This paper provides a comparative analysis of the stock investment value of Amazon,Microsoft,and Apple,three global companies that investors may consider when investing in stocks.The author analyzes each company’s bu...This paper provides a comparative analysis of the stock investment value of Amazon,Microsoft,and Apple,three global companies that investors may consider when investing in stocks.The author analyzes each company’s business diversity,financial situation,and industry competition.Amazon is a leading e-commerce company with strong domestic and international competitors in the field of e-commerce and cloud computing.Microsoft is a stable company with a dominant position in the personal computer operating system market and a growing market share in the field of cloud computing.Apple has a diverse product line,including hardware and software products,and faces competition from many competitors,but maintains its competitiveness in the market by investing in technological innovation.The paper concludes that the stock market is full of opportunities and challenges.And investors need to have a certain risk awareness and long-term investment vision.The analysis provided in this paper can help different investors select stocks that suit their preferences and investment objectives.The paper uses data from Yahoo Finance and company websites to provide an overview of each company’s performance,net sales,and stock prices compare the calculation results,and then select the stocks that investors with different preferences prefer.展开更多
Enterprise information Management Stratagem is the integration of the enterprise assisted management system and information system including organizational management, products research, production management, marketi...Enterprise information Management Stratagem is the integration of the enterprise assisted management system and information system including organizational management, products research, production management, marketing. The value of the enterprise IT application is based on the embodiment of copositive benefit in the production operation and management course. The true value of the EIMS not only includes the catalogue in the enterprise operation course, but accord with the enterprise long business operation activities and enterprise value chain increment course.展开更多
Value is the scale that appraises whether the comparison between a certain thing and its realization which we need to consume is rational. The paper appraises the investment value and incomes of human capital by apply...Value is the scale that appraises whether the comparison between a certain thing and its realization which we need to consume is rational. The paper appraises the investment value and incomes of human capital by applying value engineering method. It elaborates the investment structure and contents of human capital first, and then analyzes and summarizes various functions of enterprise's human capital. It educes the production function and the optimum equilibrium solution of human capital on this basis. Finally, it appraises the investment value of human capital by applying VE method. Thus we will apply a new method in the human capital field.展开更多
By applying methods of investment appraisal, this paper offers a financial approach for determining the optimal level of segment-specific marketing activities and market development under the conditions of imperfect m...By applying methods of investment appraisal, this paper offers a financial approach for determining the optimal level of segment-specific marketing activities and market development under the conditions of imperfect markets and uncertainty. Within the scope of marketing planning and controlling, the model is suited to optimizing an enterprise's market activities and taking interdependencies between market segments, production, and investments into account. Applying duality theory of linear programming allows for identifying the income determinants and deriving formulas for a correct valuation by using (corrected) net present values (NPVs). Under certain conditions, they can also be used to easily evaluate and financially interpret the effects of parameter changes. The author uses sensitivity analysis to support these findings and to obtain more information on the effects of these determinants.展开更多
Using a sample of Chinese security analysts’recommendations from 2005 to2010,we examine the source of analysts’superiority and the investment value of their recommendations.Using a calendar-time portfolio approach,w...Using a sample of Chinese security analysts’recommendations from 2005 to2010,we examine the source of analysts’superiority and the investment value of their recommendations.Using a calendar-time portfolio approach,we find that,on average,analysts’recommendations are valuable and that analysts are better at analyzing and transferring firm-specific information than market-wide or industry-level information.In addition,we show that the investment value of recommendations increases as firm-specific information becomes more important in stock pricing.Our empirical results are useful in guiding investors and helping brokerage houses to evaluate the output of research departments.展开更多
This article analyzes R & D investment decisions in an asymmetrical case. The investment decisions share three important characteristics. First, the investment is completely irreversible. Second, there are two kinds ...This article analyzes R & D investment decisions in an asymmetrical case. The investment decisions share three important characteristics. First, the investment is completely irreversible. Second, there are two kinds of uncertainties over the future returns from the investment and over technology in R & D process, respectively. Third, there is strategic competition in the asymmetrical case. This article presents the optimal investment threshold values and the optimal investment rule of high-efficient firm (leader), and shows that the investment threshold values are reduced by competition of two firms. Finally, the mixed investment strategies for two firms, the probability that each firm separately exercises the option to invest, and the probability that two firms simultaneously exercise the option are given in the paper.展开更多
文摘This paper provides a comparative analysis of the stock investment value of Amazon,Microsoft,and Apple,three global companies that investors may consider when investing in stocks.The author analyzes each company’s business diversity,financial situation,and industry competition.Amazon is a leading e-commerce company with strong domestic and international competitors in the field of e-commerce and cloud computing.Microsoft is a stable company with a dominant position in the personal computer operating system market and a growing market share in the field of cloud computing.Apple has a diverse product line,including hardware and software products,and faces competition from many competitors,but maintains its competitiveness in the market by investing in technological innovation.The paper concludes that the stock market is full of opportunities and challenges.And investors need to have a certain risk awareness and long-term investment vision.The analysis provided in this paper can help different investors select stocks that suit their preferences and investment objectives.The paper uses data from Yahoo Finance and company websites to provide an overview of each company’s performance,net sales,and stock prices compare the calculation results,and then select the stocks that investors with different preferences prefer.
文摘Enterprise information Management Stratagem is the integration of the enterprise assisted management system and information system including organizational management, products research, production management, marketing. The value of the enterprise IT application is based on the embodiment of copositive benefit in the production operation and management course. The true value of the EIMS not only includes the catalogue in the enterprise operation course, but accord with the enterprise long business operation activities and enterprise value chain increment course.
文摘Value is the scale that appraises whether the comparison between a certain thing and its realization which we need to consume is rational. The paper appraises the investment value and incomes of human capital by applying value engineering method. It elaborates the investment structure and contents of human capital first, and then analyzes and summarizes various functions of enterprise's human capital. It educes the production function and the optimum equilibrium solution of human capital on this basis. Finally, it appraises the investment value of human capital by applying VE method. Thus we will apply a new method in the human capital field.
文摘By applying methods of investment appraisal, this paper offers a financial approach for determining the optimal level of segment-specific marketing activities and market development under the conditions of imperfect markets and uncertainty. Within the scope of marketing planning and controlling, the model is suited to optimizing an enterprise's market activities and taking interdependencies between market segments, production, and investments into account. Applying duality theory of linear programming allows for identifying the income determinants and deriving formulas for a correct valuation by using (corrected) net present values (NPVs). Under certain conditions, they can also be used to easily evaluate and financially interpret the effects of parameter changes. The author uses sensitivity analysis to support these findings and to obtain more information on the effects of these determinants.
基金financial support of the research project (13R21421500) sponsored by the Shanghai Science and Technology Commissionsupport from the National Natural Science Foundation of China (71272221, 71402197)supported by grants from the Shanghai College of first-class discipline in the Shanghai International Studies University,the Beijing Municipal Commission of Education "Joint Construction Project" and the Beijing Municipal Commission of Education "Pilot Reform of Accounting Discipline Clustering"
文摘Using a sample of Chinese security analysts’recommendations from 2005 to2010,we examine the source of analysts’superiority and the investment value of their recommendations.Using a calendar-time portfolio approach,we find that,on average,analysts’recommendations are valuable and that analysts are better at analyzing and transferring firm-specific information than market-wide or industry-level information.In addition,we show that the investment value of recommendations increases as firm-specific information becomes more important in stock pricing.Our empirical results are useful in guiding investors and helping brokerage houses to evaluate the output of research departments.
基金This work is supported by Post Doctor Science Foundation of China(2003034479)Natural Science Foundation of China(70671047)
文摘This article analyzes R & D investment decisions in an asymmetrical case. The investment decisions share three important characteristics. First, the investment is completely irreversible. Second, there are two kinds of uncertainties over the future returns from the investment and over technology in R & D process, respectively. Third, there is strategic competition in the asymmetrical case. This article presents the optimal investment threshold values and the optimal investment rule of high-efficient firm (leader), and shows that the investment threshold values are reduced by competition of two firms. Finally, the mixed investment strategies for two firms, the probability that each firm separately exercises the option to invest, and the probability that two firms simultaneously exercise the option are given in the paper.