The four key elements of Marriotts pecuniary strategy were managing hotel assets quite an than owning, investing in go throughs with the terminal of increasing shareholder value, optimizing the workout of debt, and repurchasing their undervalued shares. Marriott Corporation relied on mensuration the opportunity cost of bang-up for investments by utilizing the concept of dull 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 flummox a k ey impact on their future monetary and oper! ating strategies. Marriott intended to continue its development at a fast pace by relying on the best opportunities arising from their lodging, bring 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 motivator compensations. Introduction: MARRIOTT INTERNATIONAL, INC. CORPORATE PROFILE...If you fatality to get a skilful essay, order it on our website: BestEssayCheap.com
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