Thursday, February 20, 2020

Finance part of a Executive Memorandum Case Study

Finance part of a Executive Memorandum - Case Study Example With the increased market niche, more fans will attend the matches and more revenues will be realized. Consider the following projected financial position of the organization in 2015 and 2016. This projection is aimed at increasing the present revenues and profits through advertising and increasing the market niche by capitalizing on the anticipated popularity increase in tennis. Unlike 2014, which recorded losses, the above financial forecast for 2015-2018 can be achieved if the losses incurred are minimized such that the sponsorship given by the WTT is invested in other activities. This will make the organization financially sound even for the interested investors to bring their money in the organization. Similarly, the aspect of increasing the price of tickets should be avoided instead various management strategies such as marketing and satisfying the needs of the already identified market segment should be implemented. Various incentives such as drinks should be made affordable during the matches. This will increase the number of the fans thus enabling attainment of the set goals and projections. The aspect of market segmentation and advertising is fundamental in these financial plans since it serves as the driving force to the realization of increased market niche and consequent increased revenues. Since the organization is â€Å"pass- through entityâ € , the net income realized in the period 2014-108 as indicated in the financial plan will be passed to the owners who will be taxed at individual basis. The profits ratios from 2015 through 2018 indicate theta the organization is viable for investors. The margin range of 0.55 and above is a good indication of the organization’s positive progress. If the owners sustain this trend, then the profit margin is expected to increase in coming years and this will assure the owners big profits. In this case, the organization does not experience a

Tuesday, February 4, 2020

Marriage and Psychological Well Being Essay Example | Topics and Well Written Essays - 1250 words

Marriage and Psychological Well Being - Essay Example A substantial survey carried out by Stack and Eshelman measuring marital status and happiness across 17 nations using a sample of 18,000 adults concluded that married couples were more likely to report being happy than those who cohabited.(Less,2007;Stack and Eshelman, "Marital Status and Happiness: A17-Nation Study.") There are many resons offered for the claim of being more happiness between married couples compared to other couples. One of them claims that married people are generally healthier than unmarried people and those who are healthier are likely to be happier.(Wu et al,2003) Other explanations include greater commitment levels within marriage, which in turn have an effect on people's perception that the relationship will last. Another consequence of the perception of greater commitment is that there tends to be lower levels of stress and higher levels of security among married couples, and, therefore,better psychological well-being.(Less,2007;Marcussen) A further explanation is that the greater financial stabil... A further explanation is that the greater financial stability within marriage, associated with the higher income of married men, leads to lower levels of stress, and higher levels of well-being and relationship quality.(Lees,2007; S. Korenman and D. Neumark,1991) Increased sexual satisfaction has also been offered as an explanation because studies show that married couples rate their sex lives more satisfying, on average, than do those involved in cohabiting relationships.(Less,2007;Ower and Oswald,2006) Role of marriage in youths mental health Marriage is a natural, ocular and inevitable need for human beings and as the above researches shows, it is the most safe and healthy method for males and females to live together. Refusal of this need causes a lot of physical and mental problems and perhaps, one of the reasons of huge part of stress and neural pressures in human life nowadays is the latency in time of the marriage. Boys and girls, on the ascent and descent of their life, are in need for a safe environment and a sentimental base and the best person that can secure this base is a consort/helpmate. They can have safety, security and mental health together. Around 1400 years ago, muslims prophet (prophet Muhammad ) also said : " Help unmarried people marry because God makes their comportment better in that case" and today, after alot of research by psychologists and sociologists, the same result has came through. They say that marriage is in a positive relation to mental health. Researches shows that married people are in much better mental health situation than other people. Less neurotic signs has been seen among