Media Ethics Case Research Proposal Example | Topics and Well Written Essays - 500 words

Media Ethics Case - Research Proposal Example Journalists are pillars of our society and they need to be ethically correct in discharging their duty to disseminate correct information to the public at large. Violation of academic trust through plagiarism, cheating, falsifying information or aiding and abetting in any of the nefarious activities are now serious offences and they are considered as totally unacceptable conduct in all areas of work, including journalism. Hence their professional honesty is crucial in promoting correct facts and interpretation on issues and topics that are socially, economically and politically relevant. During the Second Lebanon War between Hezbollah military and Israel forces, there was widespread damage to civilian infrastructure, including to the main airport of Beirut. War causalities also included killing of innocent civilians. The media had lapped up the war that had generated mass reaction all through the world. The photos of freelance Lebanese photo-journalist had generated mass hysteria against the Israel attacks which had damaged civilian places and displaced millions of the people from their home. Reuter later admitted that these photos were digitally altered (BBCNews, 2006). Altering the photographs digitally for vested interests was ethically wrong. The journalists are supposed to present the real situation to the people so the people can correlate with the event and accordingly propose a course of actions. In this case, the digitally altered photographs were meant to show gruesome and grotesque footage of war torn area and people and incite Muslims for the acts of terrorism and indirectly garner support for Hezbollah militants in their war against the Israelis. The actions of the Lebanese photo-journalist will have long term implications not only for the said journalist but the whole cadre of the journalist would become the target for vested interest and

Financial Analysis for Managers Essay Example | Topics and Well Written Essays - 750 words

Financial Analysis for Managers - Essay Example The WACC takes into consideration the relative weights of each element of the capital structure and presents the predicted cost of new capital for an organization. In this way the WACC is important for any firm or organization operating as it not only helps them identify the minimum returns they need to earn but also helps them maintain a constant stock price. The WACC also provides greater accuracy and stabilizes fluctuations (Robert Libby, Patricia Libby, 2005). The WACC is also an important decision variable in investment appraisal and capital budgeting. Every company or firm wants to increase its wealth and earn profits hence it invests wherever it sees an opportunity. To find the profits that would be earned in the future through the investment at present WACC is a very effective tool. WACC helps a firm take on greater range of projects, because with a lower WACC, more projects will have a positive NPV plus it provides greater firm value, and therefore, greater Stock Price, beca use you discount cash flows by a smaller number. Capital expenditures are the allotment of resources to huge, long-term projects. The capital budget is a declaration of the intended capital expenditures. It is far more than a straightforward listing, and is not the "budget" in the common sense. Provided the nature of capital expenditures, the capital budget is thought of as a declaration of the goals and strategy of the firm. Formation of the capital budget is an essential assignment that affects and is affected by all other areas of decision-making in a firm. Current and future business situations are the opportunities and constraints through which the goals of the firm are formulated. The goals force the strategic decisions of capital budget and financing but likelihood and uniformity with the mutually dependent financing and capital budget decisions must be measured in situating the goals. For projects that are similar to the normal operations of the firm and have a similar risk profile the opportunity cost can be estimated by the firm's weighted average cost of capital (WACC) (Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso. 2006). The WACC is the rate of return that just meets investor expectations, leaving the worth of the shares of the firm unaffected. WACC is computed by initially approximating the rate of return compulsory to meet the obligations for each basis of capital. These obligatory rates are then weighted according to the objective capital structure of the firm to attain the in general rate of return required to meet the mutual obligations. This is the return that could be achieved by reinvesting the finances within the company. What are the risks and uncertainty related to capital budgeting There are plenty of risks and uncertainty associated with capital budgeting, Capital budgeting involves a lot of analyzing and studying because a wrong decision can be fatal for a firm. Mostly projects that have a positive NPV are selected to be undertaken. Capital Budgeting involves the risk of losing the invested money. As capital budgeting involves future investing decisions hence constraints such as