1 / 26

STEVEN SILBIGER

Learn about finance, investments, and operations management in just 10 days with this comprehensive MBA guide. Explore topics such as risk and return, valuation methods, business financing decisions, mergers and acquisitions, and more.

theodorej
Download Presentation

STEVEN SILBIGER

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. STEVEN SILBIGER FINANCE THE 10-DAY MBA…... THE 10-DAY MBA …...THE 10-DAY MBA……. THE 10-DAY MBA…….

  2. NATURE OF THE FIRM • Proprietorships • Partnerships • Corporations

  3. INVESTMENTS • Risk and Return * Type of Risk - Systematic - Unique or Unsystematic * BETA : Risk within a Portfolio of Investments

  4. INVESTMENTS • The Efficient Frontier • The Capital Asset Pricing Model for Stocks • The Efficient Market Hypothesis

  5. TYPES & VALUATION METHODS • The Bond Market • The Stock Market • The Option Market

  6. FINANCIAL MANAGEMENT- Business Investment Decision • Payback Period • Net Present Value

  7. FINANCIAL MANAGEMENT- Business Financing Decision 5 Basic Ways of Financing a Company’s Needs • receive credit from suppliers • obtain lease financing • obtain bank loans • issue bonds • issue stock

  8. MERGERS & ACQUISITIONS Legitimate Financial Reasons for Mergers & Acquisitions • diversify the company • improve sales & earnings • purchase an undervalued company • lower operating costs

  9. MERGERS & ACQUISITIONS - types • Merger • acquisition • hostile take over • leveraged buyout (LBO)

  10. ADDITIONAL THINGS MBAs INCLUDE IN THEIR VALUATION • Opportunity - improve operation, lower expenses, increase cash flow • Consider - sales of asset • Type of acquisition - merger, friendly, hostile or leveraged

  11. ADDITIONAL THINGS MBAs INCLUDE IN THEIR VALUATION • Samples - wage concession, break labor unions - layoffs - lower production costs - reduce working capital needs * lower inventory * lower receivables * increase payables - gain access to employees’ pension money

  12. ADDITIONAL THINGS MBAs INCLUDE IN THEIR VALUATION • Samples - sell real estate - sell patents and rights - sell divisions, subsidiaries, product line - sell unnecessary luxuries for executives (jets, company apartments)

  13. FINANCIAL OVERVIEW 2 Main Functions In The Financial World * buying * selling Theoretical basis for financial analysis is the risk/reward equation ie. Higher risk means higher returns

  14. STEVEN SILBIGER OPERATION THE 10-DAY MBA…... THE 10-DAY MBA …...THE 10-DAY MBA……. THE 10-DAY MBA…….

  15. MANAGEMENT THEORY • Theory X Take on the ‘pessimistic’ approach to human behavior • Theory Y Believe that workers are self motivated given a supportive work environment. • Theory Z Bringing together the management and workers in cohesive work groups - everyone is part of a consensual decision making process

  16. Y CONTINGENCY APPROACH X x • No scientific theory approach nor human relations approaches can be used successfully at all times • The proponents of the contingency approach believe that managers should alter and combine the two theories to fit the situation, Should the Japanese theory Z can be combined it would be so much better.

  17. Capacity Control Scheduling Standards Inventory THE PROBLEM SOLVING FRAMEWORKfor operations • 5 issues arise when trying to produce a product or service

  18. Methods Materials Manpower Machinery Money Messages THE 6 M OF CAPACITY

  19. SCHEDULING • Henry Gantt and Gantt Chart Scheduling A grid with task on one axis and time sequence on the other to set standards for scheduling • Critical Path Method of Scheduling (CPM) - A way of determining optimal scheduling - Used for complicated production projects that require the coordination of many tasks. • Queuing Theory to Schedule

  20. INVENTORY • The Balancing Act • Inventory Vocabulary - Raw Materials - Work in Process - Finished Goods - Pipeline - Cycle - Safety - Anticipatory - Speculative

  21. INVENTORY • Economic Order Quantity (EOQ) - Carrying costs - Ordering costs • Material Requirements Planning (MRP) - Method for planning & control - A sophisticated system to improve manufacturing efficiency

  22. STANDARDS & CONTROL • Benchmarking - Where accountants jump in to help the operational side of the business - By setting standards and seeing if they are met, production managers control the process • Quality - What is quality? - Total Quality Management (TQM)

  23. HOT TOPICS • Cycle Time The time it takes for company to convert a product idea into a new product or to improve an already existing product • New Technology & Integration • Information Technology (IT) - Has become a very valuable tool in the gathering and integration of useful information for competitive advantages

  24. OPERATIONS WRAP-UP • The 5 issue framework application - capacity - scheduling - inventory - standards - control

  25. OPERATIONS WRAP-UP • Questions to ask - What is the Management style? - Are the workers trained? - Is the production equipment adequate? Efficient? - Are there materials supplier problems? Quality?Delivery problem? - Is the production process efficiently configured? - Could an MRP system be used to coordinate the entire production process? - Are EOQ used for inventory ordering to minimize inventories and to free up cash? - Are there quality improvement programs in place? - Are adequate standards being set, monitored and followed up on a timely basis?

  26. STEVEN SILBIGER’SFINANCE & OPERATIONS Reviewed THE 10-DAY MBA…... THE 10-DAY MBA …...THE 10-DAY MBA……. THE 10-DAY MBA…….

More Related