Finance Paper

Submitted By yancydoll
Words: 590
Pages: 3
Open Document
Financial Concepts Yancy Brown
FIN/571

The Furniture business is highly competitive and depends on steady financial growth to survive. Guillermo furniture store had carved out a niche of offering quality furniture at an affordable price to his hometown community, until technology advancements changed the way he conducted business. Guillermo must create a plan for longevity, if he is going to be able to continue with his furniture business in the midst of change. Financial Trends
Guillermo long term success was due to a couple of factors, such as low cost of operations, the ability to purchase supplies at a reasonable rate and low competition. Guillermo has created a successful business run on principles of looking out for the consumer. As with most companies the consumer is not the first person that they look out for, it’s an a6ll for me mentality in today’s business world.
A good principle of finance is to understand human behavior in order to make good business decisions (Emery, Finnerty & Stowe, 2007). Money is not everything and in the long run cannot make you happy the quality of a successful business is contingent on consumer loyalty and quality products.
Sunk Cost/Opportunity Costs
The ability to maintain his furniture business in a time of change is dependent on available opportunity cost that Guillermo is willing to take. He has spent time with members of the foreign competitor gaining knowledge on their business processes and their high tech utilization. Guillermo must decide what opportunity would best benefit him and his company, would the action of a merger work or would investments in new technology be the best alternative.
The sunk cost would be the merchandise that he has already manufactured should he decide to merge with a larger company and they decide that they cannot use current inventory. The money and investments have already been made therefore Guillermo would lose out on this investment.
Guillermo is seeking opportunities to remain in business and to insure that his furniture store can remain a relevant competitor in his community. The opportunity of Guillermo combining his products and services with another competitor who has more to offer technology wise will be extremely beneficial to his business. Competitors are seeking to
Show More

Related Documents: Finance Paper

Finance Major Paper

foundation of my success as a financial advisor will be my education. I am currently attending Plymouth State University, which has one of the finest finance programs in the Northeast. There are certain classes that I must take in order to graduate no matter what major I choose to declare. These classes do not always pertain very well to the finance field, however the skills that I learn in them will be very useful to me during my career path. For instance, I am obligated to put a lot of time and…

Words 2747 - Pages 11

Corporate Finance Paper

Avrohom Zucker Professor Goldberg December 28, 2014 Corporate Finance EBF 220 BQ VSE Corp. VSE Corp. is an American company that provides “services to create, sustain, and improve client systems, equipment, and processes”i. Its services include Supply Chain Management, Maintenance, Repair and Overhaul, Engineering Services, Training, IT Solutions, and Energy & Management Consulting. They provide these services to large companies, and governmental departments of many countries. Its biggest clients…

Words 1097 - Pages 5

International Finance Research Paper

Carl‐Erik Torgersen LL.M. Program April, 2012 International Finance: Seminar Professor Hal Scott EUROBONDS LL.M. short paper Table of Contents I. Introduction ........................................................................................................................ 3 II. Background ......................................................................................................................... 4 A. History of Eurobonds .…

Words 5713 - Pages 23

Personal Finance Research Paper

[ HOUSEHOLD FINANCE/DEBT] [ ENKHJIN NYAMDORJ ] [ CALIFORNIA UNIVERSITY OF MANAGEMENT AND SCIENCES ] What is Personal Financing? Personal finance as described by Google define is “The application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save, and spend monetary resources over time, taking into account various financial risks and future life events.” Things such as savings…

Words 3271 - Pages 14

Business Finance Sample Paper

FNCE20001 Business Finance Semester 2, 2012 FNCE20001 Business Finance Semester 2, 2012 Sample Final Exam 1 Note: This is an edited and revised version of a previous final exam. The reading time for this sample exam is 15 minutes and the writing time is 120 minutes. On this semester’s final exam you will be required to write your answers in the exam booklet and you will be provided with adequate space to do so. Note also that the format of this semester’s final exam will differ from…

Words 2164 - Pages 9

Arcadia University Finance Paper

Special Topics Paper #2: Arcadia University Arcadia University (formerly known as Beaver College) was established in 1853 under the auspices of Beaver Female Seminary. According to their history, Beaver College transitioned into a coeducational institution in 1972 and obtained university status with a name change in 2001 (Arcadia, 2014a). Presently, Arcadia University enrolls over 4,000 undergraduate and graduate students in over 90 degree and certificate programs. Additionally, Arcadia’s College…

Words 1085 - Pages 5

FIN 419 Week 5 Learning Team Assignment International Finance Paper

Team Assignment International Finance Paper Locate an organization that has an international presence. · Write a 1,400- to 1,750-word paper on your organization in which you address the following: · How the global investment banking process has assisted the organization · How regulatory bodies affect financial decision-making · Identify and evaluate contemporary issues in international financial management · Format your paper according to APA standards…

Words 406 - Pages 2

ipo valuation paper

the theories covered in the literature review; I do not think that there were any theories covered in this paper. The paper does look at some of the similar studies done in other countries and often refers to these studies and uses some of their findings in order to have something to compare to the findings that the authors made. 2) The theory(s) this paper examines Most of what the paper examines is how do the companies make the decision to go public and what are the financial implications of…

Words 571 - Pages 3

FIN 419 Week 2 DQ 3 of 4 Essay

differ from the market value? Explain. Business - Finance FIN 419 Week 1 Individual Assignment Limited Liability Corporation and Partnership Paper FIN 419 Week 2 Individual Assignment Assignments from the Readings FIN 419 Week 2 Learning Team Assignment Financial Outcomes Paper Goodyear FIN 419 Week 3 Individual Assignment Assignments from the Readings FIN 419 Week 3 Learning Team Assignment Capital Valuation Paper Goodyear FIN 419 Week 4 Individual Assignment…

Words 448 - Pages 2

Essay on Financial Reporting and Ethics

and Ethics Paper Financial Reporting and Ethics Paper Great financial practices and ethical standards in finance are one of the most vital parts of a health care industry, if not the most vital. Having great finance in the health care industry can make the difference between having a successful and prosperous health care practice, or one that is getting by each day to keep it’s doors open for business. Employing top quality employees with outstanding ethical values in the finance department can…

Words 814 - Pages 4