Discussion Topic Essay Example | Topics and Well Written Essays - 500 words - 1

Discussion Topic - Essay Example If you havent already memorized them, they are: Objective, Offensive, and Mass, Economy of Force, Maneuver, Unity of Command, Security, Surprise and Simplicity. To what extent, if any, do Chinese views follow or depart from the modern principles, and why?   Your opinions are welcome, but back them up with evidence. Sun-Tzu was talking about strategy as contained in his book The Art of War. The writing that says â€Å"the army is established by deceit, moves for advantage, and changes through segmenting and reuniting† must not be taken literally. Sun-Tzu was talking metaphorically. By deceit, he meant the confidentiality and secrecy character of a military organization. A military organization’s objective is to win war wars not to be honest. Divulging one’s military capability blunts its capacity for offensive. One must not be â€Å"truthful† or â€Å"candid† about the status of its military otherwise the enemy would plan against it and could easily defeat it. By â€Å"moves for advantage, and changes through segmenting and reuniting† just meant that a military organization adapts to a situation or its maneuverability by regrouping and when he mentioned â€Å"its speed is like the wind, its slowness like the forest; its invasion and plundering like a f ire; unmoving it is like the mountains. It is as difficult to know as the darkness; in movement it is like thunder", Sun-Tzu merely described the offensive capability of a military organization through a unified command. These Chinese views about military tactics and strategies may sound ancient but is still actually present in today’s military tactics. Sun-Tzu just talked the language of his day but he actually talked about â€Å"classified nature of the military†, regrouping, organization, timing of attack and speedy response of military action. Much of military strategy and tactics today   are derived from the principles of Sun-Tzu

The Capital Structure Decision and the Cost of Capital Essay

The Capital Structure Decision and the Cost of Capital - Essay Example The products include dolls and accessories, vehicles, games, puzzles, as well as play sets. The company’s popular toy brands include the Barbie dolls, Polly Pocket, Little Mommy, Monster High, BabyGear, WWW Wrestling figures, Fisher-Price, CARS, Toy Story, Max Steel, and Batman. The company sells it toy products in physical stores as well as online stores. Based on the module discussions discussed, the nature of the Mattel (http://finance.yahoo.com/q/bs?s=MAT+Balance+Sheet&annual) company’s toy business operations and its toy clients, it is highly recommended that the capital structure (total liabilities or debt and equity proportions) must be adjusted to the medium debt ratio (1.0) type of business structure. The medium debt type of business organization can be equated to a financial position where there is an equal amount of total debt and total l equity. For, increasing the debt to an amount which is higher than the total equity would entail an increase in interest p ayments to the creditors. Creditors lend money in exchange for interest payments. In terms of amount, the current Mattel debt and equity amounts are high debt for both debt and equity amounts do not reach $3,000,000,000. Thus the medium debt ratio (1.0) amount can be reached my making either the debt equate the equity amount or the equity amount to equate the debt amount. Mattel Company has the best debt to equity ratio at 1.0. In terms of cost of capital, Mattel has the lowest of the three companies. On the other hand, an increase in the stockholders’ equity amount would generate more cash on hand needed for the company’s continuance of its current operations. However, the stockholders may not have enough funds to increase their investments in the company. In terms of risks, borrowing funds will increase the amount of the unpaid liability. Likewise, borrowing funds will generate the risk that creditors may not be able to grant the required loan amount. In terms of ris ks, the company will not be able to generate enough revenues to pay for the loan amount. One advantage of the generation of funds through debts is to avoid increasing the balance sheet’s stockholders’ equity figure. An increase in stockholders’ equity would produce lesser dividend distribution per share of stock. An advantage of the increasing debt amount is the avoidance of decreasing the company’s dividend per share contribution. The company’s 2010 beta is $0.99 each. Clorox The Clorox Company (http://finance.yahoo.com/q/ks?s=CLX+Key+Statistics) is engaged in the manufacture and sale of consumer products. The products are sold in the United States and around the world. The company’s products are segregated into four major divisions. The divisions are cleaning, household, lifestyle, and international. The company’s popular brands include Clorox cleaning products, liquid – Plumr, S.O.S., STP, and Armor All. Internationally, the company focuses on the home care products, cat litter products, plastic bags, containers, wraps, and charcoal products. The company’s beta is 0.35. In terms of amount, the current Clorox debt amount is less than $5,500,000,000 and the company’s equity amount is less than $100,000,000. Thus medium debt ratio (1.0) amount can be achieved by either increasing the current equity amount to equal the debt amount or reducing the debt amount to equal the current equit