Lasting Impression

In: Business and Management

Submitted By BBOBB
Words 725
Pages 3
The Lasting Impressions (LI) Company is a medium-sized commercial printer of promotional advertising brochures, booklets and other direct-mail pieces. While they have major firms they are servicing there are always opportunities for growth. The following tables will display a detailed determination of their financial positions as well as future options for expansion (Gitman & Zutter, 2013).

Initial investment Press A Press B

Installed Cost of new press:
Cost of new press $830,000.00 $640,000.00
Installation cost $40,000.00 $20,000.00
Total Cost – New Press $870,000.00 $660,000.00
After-tax proceeds-sale of old asset
Proceeds from sale of old press $(420,000.00)
Tax on sale of old press $(121,600.00)
Total proceeds-sale of old press $(298,400.00) $(298,400.00) $(298,400.00)
Change in net working capital $90,400.00 $-
Initial Investment $662,000.00 $361,600.00

Operating Cash Inflows (considered depreciation in year 6)

Press A Cost Rate Depreciation

1 $870,000.00 0.20 $174,000.00
2 $870,000.00 0.32 $278,400.00
3 $870,000.00 0.19 $165,300.00
4 $870,000.00 0.12 $104,400.00
5 $870,000.00 0.12 $104,400.00
6 $870,000.00 0.05 $43,500.00 $870,000.00

Press B Cost Rate Depreciation

1 $660,000.00 0.20 $132,000.00
2 $660,000.00 0.32 $211,200.00
3 $660,000.00 0.19 $125,400.00
4 $660,000.00 0.12 $79,200.00
5 $660,000.00 0.12 $79,200.00
6 $660,000.00 0.05 $33,000.00 $660,000.00

Existing Cost Rate Depreciation

1 $660,000.00 0.12 $132,000.00 Yr. 4
2 $660,000.00 0.12 $211,200.00 Yr. 5
3 $660,000.00 0.05 $125,400.00 Yr. 6
4 $- -
5 $- -
6 $-…...

Similar Documents

First Impressions

...FIRST IMPRESSIONS AND THEIR POWER, How first impressions strike us and their power to change actions Jacob XXXXXX CSU-Global ABSTRACT ------------------------------------------------- This paper will look at first impressions, how they strike us, the powerful ways in which they change our behavior and affect our decisions. How first impressions strike us and their power to change actions First impressions strike us in many different ways. They are often a powerful inhibitor which change the ways in which we would interact with others around us. Often times they are not indicative of the person we are meeting, yet they can permanently alter the ways in which we view others and the ways in which we interact with others. They are however not always permanent impressions. Many times a first impression can be less than desirable for many reasons. Such reasons can range from a person feeling under the weather, a person having unrelated stressors affecting their behavior to an unplanned and inconvenient meeting of two people. When a first impression is less than desirable for the meete, the meetor can tend to make certain assumptions about the meete. These assumptions can range from believing that the meete is less than capable at a particular task/job to believing that the meete is perhaps an undereducated and unmotivated person. However, the same can be said in reciprocal. Take for example a person who has nothing more than a high school diploma and a slightly......

Words: 829 - Pages: 4

First Impressions

...First Impressions First impressions are made every day in our social, business, and educational world. They are our first judgment and opinion of someone’s character. First impressions can be made in person, or from a distance through communication with someone we have not yet met in person. First impressions can even be made indirectly by people who observe us and our interactions with others. Ultimately, upon meeting someone new, “we walk away from them with a first impression that is like a Polaroid picture – a head-to-toe image that develops instantly and never entirely fades” (Flora, 2004). First impressions are formed rather quickly. “Psychologists, writers and seminar leaders caution that we only have from seven to seventeen seconds of interacting with strangers before they form an opinion of us” (Lampton, n.d.). This means that we have a very limited amount of time to either make a good or bad first impression. There are a number of factors that can influence ones first impression of another individual. Physical characteristics, such as style of dress, hygiene, facial expressions, and mannerisms can all play a role in forming an opinion of a person. Non-physical characteristics such as attitude, perceived level of friendliness, general demeanor, punctuality and preparedness can also help in forming opinions of others. Additionally, communication style, tone of voice, and level of confidence also aid in helping to form an opinion of another. ...

Words: 902 - Pages: 4

Impression Management

... Research Topic IMPRESSION MANAGEMENT Narrated By Serhat Turken Business Project Course – Individual Study OUTLINE * Abstract * Definition of Impression Management * Historical Background of Impression Management * Interactions with other Social Sciences * Impression Management Strategies and Tactics * Daily Life and Impression Management * Business Life and Impression Management * Conclusion * Bibliography Abstract Impression management, the process by which people control the impressions others form of them, plays an important role in interpersonal behavior. All kinds of organisations consist of individuals with variety of personal characteristics; therefore, those are important to manage them effectively that identifying the behavior manner of each, interactions among them, and interpersonal relations on the basis of impressions given and taken. This essay presents the impression management concept in an explanatory view that examined in six chapters – Definition of impression management (IM), Historical background of IM, Interactions with other social sciences, Impression management strategies and tactics, Daily life and IM, and Business life and IM.-......

Words: 4977 - Pages: 20

First Impressions

...First Impressions Tyler Gustafson ORG 300 Applying Leadership Principles Colorado State University – Global Campus Dr. Barbara-Leigh Tonelli March 19, 2014   First Impressions First impressions play a big role in determining the dynamic of a conversation or meeting. It is important for a person to be perceived as they have intended. Many people are quick to judge others just on their appearance alone, but ultimately the words and gestures people use in that first meeting are often what solidify your full impression of an individual. How you dress and carry yourself is big when it comes to first impressions. Someone in a suit and tie will come across as accomplished and educated. A person in baggy sweats or holy jeans may come across as a thug or someone of lower class. These are merely stereotypes and unfortunately this is how we often characterize a person at first. How someone dresses, though, is not necessarily who they are as a person. The man in a suit may have to wear that for work or just came from a wedding or funeral where as the man in baggy sweats may just be having a bad day or may be in desperate need of doing some laundry. What we wear may be that first indicator of how someone may perceive us, but it’s not the only aspect people use in determining someone as a whole on that first meeting. A persons gestures, posture, and tone of voice finalize your first impression. Relationships, whether professional, intimate, or casual, are built on......

Words: 1186 - Pages: 5

Lasting Impressions Company

...a. For each of the two proposed replacement presses, determine the following items: (2) Operating cash inflows (Note: Be sure to consider the depreciation in Year 6.) Operational Cash Inflows Operational Cash Inflows (3) Terminal cash flow (Note: This is at the end of Year 5.) b. Using the data developed in Part A, find and depict on a timeline the relevant cash flow stream associated with each of the two proposed replacement presses, assuming that each is terminated at the end of five years. $128,400 $662,000 $182,160 $166,120 $167,760 $167,400 $191,760 $359,160 Press A $87,600 $361,600 $119,280 $96,160 $85,680 $121,200 $85,680 $206,880 Press B 0 0 1 1 2 2 3 3 4 4 5 5 $128,400 $662,000 $182,160 $166,120 $167,760 $167,400 $191,760 $359,160 Press A $87,600 $361,600 $119,280 $96,160 $85,680 $121,200 $85,680 $206,880 Press B 0 0 1 1 2 2 3 3 4 4 5 5 c. Using the data developed in Part B, apply each of the following decision techniques: (1) Payback period (Note: For Year 5, use only the operating cash inflows.) The acceptable payback period is determined subjectively by the manager. Incorrect Calculations see below Incorrect Calculations see below (2) Net present value (NPV) (Incorrect calculations see below) Press A NPV= $128,400/1.14+$182,160/1.142+$166,120/1.143+$167,760/1.144+$191,760/1.145-$662,000=$-97,816 Press B NPV=......

Words: 516 - Pages: 3

Lasting Impression Ed

...A time I left a lasting impression on a patients family is about a year ago. I had an older gentleman who was brought into the Emergency Department by ambulance for abdominal pain. Report also included that he was pale and had a low blood pressure and a very distended abdomen. Upon arrival to the ED, the patient was placed on the heart monitor, had multiple IV’s established, blood work drawn, medications verified, and multiple tests ordered. My assessment which was initially focused on the patient who’s blood pressure was low, was having a hard time staying awake, and much pain in his abdomen. The issue not only was to stabilize the patient, while figuring out what was causing the pain & distention in his abdomen, but also to try to get the patients pain under control without further lowering the patients blood pressure. The labs showed low blood counts, with the patient needing blood transfusions on top of the IV fluids and medications being used to raise his blood pressure. The imaging studies showed a twisted bowel, with a large area of potentially dead gut. With this, the patient in his stay then needed to be prepared for emergency surgery. While this was all going on, it was also keeping in mind that the patients spouse was in the room. She needed to be comforted to, listened to so she new she had a voice and was being heard. She also needed to know what exactly was going on with her husband and made to understand how serious his condition was. The...

Words: 628 - Pages: 3

First Impressions

...2012 First Impressions Everyone has been on or has known someone who has been on that first date where the advice is given about making a good first impression. First impressions are important especially in cases of job interviews, meeting family members of significant others, and romantic settings where you meet that special person for the first time. Sadly enough for most females, they base their romantic interactions on these first impressions which usual cause heartache. Women are usually more emotional invested in a relationship or romantic encounter than guys are. Therefore, guys whom are “players” develop their “game” around this to provide more of an assurance of them getting laid. It is compelling to make that first impression when meeting someone new. For players, they strive to create that image of “the good guy”. Upon that first meeting, impression formation is developed from the physical attributes and features as well as the beginning actions. Individuals are judged by that first impression on what part of society they belong to. When evaluating guys, the social groups that are examined are; the good guy, the dog/player, the needy/too attached, and the emotionally unavailable to name a few. The stereotypes of these groups comes into play therefore, impression management is part of the play book for players. The “ideal guy”, the good guy most females want and talk to their friends about, must be projected to leave that lasting good impression. ......

Words: 296 - Pages: 2

First Impression

...We never get a second chance to make a first impression Communication is the art of convincing others. A key to effective communication is to make a good first impression. Once we set a good first impression, they frequently stay with us for the life of the relationship. Unfortunately, bad fist impressions have a way of ending even the most profitable relationships before they begin. An initial impression-- whether it is good or bad-- is made within the first three seconds. The first few moments of any contact often affect our relationship with the individual for a lifetime. With our customers, the outcome of the first impression we make can affect our style of life for years to come. Everything we do and say—or fail to do and say—will ultimately affect the impression we make on the people we meet. The key variables that can make the first impression good are voice, appearance, cultural considerations, eye contact, body language, interests, smile, listener, and feel important. Voice can make or break us before we even meet our prospect face to face. If a salesperson speaks badly—mumbles, whines, talks too fast—it can turn people off. To overcome mumbling, we should take the time to enunciate our words. We should slow down, punctuate our speech using phrases& pauses to meet the people. A “vocal workout” using long, sustained sounds and vowel exercises will add power to our voice. Appearance: Are we clean or neat? Are our clothes not neat, but appropriate for the job at......

Words: 648 - Pages: 3

Misdirection and Disorientation: a Lasting First Impression

...------------------------------------------------- HR Case Study Misdirection and Disorientation: A lasting First Impression April 21, 2015 university of Aruba Prof. Dr. Scott J. Smith, Ph.D., C.M.P. April 21, 2015 university of Aruba Prof. Dr. Scott J. Smith, Ph.D., C.M.P. Author: Andre Letang (143561) Author: Andre Letang (143561) Table of Contents 1. Introduction 2 1.1 Carlos Silver (The new recruit) 2 1.2 Candice (The leader) 2 1.3 Mandy (The assistant catering manager) 2 1.4 SWOT analysis case study 3 2. The Case Study Analysis 4 2.1 What went wrong? 4 2.2 Would it have gotten better after a few days? 5 3. Recommendations 6 Reference 8 1. Introduction The case study is about Carlos, a newly recruited individual with no work experience arriving for his first day of work. Carlos a fan of the Golden Moon Resort and Spa was thrilled when two days after his interview with HR, the resort’s catering director, Candice, called asking him to start the following Saturday. As a fan and young man, Carlos showed great enthusiasm and willingness to learn in order to ensure the company remains successful. At arrival, because of lack of communication, training and clarity Carlos experienced several awkward encounters. These encounters lead to Carlos feeling confuse, discouraged and frustrated, which stimulated him quitting on his first day of work. 2.1 Carlos Silver (The new recruit) Carlos is a freshman at the local......

Words: 2860 - Pages: 12

Misdirection and Disorientation: a Lasting First Impression

...HRM Case Study Paper Misdirection and disorientation: A lasting first impression Deirdre Snoijl (138568) Human Resource Management Dr. Scott Smith University of Aruba April 21, 2015 TABLE OF CONTENTS Page Introduction 3 1. Description of the Food & Beverage department in resorts 4 2. Description of the role of the Human Resource Management department in resorts 4 3. Analysis of the case study 5 3.1. Identification of the issues 5 3.2. Solutions to the issues 6 3.3. Culture of organization 7 4. Conclusions and recommendations for short- and long term 8 References 10 Introduction The following paper forms part of the final task for the course ‘Human Resource Management’ of the MBA program of the University of Aruba year 2015­2017. Based on the assignment received, an HRM case study paper was analyzed and recommendations were given. In the case study paper you will find (1) a description of the Food & Beverage operations in resorts, (2) a description of the role of the Human Resource Management department in resorts, (3) analysis of the case study, and last, (4) conclusions and short – and long term recommendations for resorts in order to maintain a viable service-oriented staff. 1. Description of the Food & Beverage operations in resorts According to the National Restaurant Association (2011), restaurants are one of...

Words: 3356 - Pages: 14


...Journal #5 By Maxim Borodaev My impressions about USA. Since January, when I came to USA, I`m trying to understand this country. This country not really difficult to discover, but I found a lot of interesting things and interesting people to discover. For whole 6 mouths here I`m trying to understand, how I suppose to live here. This is what about will be this journal or rather about my impressions. I think that for you it will be interesting. I mean “How I see this country”. First part of this journal will be about first time in USA. Of course first time for me was the most difficult. I missed, and still miss some people from my past life. I had a feeling like sheep in the circle of wolves. I came without anybody from my relatives, and without any help, and I supposed to survive here and socialize. I was always in my mind, I was closed to people. It was first problem. Second problem was language. Nobody understood me and didn`t want to understand. I wanted to go home. But it wasn`t about my relatives. I wanted to stay home, I mean my country. But with time I changed my mind and understood that right now I`m in different life and different country, and I have to live here for whole time I am in the university. After some time I started to communicate with people. Almost they were international students. Almost from Saudi Arabia. I met a lot of people, but they weren`t this people who I wanted to communicate. They were good with me, but I felt that they are not my......

Words: 310 - Pages: 2

Lasting Impressions Company

...Lasting Impressions Company Lasting Impressions Company (LI) is a medium-sized commercial printer of promotional advertising brochures, booklets, and other direct-mail pieces. The firm’s major clients are New York- and Chicago- based ad agencies. The typical job is characterized by high quality and production runs of over 50,000 units. LI has not been able to complete effectively with larger printers because of its existing older, inefficient presses. The firm is currently having problems cost effectively meeting run length requirements as well as meeting quality standards. The general manager has proposed the purchase of one of two large six-color presses designed for long, high-quality runs. The purchase of a new press would enable LI to reduce its cost of labor and therefore the price to the client, putting the firm in a more competitive position. The key financial characteristics of the old press and the two new presses are summarized in what follows. Old press – Originally purchased 3 years ago at an installed cost of $400,000, it is being depreciated under MACRS using a 5-year recovery period. The old press has a remaining economic life of 5 years. It can be sold today to net $420,000 before taxes; if it is retained, it can be sold to net $150,000 before taxes at the end of 5 years. Press A – This highly automated press can be purchased for $830,000 and will require $40,000 in installation costs. It will be depreciated under MACRS using a 5-year recovery period....

Words: 709 - Pages: 3

First Impression

...In our everyday life, we often experience that someone turns out to be totally different from the impression you had when you first saw them. This goes with the saying that “first impression are not always appealing as what is really there” and could change in time when you get to know and learn more about the person you are dealing with. In a Wolf in Sheep’s clothing the wolf gave an impression that he is one with the sheep and appears to be harmless when really he is going to deceive the shepherd. Oftentimes we create an appealing outward presentation of what others wants to see in us so we could fit in a group or society. We create a facade potential for acceptance of others and we tend to stick to it because it gives us a great feeling that other people like us for what they see in us. Unfortunately one’s presentation is the first thing that other people see in us and also the first thing that people judged about us. There are people who are exactly what they look and appearance is just only one factor by which you can determine who they really are. On the other hand, it is also true that you can tell what the person is like to some degree by his or her words and actions. Words and actions have a power of their own, but they can only be powerful as by who demonstrates and delivers that serves as solid of proof of one’s position. There is no denying fact that one’s actions and words can move and motivate people or can terrorize and create damage. The lion is known......

Words: 777 - Pages: 4

Impression Managment

...Impression Management Impression management is a goal-directed conscious or unconscious process in which people attempt to influence the perceptions of others about a person, object, or event. Everyone uses impression management from time to time. * In what situation are you most likely to use impression management? What situation are you most likely not going to work to use impression management? What is the typical difference between these two situations? I would most likely use impression management when seeking employment. It’s very important that the employer receives the impression that you’re a great fit for the company. I wouldn’t use impression management at a family reunion or an event where there’s family and friends who knows me well. The difference in the two situations is that one is with relatives and the other one isn’t. * Provide an example of when you used impression management successfully. What was the outcome and why? Everyone knows that employment is very important and it’s important to impress the hiring managers. I read the entire job duties associated with the position and knew exactly what to say and how to say it. I was able to impress them enough to get the Out of 20 people who were interviewed I was the one who received the job. * Now provide an example in which you attempted to use impression management and it failed. Why did it fail, and what was that outcome? School has always been hard for me and a struggle although......

Words: 431 - Pages: 2

First Impressions

...“The First Impression” Conditions Precedent: n Send memo and e-mail to all those that may be attending. State place and time of meeting. n Prepare PowerPoint to accompany presentation during meeting. Meeting Points: n Present State of “Gourmet’s Delight” o For the last 6 consecutive months we have had declining profits. o Reported net loss of $10 million in Q4. o Our Chief Financial Officer has resigned. o New appointment of Jeffery A. Blade as Chief Financial Officer ▪ Most recently, Vice President of Finance for Cott Beverages USA ▪ Has led many companies from financial disarray to structured organization leading to financial control and profit growth o Establish new vision and mission statements ▪ New Vision Statement: “ Gourmet’s Delight is a modern American concept and we intend to lead and dominate the premium bistro segment in the restaurant industry.” ▪ New Mission Statement: “ To consistently serve our patrons the highest quality salads and sandwiches, using only the freshest ingredients, while offering the finest service and the lowest possible price.” n The Future of “Gourmet’s Delight” o Forecasting profits of $3 million in Q1. o Forecasting profits of $15 million for 2010. n Growing our business o Strategic ▪ No expansion set for 2010. ▪ Managing Labor • Establishing mandatory breaks • Strategic scheduling • Constant management involvement in units ▪ Managing Food Cost • Counting inventory before opening and......

Words: 565 - Pages: 3