Economic paper Essay Example | Topics and Well Written Essays - 500 words - 1

Economic paper - Essay Example Shelly has already indicated that she would not consider any buyer who intends to relocate the L.A. Clippers franchise. In addition, she is keen to get a sale price that would leave the Sterlings with â€Å"enough† money after the hefty tax obligations (Shelbourne). This presents an issue with the evaluation of such a sports franchise. Sports franchises are often valued at significant amounts. For instance, the L.A. Clippers was valued at $575 million in January 2014 (Forbes). The values of basketball, football and hockey teams may seem astonishing as well as ambiguous because it might not be clear how the values of the teams are arrived at. This is because many people do cannot ascertain how a team’s performance, qualities, assets, accomplishments, ticket prices, venue, concession sales and broadcasting revenue contribute to the overall value. There are various approaches that are use in valuation: income approach; market comparison, and asset-based approach. According to Baum, Baum and Nunnington (67), the value of a team would be computed on the present value of the future net cash flows that it will be in existence. This method utilizes a value estimate based on on expected cash flow obtained through the discounted cash flows method. An anlyst makes assumptions on how the various value drivers contribute to expected earnings and work backwards to compute the present value. This is a common method in valuing sports franchises and it utilizes factors such as team performance, ticket sales and stadium attributes. The market comparison approach uses the competition principles in a free market and depends on the hypothesis that the price of one investment applies comparable investments with little mofifications (Munizzo and Musial 126). Analyst looks at the actual data on generated revenues, one can make comparisons between a franchise that is being valued and other franchises that have recently been traded. Some of the important

Describing three examples of activities in health care organizations Assignment

Describing three examples of activities in health care organizations - Assignment Example The immunization activities entail giving children BCG, DPT, polio, and measles immunization (Stahl, 2004). There is also epidemic preparedness and response to epidemics which is crucial to the health care organization employees because they have to start isolation of the people with the epidemic. When there is an epidemic outbreak for example the Ebola outbreak, people-centered management should be applied to give employees chances to suggest on the way forward on whether to isolate the infected people or whether to let them live with the other people. When giving an employee a chance to give a solution, it opens up their minds and makes them think. Supervisors and managers should award employees that show bravery during a difficult time of responding to an outbreak, for example an employee who saves a patient’s life. The reward will be a motivation to the individual and to the other employees who will work hard and be fully dedicated to their work. Fully participation of the employees can also earn their organization world awards. Communication between the supervisors and the employees is important for the growth of a health care organization. Where there is communication, people understand each other’s needs. When an employee’s opinion is taken into consideration, such an employee is motivated to keep on being committed to their work because they feel appreciated and respected. Moreover, meetings help employees to pass their complains and the supervisors and managers’ compliment and critic on the employees work (Carroll, 2001). The managers and supervisors encourage the employees on teamwork. In epidemic preparedness, the employees in different departments should be able to know where their teammates are, to make the daily routine surveillance for the epidemic easier. Furthermore, this aids the teammates to avoid losing a colleague to the outbreak without the knowledge of