The four key elements of Marriotts fiscal strategy were managing hotel assets quite an than owning, investing in ranges with the ending of increasing shareholder value, optimizing the workout of debt, and repurchasing their undervalued shares. Marriott Corporation relied on measuring the opportunity cost of bang-up for investments by utilizing the concept of plodding Average Cost of chief city (WACC). In April 1988, VP of project finance, Dan Cohrs suggested that the divisional hurdle rates at the company would get to a key impact on t heir future fiscal and operating strategies.! Marriott intended to continue its development at a fast pace by relying on the best opportunities arising from their lodging, fuck off services and restaurants lines of businesses. To make the company managers more(prenominal) involved in its financial strategies, Marriott also considered using the hurdle rates for determining the fillip compensations. Introduction: MARRIOTT INTERNATIONAL, INC. CORPORATE PROFILE...If you fatality to get a exuberant essay, order it on our website: BestEssayCheap.com
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