Sample Solution
Berk and DeMarzo (2020) outline three potential pitfalls of the Internal Rate of Return (IRR) calculation when it is used to compare projects. The first problem they describe is ‘Mutually Exclusive Projects’, which occurs when two or more projects are competing for limited resources such as capital or labor. This can lead managers to make incorrect decisions if they rely solely on the IRR comparison rather than also considering NPV calculations (Hansen et al., 2018). For example, a manager might compare two mutually exclusive projects with equal IRRs but different NPVs and incorrectly decide to accept both since their returns appear comparable.
The second issue addressed by Berk and DeMarzo (2020) is ‘Scale Effects’, which occurs when a project with a large initial investment has an artificially higher rate of return due to its size relative to other projects being compared. If managers fail to adjust for this effect then they may mistakenly choose smaller investments with much lower rates of return over larger ones that have better overall value.
Finally, the third potential pitfall highlighted by the authors is ‘Incomplete Investment Considerations’. This arises when managers overlook additional costs associated with taking on a particular project such as ongoing maintenance expenses or taxes that would not be factored into its calculated rate of return (Jain et al., 2019). Without accounting for these extra costs, managers could misjudge how profitable certain investments actually are.
Overall then, Berk & DeMarzo identify three potential pitfalls that can lead managers astray when using the Internal Rate of Return (IRR) calculation: Mutually Exclusive Projects, Scale Effects and Incomplete Investment Considerations. Therefore it is important for businesses to consider all factors before deciding on which course of action will yield them the greatest rewards.
Reason and Significance The motivation behind the present unmistakable correlational review is distinguishing indicator factors that will help determination panels of nursing projects to decide models of confirmations which most precisely measure the potential for effective finish inside the endorsed curricular time period. Screening and specific confirmations processes for nursing programs are important to choose the top, probably going to succeed understudies to utilize the restricted employees and affirmation spaces. Graduates should be mindful, skilled, and equipped for giving quality medical services; and, they should be instructively ready to pass public ability certificate and licensure tests. Cautious consideration should be paid to the choice of the measures that will be utilized in screening candidates. Albeit many methodologies and mixes of rules have been utilized before, it is more vital than any other time to screen candidates with instruments that best foresee the graduation of understudies, as well as their prosperity on confirmation and licensure tests. Accordingly, this exploration will be valuable for helping nursing program choice councils in deciding affirmation rules that most precisely gauges the potential for effective finish.
Research Questions ‘ Is there a feasible and quantifiable arrangement of indicator factors that can foresee the outcome of understudies in nursing programs? ‘ Is there a quantifiable connection between’s confirmation rules of a nursing projects and graduation rates? ‘ Is there one confirmation rules that actions program achievement more successfully than some other? ‘ According to the understudy is the nursing program generally speaking GPA, A&P, HESI leave test, or mental capacity the most reliable autonomous indicator of NCLEX achievement?
Restrictions and Delimitations Limitations The review will endeavor to eliminate however much predisposition as could reasonably be expected and to limit inclination that objectivity is kept up with. A restriction will be the accessibility of the objective exploration bunch, medical caretakers who have been working in various nursing homes and clinics of Missouri. The objective gathering will be attendants who have effectively finished their nursing programs and have been capable adapt up to hardships which happened during this program. As the members of the examination will be chosen from the accessible populace consequently, research instances of definitions will be given to the attendants to their accommodation. It is expected that all overview members will honestly validate that they are a piece of the objective section as characterized and fall inside the reach wanted as far as their effective fulfillment of nursing program for the examination study. Notwithstanding, some email locations might be problematic, and a few beneficiaries of the email greeting will be reluctant to partake. The proposed study is restricted by the accessible monetary assets to lead the exploration; in this manner, the outcomes will be summed up just to those answering the examination overview.
Delimitation Nurses to be studied are available because of the scientist’s broad organization of contacts in Missouri. The members have email accounts, which will give admittance to support in the poll. One more delimiting factor is the accessibility of the designated research gathering to partake in a web-based study. Research in the scholarly world is being moved from paper and pencil to online overviews. Welcoming populace portions to visit a site for the motivations behind finishing a poll is considerably more open and helpful for members, in this way giving the scientist more prominent admittance to members and a more significant level of support achievement. Considering that the populace to be reviewed for this examination has been the focal point of many investigations, the information gathered will give new bits of knowledge to decide the indicators of understudy outcome in nursing programs.
eview of Literature Nursing Curricula in the United States Research on nursing educational plans in the United states had confirmed that the country’s nursing deficiency was serious that momentum enlisted medical caretakers couldn’t be viewed as a solid labor force asset later on, and that nursing curricular substance should have been addressed to meet medical care necessities by Year 2020. Accessible information proposed that simply 25% to half of the attendants who moved on from nursing schools would go on in their vocations following five years in the calling. Notwithstanding the anticipated lack of around 800,000 medical caretakers, or 29%, by 2020, a Health Affairs report in 2007 anticipated the deficiency of attendants to be 340,000 by 2020. The modified report actually showed that
