We have the chance of investing $150,000 today, and have immediate access to a new shopping center in Long Island that promises to be a good deal. You can rent that shopping center for $10,000 this year. Next year (and forever after that) it can either go up to $15,000, or if your competitor buys the mall next door the rent will go down to $5,000. The cost of managing the property is negligible once we make the investment. The CFO says the probability that the rent will go up is 50%. He also tells us that the interest rate is 5%
a) Would you invest today or next period? Justify your answer numerically. (Hint: No clear
calculations, no credit. 5 points)
b) How much are you willing to pay for the flexibility of being able to choose between
investing today or tomorrow, instead of having a now or never choice? (5 points)
c) Can you find how high the initial investment has to be for the project that allows for a
delay such that you would be indifferent between investing today and waiting until next
period? (Hint: Remember that you have to use the NPV of the original project to answer
this question. 5 points)
Administration STYLES:
Keep in mind the Titans have distinctive authority styles. Both the pioneers in the motion picture attempt to persuade the players in their own specific manners. A decent pioneer propels others to create characteristics and train them to improve. This motion picture indicates how Coaches and cooperative individuals demonstrated their authority characteristics, qualities as a pioneer. The commitment of every player accomplished in their triumph. The players overlook their bigotry contrasts and played as a group. During the football coordinate on the field, no blacks and whites were separated and they played all as one.
My First chief is Herman Boone. He had a dictative administration style. Boone accepted that through collaboration of the whole group will prompt a success. He additionally accepted that every player needs to see each other culture. He had an unmistakable vision as how to prevail with the group and how to have a solid group to buckle down with full assurance and boldness. He likewise had value-based lead where he rebuffs the players on the off chance that they were accomplishing something incorrectly straightforwardly or in a roundabout way which helped him to control the group through his forces. He knew very well that players had cherished for the football match-up and he had confidence in his players that is they will going to win if each player corporate. He had a decent administration quality as he drew closer Yoast to be his help mentor.
He needed to have a solid group and win. His group to be effective he needed to guarantee that all the colleagues cooperate and regard one another. It was significant for the group to buckle down and be submitted at all the occasions. Through his capacity he had the option to have a value-based lead and at whatever point the players weren’t right he rebuffs them and he had the command over them to improve and acquire a standard the group. He knew very well that the players had adored for the football match-up and he can cause the group to cooperate to and utilized their affection as an inspiration to ensure they participate and they don’t battle with one another to the extent bigot is concerned.
My Second head in Remember the Titans is Coach Bill Yoast. Mentor Yoast utilized popularity based administration styles. Mentor Yoast, meet understudies actually. He talk about the issues and by and by attempt to take care of the issue as opposed to before other colleagues.
In Remember the Titans Coach Yoast show his characteristics so that he took care of each troublesome circumstance effortlessly. He used to keep his players cool so he can have power over them and he can help them separately if need emerges. He was a quiet Coach. He was not excessively exacting and straight forward as Coach Boone as a pioneer.
Viability as a pioneer
Colleagues regarded him a great deal since he had the option to unite all players with various race through matching highly contrasting players together. He had sure and boldness through which he had the option to make his group win. Mentor Boone was a viable pioneer he was much the same as a pioneer who is brought into the world with so increasingly amazing in his words.
He was a successful pioneer with certain and fearlessness through which his group won. He was freely and obstinately as frequently find in the motion picture which wins the triumph. He was especially worried about the players and how they feel. He had fortify, certainty, eagerness and solidarity of player.
Sort of intensity
Mentor Boone held master control which is “control that outcomes from pioneer’s unique learning or expertise in regards to errands performed by followers”(Daft,2008). He was a genuine master of football with predominant learning of training the group. He had full power over his group. He additionally held referent power since he had capacity to pass on a feeling of individual acknowledgment. Mentor Boone very impacts his colleague through his quality.
How he utilized his capacity
He utilized his capacity positively yet some of the time he was so difficult on players during preparing period. Be that as it may, through his intense preparing and severe on players he had the option to make his group win. He utilized his capacity as Head mentor to accomplish his objectives and to advance interracial association in anticipation of improving the group. Since he was dark with power some white players would not like to acknowledge his position however through his capacity he powers the players to endure with one another until racial clash is tackled. Before the finish of preparing camp players began regarding his initiative more and don’t see his capacity as unlawful and destructive. He accomplished his goals through solid feeling of ability capability duty and commitment of group.
Sort of Power
Mentor Yoast additionally held master control he was a genuine master and genuine man of football. He was mentor for a long time yet because of his name assigned for lobby of popularity he become colleague mentor. He additionally had referent power that is pioneers character qualities that direction devotee’s distinguishing proof and regard to imitate the pioneers. Players were appreciate his capacity and fortify.
How he utilized his capacity
He utilized his capacity in great manner towards his group and player. During one of the game when he saw that ref was one-sided towards the group he chat with arbitrator and was very irate on it. Because of this activity he lost his lobby of popularity chosen one and he couldn’t have cared less of it in light of the fact that as per him he believes that group and win of the game is increasingly significant. In the start of the motion picture he said that he is taking break for one year from football and every one of his players said there are likewise leaving the game and there will be blacklist. Subsequent to pondering the understudy he venture back to take aide mentor position.
Circumstance FROM THE MOVIE:
A circumstance in a film was during the game a player was harmed with a messed up wrist and was supplanted by Ronnie. This short discussion between Coach Boone and Ronnie in which Boones says to Ronnie that he is the colonel and he needs to direction his troops. Mentor Boone exchange discourse was strong anyway he has faith in the group on account of dimension of capability, certainty and responsibility in them. One player from the group stands ups and gives a casual discussion to the whole group, requesting and anticipating more than Coach Boone. This scene discloses to us straight that the group needn’t bother with substantially more help or pioneer. Mentor Boone understands this and offers obligation to the players. Another circumstance where Coach Yoast attempts to place Ronnie in the game however Ronnie decreases that he can’t play that position and he proposed Petey to play rather than him as Ronnie might suspect Petey is a superior player than him. Mentor Yoast permits Ronnie to settle on the decision to play or not to play.
Authority THEORIES:
This film Remember the Titan’s has his own hypothesis which is known as the incredible man hypothesis. The Great man hypothesis: it appears at camp, Coach Boone practices his players again and again. These get up and go talks persuaded the players improve and to gain from their errors. Mentor Boone was order and his supportive conduct was a key to progress. One occurrence was when promptly toward the beginning of the day Coach Boone advises the two groups to keep running on the fields of Gettysburg. That demonstrates that he has the incredible man hypothesis as he likewise went for the keep running with everybody in the group .Coach Boone had this hypothesis to achievement in his recreations.
Another initiative hypothesis demonstrated was the Trait hypothesis. Mentor Yoast has faith in attribute authority of styles. As from his perspective to be exacting and increasingly taught to the players the group can’t win. Toward the starting he was bigot and he didn’t care for dark individuals and he didn’t acknowledge the idea at first from the Coach Boone and later he acknowledged the offer since his players didn’t had any desire to answer to Coach Boone legitimately. So he turned into the Assistant mentor.
Individual culture and its impact.
Keep in mind the titans is an account of two schools one white and one dark are compelled to incorporate in Virginia”(wikimedia,2014). Mentor Boone is a dark and he gets head position and Coach Yoast who is white turns into his colleague. Mentor Boone was a dark and he experience childhood in dark network where individuals state them as a low class while Coach Yoast was a white and he experienced childhood in various network. The group set aside their racial contrasts and play as one group. This motion picture was a genuine story dependent on the real world. At the point when Coach Boone takes over from Coach Yoast things were getting tenses accordingly he went by and by to him to talk about the circumstance of new training status however because of his egotistical and domineering it cause fracture between the instructing staff and set aside effort to pick up regard for each other. Likewise the group commanders Gerry Bertier and Julius Campbell who were not getting together because of race chose to defeat disgrace among them and set case for the group. Through training both race meet up and furthermore praise the triumph and understand that races ought not be any issues. This gives a genuine case of how one can conquer the racial issue. “It additionally indicates how individuals can conquer racial issue when there is solid authority, assurance, acknowledgment and will to succeed” (Wikimedia, 2014).
Kind OF Organization AND THEIR LEVEL OF SENIORITY:
This initiative circumstance in the motion picture is a piece of T.C.Williams High School Northern Virginia City of Alexandria in 1971. This motion picture is about highly contrasting that timeframe in 1971. The dimension of status he had his very own pride in himself. He constantly needed the group to succeed and perform above measures as he had exclusive requirements from the players. He likewise educated by stopping, it won’t tackle any issues for anybody. Mentor Boone likewise pass a message to us that if life doesn’t treat us reasonably, you should attempt your dimension best until you achieve your very own objectives and don’t lose trust effectively. This vision, thoughts and expectations made the Titans win to a triumph.
INDIVIDUAL CULTURE AND ITS EFFECTS
I would simply say, this film demonstrates to us the initiative hypothesis to an exceptionally clear perspective and in an expansive manner. Mentor Boone was not conceived as a pioneer but rather he turned into a decent pioneer and he was even fruitful in his presentations to be a lead