Beyond Products

Now before I jump into this essay, I will first give you a background on the history of the sport. The original concept that the snowboard is based upon is the “snurfer”. Developed on Christmas Day, 1965 by Sherman Poppen in Muskegon, Michigan. In 1968, Tom Sims furthered the sport by developing the very first snowboard. Then in 1977 Jake Burton Carpenter developed the first bindings and changed the sport forever.

The physics of skiing and snowboarding are very similar. They both rely on a downwards pull from gravity. This pull is what turns the potential energy into kinetic energy. As a smooth surface (or two) pass over the snow a small amount of energy is lost to friction. The bottom of the skis or board zoom across the surface of the snow creating heat. The heat along with the weight bearing down on the snow melt some of the snow creating a film of water on the bottom of the surface. Some energy is also lost by through wind resistance of the riders silhouette.

This quality assurance was best displayed through Howard Head’s statement that attention to detail is what separates Head Ski from their competitors and that even during tough financial times, any defects or quality deviants were recalled without hesitation. Furthermore, the design of the ski is crucial to the performance of the skier and needs to take into consideration the 3 core functions of: Tracking, Traversing and Turning. Although in the early years as per Mr. Head, the main concentration was to make the best ski for the general public, by 1966, Head Ski was the top choice for performance for both, unskilled beginners and the top professional racers. This advantage in performance was prominent in a major international competition where one-third of all top 10 finishers were using Head products. Additionally, Head Ski truly believed in functionality before style. While competitors often introduced 6-8 different colours yearly for their skis, Head stuck to the basic colour of black and rarely made any model changes unless performance was lacking. The simplicity of using one colour really made Head distinctive and unique on the slopes and ultimately creating a status symbol for the brand. The emphasis on selective dealer relationships was a very strategic and distinctive strategy by Head. Many large stores were declined the opportunity to

Waking up and looking outside, the snow is several inches deep covering the grass, the street, and the snow-banks are knee high. These are the perfect conditions, for one thing, snowboarding. A snowboarder knows the prime conditions to ride and will do anything to make sure they are on the mountain ready to go when those conditions arise. In preparation for snowboarding, you’ll need to consider the temperature, where you will be riding, and what type of gear is needed for the conditions.

This would be a concern for Custom Snowboards and indicates they may not have the

a) Apply the coefficient-of-variation decision criterion to these alternatives to find out which is preferred by the angel investor, assuming that he/she is risk-averse.

Throughout time, the progression and evolution of snowboarding has increased greatly. It has gone from non existence in the late 1970’s, to one of the most watched action sports in a matter of thirty-five years. The upward takeoff and popularity of snowboarding relies on two people, Jake Burton and Shaun White. Jake Burton back in 1977 had the vision for what snowboarding would be, but Shaun White had what it took to manifest that vision. Evidence has shown that time brings change in sports, history has repeated itself with snowboarding, this history reflects the time & changes that has occurred in America.

For future designs, there are a number of things that should be considered. The apparatus should have a means to turn effectively. This was something that a design using flippers and a stomping motion could do well, because the rotation was controlled by the foot that was chosen to move in the boat. It is possible to turn the skis by lifting them partially out of the water and rotating the leg, however this is a slow turn, and requires the user to stop moving forward for the turn. If a third rope were attached between the poles, then there would be a maximum outward roll, and the ropes on the inside, in combination with the limitations of the human body create a limit on the maximum inward roll of the shoes. This would allow the user to release

1.) What are the recommended percentages of each project that HVC should fund and the net present value of the total investment?

S &A / Sales, Current Assets / Sales, and Current Liability / Sales have been adopted from previous income statements and balance sheets from 1995 to 2001. Perhaps, we can take new assumptions. Generally, the case issue is to examine if the share price of Nike is undervalue or overvalue and the common stock of Nike Inc should be added to the North

P&R Ski and Snowboard Shop sells a range of items related to skiing and snowboarding; we will also sell items suitable for

This case attempts to tackle two approaches in real asset valuation: Discounted Cash Flow (DCF) analysis and the issues surrounding such, as well as the Black-Scholes

The total amount of the investment is worth $7 million and is invested by the below parties:

After year 5, they cash flow will pick up where it left off and increase even higher until they sell the company. The IRR will be around 429%. And the value created from the small investment will be just under $45 million in only a 7 year period.

Kimi Ford is a portfolio manager at NorthPoint Group, a mutual-fund management firm. She is evaluating Nike, Inc. (“Nike”) to potentially buy shares of their stock for the fund she manages, the NorthPoint Large-Cap Fund. This fund mostly invests in Fortune 500 companies, with an emphasis on value investing. This Fund has performed well over the last 18 months despite the decline in the stock market.