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How to Say I Am Sorry in English and Vietnamese - 1487 Words

Subject: Cross-cultural communication CULTURAL COMPARISON OF SAYING â€Å"I’M SORRY† BETWEEN AMERICAN AND VIETNAMESE OUTLINE Sorry is one of the most popular phrases in American English. Americans say â€Å"sorry† as an everyday idiom while Vietnamese rarely say â€Å"xin lá »â€"i†. In American culture, the phrase â€Å"I’m sorry† doesn’t only refer to an apology but also express a lot of other meanings such as: sympathy, politeness and so on. Because of the limitation of time, we just refer to the habit of saying â€Å"sorry† of American and Vietnamese as an act of verbal communication. A. Saying â€Å"sorry† - an apology. I. Differences in cultural aspects: The differences in the frequency of saying â€Å"sorry† as an apology result from†¦show more content†¦|- Em xin lá »â€"i, hà ´m nay tá º ¯c Ä‘Æ °Ã¡ » ng quà ¡ | |Promising of forbearance |- I promise you that that will never happen|- Con há » ©a sá º ½ khà ´ng bao giá »  phá º ¡m lá »â€"i ná » ¯a | | |again | | |Expressing emotion |- Oh (I’m sorry) |- Ôi tá »â€º xin lá »â€"i | |Self denigration |- How silly of me |- Tà ´i thá º ­t Ä‘oá º £ng quà ¡ | |Minimizing the degree of the offense |- I doesn’t mean to do that |- Tà ´i khà ´ng cá »â€˜ à ½ Ä‘Ã ¢u | |Combining more than one strategy |- I’m sorry. How silly of me, let me pay |- Tà ´i xin lá »â€"i, tà ´i thá º ­t Ä‘oá º £ng quà ¡, Ä‘á »Æ' tà ´i Ä‘á » n cho| | |for the damage I’ve done. |bá º ¡n cà ¡i khà ¡c nhà ¡ | |Show MoreRelatedThe Enforcement Of Gender Roles Are Not Only Between Man And Women1511 Words   |  7 Pagesprivileged environment. In contrast, I grew up in a low income family, and I don t make a six figure salary. Hence, I felt that every time I hang out with my husband’s friends or family, I don’t fit in, or don t have much talk about. For example, one incident, one of his friend’s wife, Doan Vu said to me, â€Å" you are pathetic, lazy girl can t even speak English. You need to go take some ESL classes to learn some English because I can t understand a thing you said.† because I was so mad the fact that allRead MoreVietnam And The Vietnam War3709 Words   |  15 PagesVietnam there first thought ultimately goes to the Vietnam War. Little do they refer to modern day Vietnam or are aware of current events. I know this because I conducted a 25 person questionnaire. Yes, 25 people is a very small amount and doesn’t extend through every age group I am aware of this, but over the years from my personal prospective of Americans that is all I have really ever perceived. It is important to realize that Vietnam like any other country in the world; has a long extensive historyRead MoreGrowing Up Asian in Australia Creative Story1982 Words   |  8 PagesI just had an enormous fight with my mother, â€Å"I forbid you to ever go near the athletic track when youre under my roof.† She didn’t take the news of my athletic training too lightly. â€Å"You go back there, youre out! Out on the streets!† I grabbed my runners and slammed the front door on her. When she was out of earshot, I started insulting her with every swear word I knew, in both English and Vietnamese. I started running as fast as I could, but I should stop there and explain the whole thingRead MoreJasper Jones Study Guide6848 Words   |  28 Pagesdifficult time reconciling these different versions of him: ‘I remember thinking that if I hadn’t seen the cuts and bruises on Jasper’s face for myself, I wouldn’t have thought for a second that this burly paternal copper was capable of locking up an innocent boy without charge and beating him. If Jasper Jones hadn’t shown me the cigarette burns on his shoulders just hours before, if I hadn’t touched their ugly pink pucker with my fingertips, I wouldn’t have suspected this man to be the monster he was’Read More111135197X 38570 Essay example17696 Words   |  71 PagesYou Have Learned (pages 21–25) Exercise 1 (page 21) I 1. I have been interested in physics since high school. I 2. Having good social skills is essential for my job, and I decided (OR have decided) to take a class in personal communication. I 3. Since she was a child, she has liked sports, especially water sports, such as swimming and waterskiing. I 4. Mario graduated as a veterinarian in January of last year. C 5. Correct I 6. First, we went to Italy. Then, we traveled toRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesLibrary of Congress Cataloging-in-Publication Data Robbins, Stephen P. Organizational behavior / Stephen P. Robbins, Timothy A. Judge. — 15th ed. p. cm. Includes indexes. ISBN-13: 978-0-13-283487-2 ISBN-10: 0-13-283487-1 1. Organizational behavior. I. Judge, Tim. II. Title. HD58.7.R62 2012 658.3—dc23 2011038674 10 9 8 7 6 5 4 3 2 1 ISBN 10: 0-13-283487-1 ISBN 13: 978-0-13-283487-2 Brief Contents Preface xxii 1 2 Introduction 1 What Is Organizational Behavior? 3 The Individual

Financial Management Fine Health Inc.

Question: Discuss about the case study Financial Management for Fine Health Inc. Answer: Introduction In this report, an attempt is made to provide a detailed analysis of X-TRM project to the management of Fine Health Inc. The company has already incurred $2 million in research and development for developing next generation energy drinks for athletes. It is estimated that it will take approximately 4 to 6 years time to launch the energy drink. Therefore, the company is considering launching a perversion of the drink in spite of the existing controversies. The techniques of capital budgeting like Net Present Value (NPV), payback period, Internal rate of return (IRR) and profitability index are applied in this report to evaluate the project (Bierman and Smidt 2012). Evaluation of the project In this section, the capital budgeting techniques applied by the company to evaluate the project X-TRM are discussed. The capital budgeting is referred to as the process that a company applies for evaluating the viability of a long-term project or investments (Ahmed 2013). There are various capital budgeting techniques few popular of them are Net Present Value, Discounted Payback Period, Internal rate of return and profitability index. In this report all the mentioned capital budgeting techniques are applied so that the management could make an informed decision. Net Present Value The Net Present value is calculated by deducting initial cash outflow from the discounted cash inflow. This method is a popular project evaluation technique because the time value of money is considered. If Net Present value is positive that means the project is profitable and if the NPV comes negative then such projects should be rejected (Brigham and Ehrhardt 2013). In this case, for evaluating the project X-TRM a table is prepared showing the projected cash flow for 6 years. On analyzing, the table it can be seen that the company is expected to earn profits from the beginning and the project continue to be profitable for six years. Further the table also shows that the profit from the project is expected to rise continuously for 6 years which is a positive sign. Fig.1. Chart Showing estimated profit The net cash inflow for the project is calculated by adding back depreciation and deducting increase in working capital. The cash inflows from the projects are positive which implies that the project is estimated to be profitable. In this technique, cash inflows are multiplied with discounting factors so that present value of cash flow could be ascertained. The NPV of the project is $1399926.67 and if the project is evaluated based on NPV then the project should be accepted. Discounted Payback Period The payback period is the duration of time that is required to recover the amount invested in the project by the amount cash generated from the project. It is one of the simplest ways of evaluating risk associated with the project. It is calculated by dividing the initial cash outlay by the net cash flow generated from the project (Gorshkov et al. 2014). If a project is to be evaluated based on payback period then projects having low payback period should be accepted and projects having higher payback period should be rejected (Brigham and Houston 2012). In the case of Fine Health Inc the discounted payback period came to 4.6 years. The management requires that the payback period of the project should be 4 years. If the project is to be evaluated based on the required payback period then the project should be rejected. Internal Rate of Return Internal rate of return is a capital budgeting technique that measures the profitability of the project. The IRR is the discount rate that equates the net present value of the cash flow of the project with the initial cash outflow (Zsidisin 2016). The IRR is then compared with the required rate of return and if IRR is more than the required rate of return then the project should be accepted otherwise it should be rejected. In the case of Fine Health Inc the IRR is calculated after preparing the discounted cash flow and the calculation is shown in the appendices. The IRR of the project X-TRM comes to 9%. The weighted average cost of capital of the company is 13%. The weighted average cost of capital is that rate which the company has to pay to finance its project. It is the minimum cost, which the company has to incur for initiating a project so it is taken as the required rate of return (Bartlett et al. 2014). Therefore, the weighted average cost of capital is taken as internal rate of return and it is compared with IRR for evaluating the project. The weighted average cost of capital of the company is 13% whereas the IRR of the project is 8% so if the project is to be evaluated based on IRR then the project should be rejected. Profitability Index Profitability Index is an important capital budgeting techniques that is used to evaluate the projects. It is a useful technique to consider the viability or profitability of the project (McKinney, 2015). The profitability index is calculated by using cash inflow; cash out flow and discount rate. The formula of profitability index is: Profitability Index= 1+ Net present value/ Initial Investment Required. If the profitability index of the project is equal to or more than one then the project should be accepted. The project is worth executing because PI is more than one and that means expected return from the project is more than the required rate of return (Geisler and Wickramasinghe 2015). In the case of Fine Health Inc, the Profitability index of the new project is 1.40. As the profitability index is more than one that means the return from project X-TRM is greater than expected rate of return. Therefore, if the project is to be evaluated based on Profitability Index then the project should be executed. Recommendation The project X-TRM of the Fine Health Inc is analyzed based on the capital budgeting techniques. In this report, more than one technique have been used so the result is different for each techniques. If the project is to be evaluated only based on NPV then it is recommended that the projected should be executed. If the project is evaluated based on the payback period method then as the payback period of the project is less than the required rate of return then the project should be rejected. If the project is evaluated based on IRR then it is recommended that projected should be rejected, as it is less than the weighted average cost of capital. The profitability Index of the project is more than one so if the project is to be considered based on this then the project should be accepted (Frank and Pamela 2016). Conclusion The report provides a complete analysis of the profitability of the project based on capital budgeting techniques. The weighted average cost of capital is more than the IRR of the project and the payback period is more than the required period of 4 years. Further it should also be noted that there is a controversy that the drink causes health hazard which may result in reputational and financial damage. These aspects are not considered in capital budgeting techniques. Therefore based on the above analysis it can be concluded that the management should reject the project, as the return from the project is not an adequate compensation for risk taken. Reference Ahmed, I.E., 2013. Factors determining the selection of capital budgeting techniques.Journal of Finance and Investment Analysis,2(2), pp.77-88. Bartlett, G., Beech, G., de Hart, F., de Jager, P., de Lange, J., Erasmus, P., Hefer, J., Madiba, T., Middelberg, S., Plant, G. and Streng, J., 2014. Financial Management: Turning Theory into Practice. Bierman Jr, H. and Smidt, S., 2012.The capital budgeting decision: economic analysis of investment projects. Routledge. Brigham, E.F. and Ehrhardt, M.C., 2013.Financial management: Theory practice. Cengage Learning. Brigham, E.F. and Houston, J.F., 2012.Fundamentals of financial management. Cengage Learning. Frank, J.F. and Pamela, P.P., 2016. Financial Management and Analysis. Geisler, E. and Wickramasinghe, N., 2015.Principles of knowledge management: Theory, practice, and cases. Routledge. Gorshkov, A.S., Rymkevich, P.P., Nemova, D.V. and Vatin, N.I., 2014. Method of calculating the payback period of investment for renovation of building facades.Stroitel'stvo Unikal'nyh Zdanij i Sooruzenij, (2), p.82. McKinney, J.B., 2015.Effective financial management in public and nonprofit agencies. ABC-CLIO. Zsidisin, G.A., 2016. Robert J. TrentSupply Chain Financial Management: Best Practices, Tools, and Applications for Improved Performance2016J. Ross PublishingPlantation, FL.Journal of Purchasing and Supply Management.