The different methods of company evaluation - Free Essay Example

Sample details Pages: 8 Words: 2441 Downloads: 4 Date added: 2017/06/26 Category Marketing Essay Level High school Tags: Investment Essay Did you like this example?   Critically review the different methods of company evaluation Valuation tools including Share Value Analysis (SVA) and the value drivers of SVA and how they are seen to drive the value of a company. In order to critically review the different types of methods of company evaluation, one must understand the meaning of company evaluation and to understand what valuation tools are available to use for example Share Value Analysis (SVA), the drivers of Share Value Analysis and how they are seen to drive the company. In order to investigate information which is needed for evaluating companies there are certain factors which need to be considered, factors which affect the value of the company and the sources of information which are needed. There are specific analysis which must be performed before a company evaluation can be determined, these are business strategy analysis, accounting analysis, financial analysis and a prospective analysis. A business strategy anal ysis is the ability to evaluate the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s present financial position and the likely performance in the future. There is the need to identify the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s position in relation to its competitors, investigate the key successes and any potential risks that will affect the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s business performance and to be able to identify how well the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s successes and risks are being managed. An accounting analysis is the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s accounting methods which can ultimately expose or obscure the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s business strategy and economics. In order for the company to do this is must judge how effectively the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s financial statements can reflect the business, and the ability to learn how to adjust any financial statements as needed. A financial analysis is the ability to evaluate the effectiveness of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s strategy, and to be able to make sound financial forecasts by examining all the cash flow measures and ratios of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s operating, financing and investment performance. The prospective analysis is the knowledge of how the company is performing and how it will perform in future markets which is the key to business decisions. A company evaluation is the process and procedures used to approximation the economic value of the company. A valuation of the company is used to determine the price by which they are willing to either pay or to receive to complete the sale of a business. Documents which are usually required to determine the company evaluation are the accounting documents à ¢Ã¢â€š ¬Ã¢â‚¬Å" income statements, balance sheets, cash flows and annual reports etc. Depending on what kind of requirements are needed, there are several methods which can be used, discounted cash flow, net assets, peer comparison and the estimated liquidation value. The company valuation process starts with a tho rough definition of the company in questions activity, i.e. where sales have been achieved, the different criteria a competitor/ potential buyer will take into consideration during the valuation process. There are, of course, several factors which come to the forefront when looking at the accuracy of these figures and of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s past activity. These questions include are the figures are realisable to give the company a true evaluation. There has been a move away from accounting practices as company evaluations become more independent. There is a difference between the accounting approach and the marketing approach in that the accounting approach of company evaluation in that it is past orientated and the value is high earnings related. There are other factors which need to be considered aside from the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s earnings related monetary value. There is also the need to take into account several factors such as insufficient profit indicat ors, research and development expenditures, goodwill that the company has acquired. There is also the legitimisation of the accounting statements in regards to what is actually to the stakeholders, management and investors, that there may be different versions depending on the stake that it held in the company. There are several methods of company evaluation available, due to different accounting systems applying different categories. One of the most popular methods of evaluation is discounted cash flow, which according to discounted cash flow the value is the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s total earnings in cash that a company realises in its business activity during the long term operation. The company value is then the discounted value of the expected future cash flow. There are disadvantages of this system it can only be successfully applied when the company is operating in a stable economic environment and if it is in the adulthood of its life cycle as in the introduction phase it has no real forecasting basis. As in the first year of operation, most companies make losses rather than gains. In a stable environment, cash flow can be forecasted almost exactly. If however the company is situated within a dynamic environment it is impossible to use this method of discounted cash flow as it is near impossible to determine any potential revenue or cash flow. Valuation with multiplication indicators is based on the comparison of company indicators. Price/ Earnings (P/E), Price/ Sales (P/S), P/EBIT, P/EBITDA are the most widely used indicators. These indicators are easy to get access to if the company is listed on the Stock Exchange, but if the company is not listed, average indicators of listed companies from the same sectors are taken into account. Again there are disadvantages to this system, this method can be applied on a developed capital market where the average indicators of a lot of companies have been identified for some time and can be used as multip liers. The multiplication evaluation cannot be used if the company starts its operation on a completely new business model and if there are no other companies with a similar profit structure on the market. Economic Value Added (EVA) is the net operating profit less adjusted taxes. The main advantage of Economic Value Added is it takes into relation the opportunity of the costs of capital. This method is when a certain amount of capital is invested with a particular aim to the investment, the returns are lost which could have been realised and they could have been invested in something else. The conditions of profitability are not meet by the revenues which exceed the expenditures. The most important factor in this method is the cost of the invested capital has to meet the return objectives and these are not taken into account. The Economic Value Added method has become one of the main methods in monitoring the birth of Shareholder value. The Economic Value Added is the measure of the value a company has created for itself over a period of time and is very closely linked with Discounted Cash Flows. The disadvantages to this method, like discounted cash flows, is in the accounting. Share/ Shareholder Value Analysis (SVA) is the full revenue to shareholders in both dividends and share price growth, calculated as the present value of future cash flows of the business, discounted at the cost of capital of the business less the market value of its debt. Shareholder value theory is setting an objective which can be achieved through the interests of other stakeholders, there is the need to ensure the long term satisfaction of creditors, suppliers, consumers and employees. In the centralisation of this theory lies the interests collectively of all stakeholders. There is only one condition that the stakeholders are satisfied and with this the main goal of the company is to reach the stakeholders goals. Company value can be increased only if the interests of the s hareholders and stakeholders are taken into account. The new standard in company evaluation is Shareholder Value Analysis (SVA) due to the increasing realisation of the defects of conventional accounting. Accounting practices give confidence to a short term view of the business and company evaluation. It also encourages under investment and accounting practice only seems to concentrate on tangible assets. Shareholder Value Analysis can avoid this bias performed by the accounting practice but to achieve the Shareholder Value Analysis potential there needs to be some sort of marketing in order for it to make a viable contribution to the company strategy. The principle behind Shareholder Value Analysis is that the company/ business should be run in such a way that it maximises the return on the shareholders investments. It is a tool used for calculating the Shareholder Value Analysis from any given investment, profit and growth projections which have been made. As Shareholder Val ue Analysis does not tell managers how to work out strategies, and that is why a marketing strategy is needed. The main purpose behind Shareholder Value Analysis is that the economic value is created only when the company earns a return on investment which exceeds the cost of capital. Without any kind of unique advantage , the competition will end up driving the cost of capital down, so creating a Shareholder Value Analysis is about building a sustainable competitive advantage. . Whereas marketing provides the tools and encourages Shareholder Value Analysis to be growth orientated and dynamic rather than how it would not exist without a marketing strategy except as a static tool which focuses on ways to reduce costs and assets. Within the marketing strategy, Shareholder Evaluation only provides answers for evaluating company options and decision making options. Shareholder Value Analysis is used to calculate the total value of a strategy by discounting cash flows. With discountin g it reflects that there is a time value on money and because money can earn interest then the same amount received last year is worth more in the future. It is self interest which increasingly puts pressure on the company to maximise their shareholder value. There are financial value drivers associated with Shareholder Value Analysis and the marketing process is seen to influence these. Firstly, the anticipated level of operating cash flow à ¢Ã¢â€š ¬Ã¢â‚¬Å" the greater future free cash flow anticipated the greater the return for the shareholders. Second, the anticipated timing of cash flow à ¢Ã¢â€š ¬Ã¢â‚¬Å" cash received today has more worth than cash received tomorrow so the cash flow is penetrated into the market earlier to positively generate more value. Thirdly, the anticipated sustainability of the cash flow à ¢Ã¢â€š ¬Ã¢â‚¬Å" the more lasting the cash flow, the greater the value which is created. And finally, the anticipated riskiness of future cash flow à ¢Ã¢â€š ¬Ã¢â‚¬ Å" the greater the perceived volatility and vulnerability of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s cash flow, the higher the cost of capital is to be used to discount the return for the shareholders. When it has been justified that a company value has been determined, there are several factors which should be taken into account besides the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s revenue creating ability. Apart from current company investments for creating values, there are factors such as expected potential investments, cash flow and other opportunities for growth. A companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s valuation can also be due to its possession of assets which can sooner or later produce free cash flow but also so that in the future it will be able to obtain them. There are various differences between market value and book value. To obtain assets recorded in the balance sheet may cost more than their book value. Assets should be sold independently and should not be shown in the accounting statements as t hey represent value for the company i.e. its own name or brand e.g. Coca Cola etc. The synergy effects of resource combinations adds value to the company à ¢Ã¢â€š ¬Ã¢â‚¬Å" the employees etc and they are not a separate entity in the balance sheet or accounting statements. The company should be able to make use of the creative value of the functional areas e.g. trademarks, brand names, patents and business secrets. There are also the market forces to consider i.e. the size of the market, market share, market growth etc. Other factors which need to be considered are life cycle, driving forces, core competences, restrictions on entering the market etc. The features of the country the company is in is another big factor and a company should perform a PEST(LE) to assess the political stability, regional position, technological development within the country, economic situation of the country, and cultural development among others. There human resource organisation is also of importanc e to the company evaluation e.g. cultural motivation, intellectual capital, creativity of the company, business relationships, goodwill etc. The workforce and organisation is full of contradictions in that there are labour related costs but also this labour can influence performance. Employees are knowledge and help with the running of the business through this knowledge and abilities in return for motivation, financial security from the company. With motivation and satisfaction comes loyalty and commitment from the employee. Loyalty creates value, this includes loyalty from the employee, customers and partners as well as the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s investors which can equal higher productivity, cost advantage and profit and growth. Business relationships are also important in creating value. Social and economic dimensions play a part in this. The evaluation of these business relationships depends on if the relationship is described as important or less important, and in ce rtain business sectors there is an emphasis on personal relationships because of competition in personal relationships as well. Performance evaluation is also an important factor as this provides important information for the company evaluation. The analysis framework for the performance evaluation is, orientation which is controlling, reporting and feedback, the second is balance which is the content and information available, and thirdly, consistency which is the strategic links as well as the harmony between application and importance. Performance measurements should provide the company with information supporting the decision making process and to ensure feedback. It is also important to understand what kind of information the company collects and on what. The source of the information and its character are important factors. In order to critically review the different methods of company evaluation, a number of issues needed to be investigated. What is company evaluation a nd how is it perceived. Another question which was examined is the valuation tools involved in a company evaluation. These included a number of factors à ¢Ã¢â€š ¬Ã¢â‚¬Å" discounted cash flows, Economic Value Added (EVA) and valuation with multiplication indicators. From this came Share/ Shareholder Value Analysis (SVA), their drivers and how they are seen to drive the value of a company. These are all very important factors when evaluating a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s worth and to how that evaluation is perceived through a number of factors produced both by internal and external factors. Bibliography Doyle, P., (2000) Value-Based Marketing: Marketing Strategies for Corporate growth and Shareholder Value, Wiley, New York Thierauf, R.J., (1980) Management Auditing: A Questioning Approach, AMACOM, New York 1 Don’t waste time! Our writers will create an original "The different methods of company evaluation" essay for you Create order

The World Without The Internet - 888 Words

In today’s technology driven world, it’s almost impossible to imagine the world without the Internet and its numerous benefits. It has become the platform for almost every field imaginable like business education, entertainment, communication, etc. The internet is everything Past, Present and Future.1 It has empowered us to exchange data, opinions and news across the continents. As per internetlivestats, there are approximately 3,207,910,219 internet users across the globe which is almost 45% of entire world’s population. The internet has increased the reach of an individual by breaking all kinds of social, political, cultural, economical barriers and therefore, opening doors to wide stores of knowledge.2 Gradually Internet has taken the form a giant Organic System. 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Technology and management functions Free Essays

Introduction Any hospital, whether public or private, requires a clear and comprehensive system of management that will enhance the quality of all organizational initiatives. As with any other type of organization, a hospital must be able to handle tactical and strategic issues, and to guarantee smooth operation and continuity of all business processes. At the age of technological advancement, technology determines the quality, speed, and cost-effectiveness of organizational decision-making. We will write a custom essay sample on Technology and management functions or any similar topic only for you Order Now That is why the development and implementation of integrated IT frameworks is the key to a better quality of all planning, organizing, directing, and controlling processes that take place within a highly complicated clinical environment. Planning Planning is â€Å"unending course of action† (Buzzle, 2008). The hospital I used to work at was trying to enhance the quality of all planning processes by using an Executive Integrated System (EIS), where budgeting tasks were reasonably combined with other key management functions. The hospital had successfully launched an effective software system, to provide managers with objective financial information and to eliminate wasteful paper-based operations. The system made it possible to track and manage medical order supplies, to evaluate the cost-effectiveness of all medical services, and to address spend management issues. Fully automated reports contained brief critical information with regard to costs and productivity indices for a given period of time. The previous information system had failed to deliver information in a usable form; very often, the needed information had been delivered too late. The newly launched EIS was efficient in a sense that it provided real-time information and maintained flexible approaches to planning (Keegan Baldwin, 1992). Any changes in financial or strategic management data were immediately reflected and delivered to the hospital’s management, with the latter being able to timely respond to the emerging issues. Organizing Objectively, â€Å"management must organize all its resources well before in hand to put into practice the course of action to decide that has been planned in the base function† (Buzzle, 2008). In hospital, organizing is probably the most complex and the most responsible management mission, which requires using a well-developed system of software solutions and maintaining reasonable combination of electronic and manual organizing procedures. The use of wireless communication systems has become the critical factor leading the hospital to total care quality standards. The introduction of bar coding for all medication items, the use of laptop computers at the bedside, and a new advanced paging system were aimed at providing employees with a better understanding of their responsibilities and tasks. However, despite the visible effectiveness of all these organizing solutions, hospital’s personnel were largely unprepared to using advanced technologies in the workplace, and only with time, all administration and business organization processes have been harmonized to serve the needs of patients. By using the new wireless system of communication, the hospital’s management has finally achieved the five major goals of the organizing process, including the effective division of labor, staff positioning, reasonable departmentalization, delegation, and equalizing the power. Directing Although organizing is the most responsible of all management functions, it loses its relevance, if organizations cannot direct and motivate their employees. Our hospital had initially been trying to change the traditional vision of health care management, and to make the directing function of management â€Å"more technological†. It should be noted, that a hospital usually resembles a kind of a virtual team, where team members are scattered across different physical locations but need to maintain continuous intrapersonal relationships. At our hospital, voice conferences were used as the means of synchronous communication between different hospital departments. Voice conferencing was chosen as the communication tool, which did not distract employees from their direct functions, but could be used to ensure that all of them understood the hospital’s strategic goals. Emails and written documentation were used to enhance the quality of virtual communication with employees and between employees and the senior hospital’s management. Unfortunately, technology could not resolve all directing issues; very often, employees needed face-to-face consultations to establish credibility of their organizational efforts. However, with time voice conferences have substantially changed the quality of employee relations at workplace, providing management with an effective real-time tool for directing and motivating medical personnel. Controlling Controlling is the last out of four functions of management, which â€Å"includes establishing performance standards which are of course based on the company’s objectives† (Buzzle, 2008). In case of the hospital, controlling was used to evaluate employee performance by means of several automated performance appraisal systems in the workplace. As a result of technologies implementation, the time allowed for the completion of performance evaluation forms was dramatically reduced; the hospital’s management was given an opportunity to manage workflows and to track the progress of the performance evaluation process. Although the majority of medical personnel needed time to learn additional technical skills, the system has significantly improved the quality of all business processes within the controlling area. Technology has proved to be an excellent tool of developing cohesive relationships between employees, as well as between employees and the senior management, and has finally created a technologically enhanced management environment across all hospital departments. Conclusion The use of reliable technological solutions is the key to developing and implementing an effective management system in a highly complicated hospital setting. With the use of budgeting solutions, automated organizing techniques, voice conferences and performance appraisal strategies, a hospital is likely to turn into a technologically advanced, and as a result, a highly organized system of employee interrelationships, which in turn substantially improve the quality of medical services delivered by the hospital to all groups of patients. References Buzzle. (2008). Management concepts – the four functions of management. Buzzle.com. Retrieved January 16, 2009 from http://www.buzzle.com/articles/management-concepts-the-four-functions-of-management.html Keegan, A.J. Baldwin, B. (1992). EIS: a better way to view hospital trends – executive information systems. Healthcare Financial Management. Retrieved January 16, 2009 from http://findarticles.com/p/articles/mi_m3257/is_n11_v46/ai_14176789/pg_3?tag=artBody;col1 How to cite Technology and management functions, Essay examples Technology and Management Functions Free Essays The diversely changing business environment has called upon strong models of technological outfit which address the core competencies with which organizations thrive on. Generally, the competitive advantage of the modern organization has only been possible pursuit to the advancement in the technological growth which has consequently helped to streamline the core organizational functions with their goals and objectives. Principally, technology has been of importance in aligning the core management functions towards a resting point of productive layout which gives such an organization adequate stepping stones towards which they can explore the proactive business opportunities within the highly competitive business environment. We will write a custom essay sample on Technology and Management Functions or any similar topic only for you Order Now My organization has indeed rested upon strong technological proximities as a tool for organizational governance based on adequacy in approach of the basic core management functions. This is to imply that, technology has been used as a good source of organizational competence with which my company leverages on, providing it with a long lasting solution for competitive advantage. The technological component within my organization therefore has been a compound of various technological outfits which have been described as inherent in the modern business world in providing functionality, systems design, management and operational ability for the various activities and processes within the organization. Technological has not only been inherent subject to the use and employment of machines and tools, but also the use of intangible technologies and process that help to provide a continuous co-ordination of the day to day organizational activities within the organization as well as with the external stakeholders of the company (Dibrell, Craig, 2008). Various strategic and managerial issues have thus arisen from the same technological development. This has been leveled from the fact that technological development within the organization provide candid grounds with which the management can spearhead various managerial process aimed at strengthening the core management functions as well as other strategic ideologies that arise as a   result of development in technology. Conceptually, technology has continued to play wide range of importance in our organization, bringing into a close realization the core management functions with the expected strategic models of the company. Just to mention, the four management functions which are organizing, controlling, planning and leading, have all been subject to various technological implications. Adequacy in the functionality of the four has been provided by the interactive phenomenon between each and at least a specific technological component, which help in information dissemination and coordination across all the organizational components. An important facet of technology within my organization has been that of information technology, with which classically wide array of communication framework across the different organizational components has been necessitated (Lee, Tseng, 2009). Development and investment in business technology within my organization, that runs from simple mobile phone technology, to other information exchange and core production technological tools has been perhaps the building block of our current state of competence in the business environment that uses various operational advantages to address its needs within its approach. Business technology has been the corner stone with which my organization continues to embrace a widely classified competitive advantage from its operational symmetry classified with various advantages. Of importance also has been the investment in digital technology with which the organization uses to channel most of its activities and process through. The step towards management in business technology has thus helped my organization in unifying management and growth in technology towards a center stage of optimal decision making and attempt to build a long lasting spirit of the entrepreneurial motive. The quest for technology within my organization has rested on multiple of provisions which include software development, solution in communicating networking, maintenance in computer hardware, technical support systems and the diverse development in the productive technology of the organization. Reliance in computing and other computer related technological components have helped in giving a motive of strong reliance with which my organization can achieve its broad productive mission. By and large, technology has by far helped to address the organizational needs not only by providing an arms length with which the various management functions can continuously integrate with each other, but also from the managerial perspective of comparative advantages it provides to the organization. Just to mention, advancement and investment in technology has provided various statutory benefits and implications for the organization. One, technology has been the basic tool with which my organization can undertake its processes and activities in a fast and speedy manner. This has also been doubled with high quality and quantity in output thus meeting the organizational objectives of competitive advantages (Dibrell, Craig, 2008). The use of computer and other technological devices for organizational production has been helpful in providing grounds with which activities can be done in fast and speedy manner. Deliveries and consignments have been able to be provided within their prescribed time frames. Technology has also been a cornerstone for which efficiency can be increased in all organizational undertakings. Efficiency in this perspective has been an importance hallmark with which logistic models that provide competitive advantage for the organization can be enhanced. My organization has thus been able to change and respond instantaneously to various business demands and expectations which foster optimal executions of their activities. Bias to informational technology for example, data can be stored in various formats which can be explored in a fast and efficient manner to bring about the need for corporate efficiency. Of importance also is the need for multi-tasking with which my organization has been able to embrace adequately subject to the investment in various technological provisions.   For, example, the use of computer and other computer related tools has enabled various persons at different levels of managerial components to perform different tasks at the same time. Multi-tasking within my organization has been one of the important attributes which help to provide optimal resource functionality. Additionally, technology within my organization has been perhaps the most important sediments and a path towards which cost precept can be internalized. The use of a wide framework of technology both in the computing, information technology and the productive process has been important in safeguarding the cost intercept of the organization (Lee, Tseng, 2009). Both information technology management and business process management have leveraged their axes on the importance of technology as a quest with which the organization can meet its productive layout without much difficult. Summarily therefore, business technology within my organization has thus been used as the core tool for improving communication as well as maximizing the efficiency component within the work place. The company has continuously used structural components of information technology as the main tool with which it can achieve classically various advantages in its productive framework.   It has seldom been able to align its strategic goals and objectives with its various managerial functions. A realized relationship has been achieved between the four levels of management subject to the use of technology as the core model with which it can address its wide array of its activities. Reference Dibrell, C. Craig, J. (2008). â€Å"Fueling Innovation through Information Technology in SMEs† Journal of Small Business Management, Vol.46, pp.67-79 Lee, Y. Tseng, H. (2009). â€Å"Exploring the Relationship between Information technology Adoption and Business Process Reengineering† Journal of Management and Organization, Vol.15, pp.1-18 How to cite Technology and Management Functions, Essay examples

Comparing the Classical and Baroque Eras of Music free essay sample

Music From the sasss through the offs, two distinct forms of musical composition and periods came Into play that would change the way the world looked at musical performance In all Its revelations. Baroque music displayed music that expressed drama, expression of self and talent in retrospect to the way church felt had previously felt about in the medieval era of thinking. The form of Classical era music that began to engulf much of western Europe gave the spectator a sense of a wide emotional spectrum to feel as the instrumentation made its way among staff taxation, Orchestra, etc.Although both had similarities and differences, one must take a closer look at two important composers of both periods to gain a grasp on the individual notions of each and how they helped to drive the periods. The Brandenburg Concerto no. 5 in D Major, a piece by Johann Sebastian Bach (1685-1750), was part of a larger series called the The Brandenburg Concertos. We will write a custom essay sample on Comparing the Classical and Baroque Eras of Music or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This series was given as a gift to the Marriage of Brandenburg-Eschewed.This particular piece was of great Importance to the Baroque style, expressing very dramatic tones and shifts In orchestra. The entire piece consisted of flutes, violins, strings, and the harpsichord, a primitive piano that played a very supporting and above all else a concerti piece that seemed to unify the piece as a whole. The repetition of the piece is in a concerto gross format, consisting of a Tutu-Concerti-Tutu, where the song continuously traverses from a mezzo-piano to a fortissimo, with the Harpsichord as the strongest appearance.The texture and harmonic features of this piece is the dominant function of the D-MaJor with 8 and 16 note appearances, and coupled with rhythm of high pitch tones to a very strong finish help to make this composition a very influential addition to popular orchestrations in the Baroque period. Plano Concerto no. 23 In A Major, a composition by Wolfgang Amadeus Mozart (1756-Bibb exclusively published around the same time as his greater play, The Marriage of Figaro, to gain greater publicity.Mozart compositions helped to move the classical period to new heights, especially with the production of this great orchestra, consisting of one flute, two clarinets, two bassoons, two horns, and strings, along with piano. There was a great performance with the piano as the supporti ng function of the orchestra, and a repetition of a allegro in A-Major, an Andante in F-Sharp, and Presto in A finishing the piece. Throughout the composition, a soft tone could be heard that kept an almost fixed dynamic all throughout the piece, and was accompanied by 6/8 notes hidden within the sounds of the instruments. As for the melody of the piece, the first section was melancholic with a positive feel about it while the second part also portrayed a melancholic but opera type tone among the Instruments. The third part presented a very strong and cheerful melody that gave spectators a sense of happiness and excitement that was typical of the Classical period. The evolution from the Baroque period Into the Classical period was filled from the enlightenment and reformations that were taking place at the time.The Baroque started with an equal footing of both secular and religious works of music, unlike the earlier religious restrictions from the church. Individuals of that period began to pursue expressive ideas of creativity that was not monitored by any particular institution or class, and this gave music the dramatic and emotional cockade that individuals craved during this period, which gave rise to concerto gross. This form of musical individuality allowed a small group of performers to give dra matic displays of musical excellence for those willing to hear such a refined and sophisticated sound.As the period progressed however, more people began to want style, and performances based upon talent of the individual rather than the group, and so concerto came into the scene. A Concerto is the individual that performs one solo instrument in a talented and refined way to give the crowd the moment of aromatic expression, a moment when they are placed on the edge of their seats in anticipation. This became the classical period, a time of Greek revival of arts, sciences, and luxurious styles, architecture, and appeal.In both compositions produced by Bach and Mozart, there are a few similarities and differences, mainly because the classical period and baroque period intertwined within itself at certain periods in time. The similarities can be seen if one looks close enough, as the instruments used during both compositions are the same except for the harpsichord f Bachs piece, although the Piano, clarinets, bassoons and horns of Mozart piece Newer added as Classical technology began to succeed the baroque period.It seems as though Bachs piece gave a soft to intense moment at any given time, while Mozart tended to express softer tones throughout his composition s. In terms of Bachs concerto gross, the reader needs to understand the Baroque style that the elite Noshed to hear smaller groups performing to refined tastes and did not want to hear one particular sound at that time. As the classical period aged, Mozart concerto took old, in which large scale audiences wished to see talent as it was meant to be heard, alone over a group of instruments that would simply drown out the talented individuals sound. In my view of Bachs work of musical genius, I could relate to the dramatic tone that the work entailed, mainly because of my lifes eventful days. The music itself offered me a sense of relaxation but with a sense of productive thought that gave rise to some of my creative writings in the past as well. I thought the sounds of the combined orchestra with the flutes and harpsichord in general gave he emotional attachment that I would look for with a mellow chord presentation and loud renditions of the flute.The slow increase from mellow to dramatic form with the solo of the harpsichord gave a very intense moment that I could truly feel and almost touch. In terms of Mozart piece, the emotional detail for me personally was much different, although I thought of his composition Just as highly. I personally felt much at ease with his music, but almost with a sense of not depression, rather a sense of the outside looking in at the world at large. The piano truly gave this composition the purp orting role to move the emotional sense of the spectator such as myself. Overall, would have to choose Mozart as my favorite among the two, only because for a musician to make the spectator think of the world as a whole rather than taking them Into the heat of human dilemma and actions. It was once said that an average looked out and said, I wonder how God created the universe. This is the same with Bach, who looked to find human emotion through the dramatic style of the Baroque period, while Mozart simply wanted to find the finesse and balance of the world through the Classical Period.