Specializes in voice recognition software

Assignment Help Financial Management
Reference no: EM13909392

Voice App is a midsize software company that specializes in voice recognition software. Due to rising costs of maintaining IT technical support, your director is considering outsourcing­ your technical support services. Currently, your technical support service desk is staffed by 30 full-time and 15 part-time employees. Your director has asked you to prepare a recommendation report that includes the advantages and disadvantages of outsourcing and a cost/benefit analysis to determine if outsourcing will actually result in any significant savings for the company. For this assignment, prepare your preliminary list of the advantages and disadvantages of outsourcing for your company, including both long- and short-term consequences. Rank the advantages and disadvantages in descending order of importance. Then, in a 500-word paper, explain the research process you will undertake to complete your recommendation. Include all costs you must calculate and other data you must collect in order to make the most informed decision possible.

Reference no: EM13909392

Questions Cloud

Show that the probability that is even : Let N(t) be the number of arrivals in the interval (0, t] for a Poisson process of rate λ. Show that the probability that N(t) is even is [1 + exp(-2λt)]/2.
What is the present value of your windfall : You have just received notification that you have won the $1 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you’re around to collect), 80 years from now. What is the present value of..
A company reports the following information about its sales : A company reports the following information about its sales and its cost of sales.
The operations manager asks you to identify the ways : The Operations Manager asks you to identify the ways in which statistical quality control methods can be applied to the weights of the boxes.
Specializes in voice recognition software : Voice App is a midsize software company that specializes in voice recognition software. Due to rising costs of maintaining IT technical support, your director is considering outsourcing­ your technical support services. Include all costs you must cal..
What is the standard deviation of the rate of return : A project has a 0.76 chance of doubling your investment in a year and a 0.24 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment?
Simple interest on its savings account balances : First City Bank pays 7 percent simple interest on its savings account balances, whereas Second City Bank pays 7 percent interest compounded annually. If you made a $6,000 deposit in each bank, how much more money would you earn from your Second City ..
A jeans maker is designing a new line : A jeans maker is designing a new line of jeans called the Slims.
Discount rate-calculate the net present value and payback : Using a 4.5% discount rate, calculate the Net Present Value, Payback, Profitability Index, and IRR for each of the investment projects below (note, the inflows are for each year). Based on your calculations rank the projects and support you answer.

Reviews

Write a Review

Financial Management Questions & Answers

  What it means to perfect the banks security interest

Explain what it means to perfect the bank's security interest  in collateral. When lending to a small business owner who is an owner/ manager, what methods might the bank use to perfect its interest in the collateral of the business?

  Calculations if investors were ahead after advance or not

From October 2007 to March 2009, the market declined about 57%. It then advanced in 1 year about 69%. Determine by calculations if investors were ahead after the advance or not?

  Stock has correlation with the market

A stock has a correlation with the market of 0.64. The standard deviation of the market is 30%, and the standard deviation of the stock is 38%. What is the stock's beta?

  Current ratio-debt ratio-profit margin-total asset turnover

A company has got $500 in cash and cash equivalents, $300 in inventory and $200 in account receivables. The firm has long term assets of $500. The firm has accounts payables of $200. All other current liabilities total $400. The firm had sales of $10..

  What should be the value of this stock

The Joseph Company has a stock issue that pays a fixed dividend of $3.00 per share annually. Investors believe the nominal risk-free rate is 4 percent and that this stock should have a risk premium of 6 percent. What should be the value of this stock..

  Explain what factors are contributing to the success or lack

What kind of a merger was it? How well is it working from the perspectives of the various stockholders? As far as you are able to determine, what factors are contributing to the success or lack of it?

  Considering leasing new robotic milling control system

Your firm is considering leasing a new robotic milling control system. The lease lasts for 5 years. The lease calls for 6 payments of $300,000 per year with the first payment occurring at lease inception. The system would cost $1,050,000 to buy and w..

  The cost percentage of a new common stock issue

What is the cost percentage of a new common stock issue?

  What is implied value of each warrant

Curran Contracting is issuing new 25-year bonds that have warrants attached. If not for the attached warrants, the bonds would carry an 11% annual interest rate. However, with the warrants attached the bonds will pay an 8% annual coupon. There are 30..

  How much can he spend each year after he retires

Your older brother turned 35 today, and he is planning to save $30,000 per year for retirement, with the first deposit to be made one year from today. He will invest in a mutual fund that's expected to provide a return of 7.5% per year. He plans to r..

  Black water corp just issued zero-coupon bonds

Black water Corp just issued zero-coupon bonds with a par value of $1,000. The bond has a maturity of 25 years and a yield to maturity of 8.29%, compounded semi-annually. What is the current price of the bond?

  A rational investor be indifferent between the banks

Even if the five banks provided the same effective annual rate, would a rational investor be indifferent between the banks? Explain.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd