For Acc. To Polytech,Ny Essays - Computer, , Term Papers

For Acc. To Polytech,Ny POLYTECHNIC UNIVERSITY ESSAY Topic: DESCRIBE HOW YOUR UNDERGRADUATE STUDIES MIGHT ENABLE YOU TO CONTRIBUTE TO IMPROVING OUR QUALITY OF LIFE IN THE 21ST CENTURY. Its so surprising to note that so many centuries have come and gone but none have created so much hype as the 21st century. There is no doubt that the 21st century is going to be an age of information super highway . I wish to major in computer engineering-a field where innovations are the order of the day. Its been a long and troublesome journey from the Stone Age to todays PC revolution. Its known that there is dearth of computer professionals in the third world, its imperative that they catch up with the computer phenomenon in the 21st century. I would like traveling around these needy countries, educating people by building some sort of computer network to get things moving. This will empower the people with a tool to see for them how the world is shaping up? This would create a much better human race with every person getting an equal opportunity to hone his or her respective skills. Thats what living on this beautiful earth is all about, after all all men are created equal is not a purely textual term it needs to be practised too and what better way to start my career than helping the underprivileged. In the 21st century we must eliminate nuclear weapons through treaties such as COMPREHENSIVE TEST BAN TREATY (CTBT), which call on member states to disarm. I am very eager to promote peace in the world, through my studies at Polytechnic in computer engineering I could go on and volunteer as a scientist who could help in dismantling nuclear weapons by computer controlled techniques. This would be the greatest contribution I could make in the 21st century. What else could a person ask but a society where after such a turbulent 20th century one could live in a place where no nation threatens to wipe out the thousands of years old human civilization with just a tiny nucleus. Acceptance Essays

Capital Budgeting essayEssay Writing Service

Capital Budgeting essayEssay Writing Service Capital Budgeting essay Capital Budgeting essayCapital budgeting comprises an integral part of the effective business development because companies have to focus on the most prospective and profitable projects with the balanced risk-returns ratio. Capital budgeting is the process, which determines whether the particular project is worth pursuing. Investing too much into capital budgeting leads to the narrow development of the company with the focus on a few secure and profitable projects, while others projects may remain under-estimated and the company can fail to invest into a risky but potentially successful project. Investing too little into capital budgeting can raise the problem of the low effectiveness of company’s investments, if the company fail to determine priority projects which are the most prospective and beneficial for its further business development.Sunk costs are costs that cannot be changed and are irrelevant to the decision making process because they are the past costs that have b een already spent but currently the equipment, machinery or other items purchased are virtually useless. Opportunity costs are costs involving the alternative chosen that has brought profits to the company. In contrast to sunk costs, which brought financial losses to the company, opportunity costs bring profits. However, both opportunity and sunk costs have ceased their impact and cannot be used anymore.Capital budgeting is associated with three types of risks, including stand-alone risk, corporate risk, and market risk. Stand-alone risk is the risk associated with a particular project and means that the company faces a high risk of the failure of completing the particular project successfully. The corporate risk implies that the entire company is at risk and its business operations are under a threat. Therefore, the company may face a risk of losing its marketing position or even run bankrupt. As for the market risk, this is the risk associated with the possible downturn or crisis within the market, as was the case of the housing market in the US in 2007-2008. Each type of risk is necessary to assess and control because the failure to identify either risk may lead to the failure of the project.The qualitative risk focuses on the assessment of actual risks associated with a particular project or company. However, the qualitative risk is subjective because it relies on the assessment of qualitative attributes and does not involve quantitative ones. Nevertheless, this risk is essential to assess to understand prospects and risks associated with a particular project to the full extent. The qualitative risk focuses on the assessment of the particular project and related risks from the qualitative standpoint that means that the assessment involves the analysis of the qualitative information related to the project and associated risks. As a result, the company conducting the assessment of the qualitative risk can determine whether the project is worth implementing o r not. For example, the introduction of a new product is accompanied by the qualitative risk assessment. The company monitors the customer behavior and conducts interviews of a group of customers to assess the qualitative risk. On the ground of their responses, the company makes conclusion concerning the risk. Obviously, such risk assessment is subjective because it is grounded on subjective responses of customers. Nevertheless, such risk assessment helps to understand better real world prospects of a particular project.