the well-established corporations. It is noted that with a launch and positioning of We Care in the nation, the firm will face direct competition form Event Planet, Alive Events, Verve Creative, Catalyst Solutions and many other similar types. High levels of rivalry will alsogreatly contribute towards degrading the vale chain process of the firm. Figure: Micro-environmental Actors (Source: As created by author) Further, like any other event management company, We Care also significantly depends on its suppliers. Any change in the primary section will consequently lead to an alteration in the business functionalities. There exists a high level of bargaining power of vendors in the industry. A low presence of suppliers options to choose form not only enables the existing dealers to be dominant in nature but also charge higher prices for the resources[9]. A rise in cost of goods and fluctuation in raw material collection will noticeably affect the delivery pattern of the firm thereby leading to a downfall in communication levels. Additionally, factors like power of the consumers and presence of substitute goods also have a impact on the company`s progression[10]. In addition to focussing on the developing up competencies, the management also takes a deep interest in enhancing communication and service delivery channels. As compared to the competing firms, We Care tends to maintain a active and positive relationship with the consumers to be able to provide them with their desired services. Apart from learning about the individual needs of the people, the company is likely to study their peculiar desires, arrangement wants and henceforth serve in a much better way than the rival enterprises. It is noted that We Care initially targets mid-level firms, fulfil their demands and ultimately grab multi-national contracts. Business Performance Analysis The We Care management board depends on several productive processes, dimensions, calculations, structures, systems and methods to understand and measure the achievements of the organization. In order to perform in a highly defined manner, managers tend to integrate goals and objectives in the business framework[11]. Further, it s often that the supervisors work in collaboration with experts to evaluate performances and organize a what-if action plan as well. In order to gain quantifiable knowledge concerning the company, the managers might use spreadsheets, SPSS and ad hoc tools. Moreover, experts may also undertake performance analysis in comparison to the accomplishment of competitor firms. Apart from the individual targets of the employees, a judgement of the financial, budgeting, forecasting, scheduling, score-carding, reporting and dashboard analysis is also an important concern for We Care. An implementation of strategic planning in the business also proves to be beneficial in terms of analyzing the performance levels. Moreover, the management of the firm also concentrates on emerging successful among the high level of competition. In addition to building up competitive advantage factors, developing skills (communication, delivery, finance and technical), and mitigating impact of macro elements, the managers increasingly focuses on measuring success and providing a direction to the organization. Figure: Business Performance Analysis (Source: As created by author) In order to analyze business performances, We Care highlights the following aspects: Judge Business Vitalities Core Activity Assessment: Product Development Pricing Strategies Marketing Activity After Sales Service Costing Reviews Business Efficiency Assessment: Flexibility Adaptation Premises (Houses, buildings) Commitments (Employment of residents in business) Facilities Information Technology Human Resources Employee Evaluation Financial Examination: Cash Flow Working Capital Price Base Revenue Generation Profit Margin Re-investments Growth SWOT Analysis The managers of We Care perform a SWOT analysis on the company to learn about the strengths, weaknesses, opportunities and threats. It is through a proper understanding of the various internal characteristics which allow the supervisors to build up new strategies, plans and develop capabilities. Strength: 1. Social Enterprise Recognition 2. Ensure Societal Welfare 3. Adaptability 4. Strong Communication Medium 5. Effective Distribution Channel 6. Productive Strategies 7. Proper Pricing of Goods 8. Skilled and Experienced Management Team Weakness: 1. Start-up Organization 2. Ineffective Policies 3. Non-fulfilment of Goals 4. Complex Business Framework 5. Poor Services Opportunities: 1. Lower Interest Rates 2. Governmental Preferences 3. Population Boom 4. Demand Growths 5. Economic Stabilization 6. International Expansion Scopes 7. Technological Innovations Threats: 1. High Competition Levels 2. Presence of Substitutes 3. Dominance of Existing Firms 4. Consumer Preference Fluctuation 5. Supply Disturbances Table: SWOT Analysis (Source: As created by author) Among the several strengths of We Care, being a social enterprise and focussing on benefiting the society proves to be the most efficient growth factors. Further, the presence of a highly skilled management team and taskforce also notably contributes towards developing abilities and adapting to the external changes[12]. It is noted that the business strategies of the firm not only supports pricing of the services but also lends a hand towards ensuring progress of the organization. Being confronted with a high degree of rivalry, the productive communication and distribution channel supports survival of the firm. Despite of possessing several strengths, factors like ineffective policies, un-achievement of goals and the complex business framework acts as a hurdle to the organization. Also, being recognized as a start-up organization, the customers tend to prefer professional and well-established firms for hosting their events. On the other hand, We Care receives a discounted rate of loan as compared to the other performing companies. Features like preference of the government, increase in demand, economic stabilization and technological innovations act as an opportunity to the firm[13]. Serving the old, refuges and their children being the major concern for We Care greatly adds value to its brand. While on the contrary, the high level of competition and presence of substitute goods greatly affects growth of the firm. Moreover, a dominating nature of the existing enterprises not only grab on to their customer base and determine their preferences, but also put a pressure on the start-up business. Segmentation and Target Market Analysis We Care managers breaks down the Australian market structure based upon various demographic, psychographic, geographical and behavioural aspects. Geographical Segmentation The location of refugees and senior citizen are taken into consideration in this particular section. Australia, being a comparatively small nation and well known among the immigrants, We Care is able to locate the children who have got separated from their family. Further, in terms of carrying out selling operations the managers tend to build up business in the most commercial regions. In addition to identifying the most beneficial private firms and also profit earning sectors, We Care opts to promote business in a never before manner. Demographical Segmentation Concerning the social section, the organization seeks to develop sub-sections depending upon the age, background, income generation, and expenditure pattern of the consumers. The managers primarily focuses on providing several facilities and a home to the immigrants and the deprived as well. As compared to small enterprises the medium and high level companies tend to hire an external organization for hosting their events. In terms of business, the managers develop segments mainly targeting the mid-level firms. Psychographic Segmentation Being a social enterprise, We Care mainly provides its services to the young and the old. Specifically, the people who are deprived of their basic needs are a major concern to the firm. In addition to the poor native people and refugees, Torres Islanders who cannot live on themselves are provided with urban life needs and a shelter. Moreover, the separated children are a priority to We Care. Behavioural Segmentation It is noted that the organisation involves in no behavioural discrimination while serving the deprived. On the contrary, the spending nature of the private enterprises on organizing events form the primarily concern for We Care in terms of business. Also, attitude of the medium and large scale companies are also taken into consideration while developing market segments. Target Market Analysis Like any other start-up organization, the initial targets of We Care are small and achievable in nature. Further, the management set reasonable objective in terms of serving the people and hosting events for private Australian companies. It is noted that fulfilment of the goals will not only ensure flourish of the business but also enable the newly launched firm to enlarge its targets. Over time, medium and high level enterprises will be objected for carrying out business activities. On the other hand, We Care will provide a home and various needy services to ten children and ten old aged people. Further, with an increase in capacity to serve twenty persons and achieve a profit of 20% in year one will enable the business to grow at a sustainable rate in the coming years. Marketing Objectives The objectives serve as the backbone of We Care. Not only does the aims help the taskforce to perform in an organized manner, but also lends a hand towards developing competitive advantage factors. Concerning financial areas, the managers focus on the following targets: Revenue Developments: 20% in the first year 25% in the next six months 35% in the following financial years Profit Margin Enlargements: Develop by 10% in year one Maintain a stable rate of 20% in the next years Enlarge Cash Flows Increased Return on Investments: Recover initial investment in two consecutive years Generate 25% ratio on further investment In terms of non-financial areas, the following serve as the most crucial aims of We Care: Develop Business Competencies Serve High Quality Services Integrate Differential and Individualism Strategies Ensure Stakeholder Satisfaction Enhance Public Relations Skill Development Sustainable Development It is noted that We Care tends to focus on building up S.M.A.R.T (Specific, Measurable, Actionable, Relevant, and Time-bound) objectives. In addition to analyzing the various internal and external factors that affect business growth, the supervisors opt to design objectives not only in an S.M.A.R.T manner but also in accordance to the situational analysis. Figure: SMART Objectives (Source: As created by author) Marketing Strategy and Programs In terms of developing a marketing strategy, We Care enhances on the implementation of the 4P`s theory in the business framework[21]. The aim aspects of the highly productive strategy are: Price Being a small start up business, the company sets a comparatively lower price of services as compared to the other firms in the industry. Further, with a goal to serve mid-level companies and provide a home to 20 people, the lowering price level will attract organizations to the firm. Moreover, the implementation of cost effective pricing strategy will also help in carrying out CSR and business operations in a proper way. Product Like other social enterprises, We Care also checks on responsibilities and commercial activities[22]. With an immense rise in the number of refugees and immigrants in Australia, the firm not only provides social goods and services but also hosts events for business companies. Additionally, the gap in efficiency levels to successfully conduct event management initiatives is filled up by We Care. The products may provide the enterprise with increasing revenues and a high level of popularity in a shot span of time. Place Managers in the organization tend to set up houses and business sectors in highly profitable places. The commercial business locates itself where there is a large presence of medium scale firms and builds up houses where there is an attendance of the underprivileged citizens. Further, apart from identifying people who need care, the supervisors in the initial stage are likely to choose in between refugees and natives due to poor capacities. Promotion The rise of social and digital media has been a crucial advertisement aspect for We Care. In addition to direct selling and promotions over media, electronic and print services might prove fruitful to the company. Moreover, a higher level and effective ads will also help in attracting professional assignments from large scale companies. In order to grab opportunities and increase developmental degrees, the firm tends to spread its primary aspect of helping the society. Market Positioning The poor positioning of We Care has actively acted as a hurdle to serve the CSR purposes in the nation. Being a start-up company, the firm is unable to guarantee a high quality service. However, in order to develop business performance levels the managers have opted to increasingly prioritize the aspect of quality. Moreover, with a pass of time, the management targets to ensure a higher quality of the service as the organization will fulfil its social responsibility targets. Figure: Positioning of We Care (Source: Created by author) Conclusion Analyzing the several aspects of the project it can be inferred that We Care performs as a social as well as commercial organization in Australia. It can be seen that the firm greatly serves as a noble enterprise and further provides several services, a home and more importantly a new family to the orphaned young and old citizens. Like any other company, despite of having several strengths and opportunities, We Care is confronted with numerous weaknesses and threats. Further, being confronted with a high level of competition and other issues, the start-up business greatly depends on its marketing plan and strategies. Moreover in the event management line, the firm is unable to have a kick start due to dominancy of the existing organizations. Reviewing the hurdles facing development of the business, there are certain suggestions that can be made for We Care. Firstly, the idea of implementing a cost effective policy and suing the price of service will greatly help the company to achieve targets. With a focus on mid-level enterprises, the managers should provide them with a cost benefit, which ultimately will contribute towards attracting private firms towards We Care. Secondly, a monitoring of the product and service quality is highly suggested for the firm. Concerning Australia, the people tend to ensure a value for their money. The management should be able to balance the both their social and business activity in an equivalent manner. We Care not only needs to serve the client organizations with a proper and desired event host, but also needs to ensure hygiene and healthcare to the immigrants taken into home Reflexive Activity We Care being a small start-up greatly depends on their services and the expertise level of managers in terms of carrying out business activities. It is noted that an appropriate practice of strategies and capability to maximize internal competencies will greatly help in mitigating external threats. Moreover, despite of an increased competition, presence of substitutes and several other negativities, the opportunities provide growth scopes to the firm. However, in order to undertake large scale operations, the management would require an extra cost. On the contrary, a rise in service prices will lead to a downfall of the business. Hence, the managers focus to start from a small scale and then progress towards serving large private firms. Additionally, We Care also focuses on its self-developed SMART objectives. It is important that the company object both financial and non-financial goals as well. In order rot survive in the rapidly developing country and also emerge as one of the leaders, the firm enhances on the achievement of targets. 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