The main dangers of using mergers or acquisitions as a form of market Essay

The main dangers of using mergers or acquisitions as a form of market entry - Essay Example Mergers or acquisitions may be defined as an aspect of corporate finance or strategy and management that involves buying, selling and combination of various companies.The objective of combining is to finance or assist a company that is growing to grow fast without forming another business entity. The two terms have a slight difference, on one hand, acquisition may refer to a company taking over another and establishing itself as a new owner. On the other hand, merger occurs when two companies agree to operate as one new company. As suggested by Turner and Johnson (2010), in both cases, that is merger and acquisition the outcome is that one company swallows another and operates as one. For instance in 1999, Glaxo Wellcome merged with SmithKline Beecham creating GlaxoSmithKline as a new company. Practically, equal mergers do not often happen, in most cases a company purchases another and allows it claim that it was equal merger, despite the fact of it being technically acquisition. How ever merges or acquisitions are said to have several risks when used as the entry to the market. Mergers and acquisitions have the tendency of destroying continuity of leadership in the particular company’s management. This might happen for even over a decade since the starting of the deal. Studies have shown that the targeted companies may lose about twenty percent of their executives prior the acquisition. Mergers and acquisitions in most cases create problems in the brand. ... The issue different consumer preferences may also be endangered by M&A. This occurs when upcoming company chooses to change the products. Changes may also occur in terms of price of product. One of the motives of M&A is to make the prices higher hence maximizing profits. The risk involved is that the consumer may change their attitude and fall to consume the products. This in turn endangers the growth of the company. The resulting company is faced with the risk of operation after the transaction as suggested by Segal-Horn and Faulkner (2010). For instance the personnel management may become slow because it is either new employees are incorporated or the existing ones become overloaded. The personnel department usually takes long to adapt to the changes thus proofing a slow growth in the progress of the new business. The effect on personnel therefore makes market entry not to be effective. The management of information and risks is also dangerous factor in M&A. The previous ways of tr ansferring information may seem difficulty as a result of new workers or overload. The resulting company may become exposed to many risks due to the merger whilst the method of managing them may take long to devise. The cost of risk management may also be high at the time of market entry. This is dangerous because at this time the company is still trying to cope with the current situation. According to Deresky (2003), cultural differences and barriers proof to be dangerous to M&A in market entry. For instance, the lack of knowledge about the resulting market may be a danger to the resulting company or firm. The market may respond negatively to the merger thus result to poor sales. This will cost a lot to the new company as one of the merger

Value line publishing Essay Example for Free

Value line publishing Essay

Individual & Society: Stalin ~ Hitler ~ Mussolini Essay -- Essays Pape

Individual & Society: Stalin ~ Hitler ~ Mussolini The relationship between the individual and society in Europe in the early 20th century, as it pertained to Fascism, Nazism, and Totalitarianism, was based primarily on the fact that there was no individual in the eyes of the state. Individual liberties and expressions were eliminated in order to improve the welfare of the country. Leaders taught conventional ideals and murdered enemies, so as to create one state, composed of individuals whose lives were involuntarily centered around the creation of that State. In 1922, Vladimir Lenin, the leader of the Russian Communist party, suffered the first of many strokes that would relieve him of his authority. After leading the Bolshevik revolution of 1917, Lenin had established Communism to reinstate order in the crumbling Russia and protect the rights of the oppressed proletariat. He believed that, only in a Communist society, "'the state ceases to exist,' and 'it becomes possible to speak of freedom.'"1 Lenin stood by the idea that Communism would "render the state absolutely unnecessary" because "no one in the sense of a class" would be suppressed.2 Lenin's successor, Josef Stalin, took the elimination of proletarian suppression to extremes. Stalin and Leon Trotsky-who was with Lenin in forming the Russian Revolution and led the Red Army in the Civil War of 1918-vied for leadership of the Communist party after Lenin's stroke. Although Trotsky seemed to be the inevitable successor, Stalin's status as general secretary of the Communist party gave him "control over the administrative levers of the party" and "allowed him to eliminate all rivals."3 Stalin relieved Trotsky of his authority in the Communist party and exiled him t... ...e Hall, 1996), 263. 2. Ibid., p. 264. 3. Ibid., p. 266. 4. Ibid., p. 267. 5. Ibid., p. 272. 6. Ibid. 7. Ibid., p. 279. 8. Ibid. 9. Ibid., p. 283. 10. Ibid., p. 284. 11. Donald Kagan, et al, The Western Heritage, Brief Edition, Volume II, Since 1715 (Upper Saddle River, NJ: Prentice Hall, 1996), 644. 12. Ibid., p. 646. 13. Perry M. Rogers, Aspects of Western Civilization: Problems and Sources in History. (Upper Saddle River, New Jersey: Prentice Hall, 1996), 300-301. 14. Ibid., p. 301. 15. Ibid. 16. Ibid. 17. Donald Kagan, et al, The Western Heritage, Brief Edition, Volume II, Since 1715 (Upper Saddle River, NJ: Prentice Hall, 1996), 653. 18. Perry M. Rogers, Aspects of Western Civilization: Problems and Sources in History. (Upper Saddle River, New Jersey: Prentice Hall, 1996), 316. 19. Ibid., p. 328.

Changing Strategy of General Motors Essay

General Motors Company, commonly known as GM (listed General Motors Corporation before 2009), is an American multinational automotive corporation headquartered in Detroit, Michigan, and the world’s largest automaker, by vehicle unit sales, in 2011.Earlier GM used to dump their old and unsold models into developing countries and they used to neglect markets in developing nations thinking that they are not profitable, and also they don’t have any R&D centres outside Detroit, US. So there is no way of new innovative models entering into developing markets. But now they slowly started penetrating developing nation markets by introducing their new models in those markets as there are huge untapped potential customers. Automotive Industry Analysis using porter’s five forces model: 1) Threat of New Entrants: The threat of new entrants is very low in the automobile industry. The industry is very mature and it has successfully reached economies of scale. In order to compete in this industry a manufacturer must be able to achieve economies of scale. 2) Threat of Substitute Products: There are no direct substitutes for automobiles. 3) Bargaining Power of Suppliers: The bargaining power of suppliers is very low in the automobile industry. There are so many parts that are used to produce an automobile, that it takes many suppliers to accomplish this. When there are many suppliers in an industry, they do not have much power. 4) Bargaining Power of Buyers: The bargaining power of the buyers is moderately high. The buyers being consumers purchase almost all of the industries output. The manufacturers depend on them to stay in business. The buyers also are a significant portion of the industries revenue. If they cannot keep their buyers happy then they risk losing them to their competitors . 5) Competition among rivalries: Rivalry among the competitors is very strong in this industry. The major competitors are so closely balanced that it increases the rivalry. In order to gain market share in the automobile must gain market share by taking it from their competitors. One of the other reasons there is such high rivalry is that there is a lack of differentiation opportunities. Strengths of GM: They include the high brand image and its worldwide presence of being one of the biggest automotive industries. Weakness of GM: * Diminishing Dealer Network. * Working capital is going down because of low sales volume and it led to negative effect on R&D. And also suppliers are losing their trust. * Inadequate performance among some business segments and low debt ratings are other weaknesses. Strategies of GM in Future: 1) As I mentioned above they will be concentrating on developing nations where there is huge untapped potential customers, which will help their situation which includes them in further growth and improved financial situation. 2) They will leave behind their Detroit centric view and try to change according to the changes in the Automobile Industry. 3) Try more to invest in R&D so that they will have a competitive advantage in future. References: www.gm.com/ www.wikipedia.com/ International Business Competing in the Global Marketplace Charles WL Hill Arun K Jain

Promote Person Centred Approaches Essay

1.1 Person centred planning (PCP) should encompass every aspect of a service users support. Effective PCP is designed to ensure that the individual’s needs are always central when creating an effective support plan. Aspects such as an individuals goals, history, communication requirements, likes, dislikes and personal preferences should all be dutifully incorporated to create a fair, effective and unique care plan. For example, we have to respect the choices of the User. If the spiritual believes could appear not adequate for us, doesn’t mean that we are right and they are wrong. We need to do everything we can for help to promote adequate and good care for this user respecting their choices, independence and privacy. 1.2 The Care Plan is our bible. It provide all the information we need to provide the care  that the Users desire. The person is at the centre of our work, this mean we need plan and let the person to maintain their independent. Care Plans need to be review regularly to fulfil the individuals needs. Using effective care plans that apply person centres values provides the service user the chance to create a plan that it directly linked to their values and needs. Nobody likes to feel as though a generic method of care is applied when considering his or her support needs. Everyone is unique with requirements that relate exclusively to them 2.3 It is important to remain flexible when considering a service users support needs. An individual will always be changing and growing so it is important that this is reflected within their care plan. For example when I have previously supported NP goals relating to his ability to gain confidence whilst walking outside had to be met in a way that made the goal attainable. At first a goal of independent walking had been included within his IPP however any strict detail as to why and how this were to be most effectively achieved had to be assessed whilst communicating with him during our 1:1 support sessions. It turned out hat this goal was advised so that he could gain the confidence to go to work independently  without the need to get a life from his relative. As we would commonly visit the supermarket we created a method whereby the journey to the local supermarket was broken into segments where he would walk independently, slowly managing a further and further distance each week. Had I said that he should walk the entire journey by himself without breaking it down into manageable steps this goal would have not been completed. Therefore the effective completion of this goal was only attained through the needs of the individual being met on a personal level. 3.1 Mental capacity can be a complicated and ever adapting benchmark when assessing a person’s ability to do what is best for themselves. People must always be allowed to make mistakes as this will always be an inalienable human right of any individual. Ensuring that people do not put themselves or anyone else in direct  and immediate danger is the reason behind why the mental capacity act has been created. Factors such as anxiety and tiredness can affect an individuals ability to express consent which is reflective of their true needs. When a care plan is created it is always best to do it at a time and place where a service user feels relaxed and able to express their needs in a manner that is in alignment with their true feelings. For example at time times when I have supported ES he has been unable to convey a true account of his feelings due to being anxious at the time. If this is the case it is best for ES to spend some time doing relaxation exercises so that he can effectively participate in the design of his IPP. 3.3 For example when we admin Medications Stop any other activities we are doing, check and read all the information we have (care plan, MAR chart, blister pack †¦ ) Log in the LogBook. If anything happen, report immediately to line manager, inform the user and report it in the LogBook. If consent cannot be readily established an assessment of the persons capacity would need to be carried out. Firstly it would have to be considered that the individual understands what they are being asked to do, why they are being asked to do it and to what the concequences of their  choices may be. It is worth considering if they are relaxed, tired or preoccupied at this time. It can be beneficial to implement relaxation exercises to try and calm down a service user or even getting in touch with their family to ensure that their needs are fully met. If they are putting themselves or anyone else in immediate danger it can at points be necessary to contact emergency services depending on the severity of the situation. However this should always remain a the last option available when trying to diffuse a situation. 4.1 Encouraging people to do as much as possible for themselves , settings goals and task. Listening and acknowledging someone strengths and weakness. Allow individuals time to think and evolve in what they want to do. Recognising achievements however big or small they have made. If they cannot understand or make decisions by their self, the next of kin will be informed and asked. The order usually is spouses, parents, children (this may change) 5.3 Risk assessments are a vital part to an individuals care plan. It ensures that they will not be putting themselves or anyone else in danger. Whilst being an important part of any care plan they should remain as non invasive as possible to ensure that a service users retains the right to make their own choices. Certain risk assessments will contain a higher risk factor than others. It is when risks such as crossing road in a dangerous manner are enacted that the service users choice can become secondary to the fact that they are putting themselves in immediate danger. Risk factors such as ones that relate to dietary factors often have a smaller risk factor making it more possible to fully involve the service user in the decision making process when trying to effectively manage the risk in question. 5.4 Ensuring they have the correct information and know when these decision were made on their behalf. Inform them of the rights that they have. Assisting on searching of more information which that may help them make their decisions. If they would  like to make a complaint, inform them the Company policy and help them in  making the complaint if necessarily 6.1 : Personal Identity is the way we see our self and is related to our self image. This is important because it we will affect the way we feel about our self ( self esteem ) Personal Identity includes: Who we are What make us unique What are our values Physical identity Internal Identity Personals Goals 6.2 Those can be very different for different reasons but everyone can reach a good level of fulfilment. For someone could be physical or mental health. Is important that everyone knows this fact because will improve well-being and therefore our level or care. For example one person is important be eating a health meal or for another is not important. Or for an individual is important go to church but for other is more appealing watching a TV show. 6.3 When supporting an individual it is important to make sure that you can meet their needs in a way that promotes their sense of identity, self-image and self-esteem. When I have supported MC he has explained about how he has felt unfairly treated at work. This was mainly due to his lack of career progression as well a request for a transfer not being met, although having been promised. To help with this we constructed an information leaflet about his condition, which we gave to his employers so that they were fully aware of how to best interact with him. I also started communicating with his employer about getting a transfer to a branch that was closer to where he lived. As a result of this he has now been transferred closer to where he lives as well as feeling more valued as an employee. This has helped with develop his self-identity and self image through an increased sense of self worth as well as helping to improve his self-esteem. 7.1 A Risk Assessment will be done depending on the circumstances and surrounding. Like if the user live in the community or live in a care home. The risks are different in those scenarios and different actions need to be taken for make the living area safe. Risk assessments help decipher whether an individual needs 1:1 support or 2:1 support. They can also allow health  care professionals to implement safeguarding techniques to guarantee that the service user will not come into harm. This can include procedures such as giving individuals location devices if they are prone to wondering of whilst not being fully aware of their actions amongst many other advantageous practices to ensure the individuals safety. 7.2 The purpose of risk assessment is to eliminate any risk that may cause harm or loss to both service user and carer worker. However, in relation to the service user is important to remember their human rights are respected. For example the right to choose. If they are assessed also for a Mental Health Capacity and the outcome show that they are able to decide they are allow to make unwise or eccentric decisions. However it is important to identify the risk or possible outcomes, inform the Service User which will support to make a decision that will possibly involve taking some risks. 7.3 : Everyone’s circumstances could change over time in better or worse. Is important to identify any furthers changes or risks so the care plan can reflect the person immediate needs. Also people opinions and what they wants may change. Is important to keep the â€Å"person centred care approach† in mind all the times and during reviews. Also keep in mind our duty of care. the goal of effective support is help empower service users to the point where they feel able to lead an independent and rewarding life. As this is the goal of any support provider they must be aware that for one to achieve this they need to learn to manage the risks that they are subjected to in an independent manner. Therefore as a person grows and develops towards a heightened state of independence it is important to let them take control of their own lives and that means realising that risks that they may have formerly posed a threat to their well being will be withdrawn as they will know how to autonomously manage these hazards themselves.

Questioning the Constitutionality of Celebrating R Essays

Questioning the Constitutionality of Celebrating R Essays Questioning the Constitutionality of Celebrating Religious Holidays at Public Expense. It is unconstitutional for local, state or federal governments to favor one religion over another? Government can show favoritism toward religion by displaying religious symbols in public places at taxpayer expense, by sponsoring events like Christmas concerts, caroling, or by supporting the teaching of religious ideas. It appears the United States government has had a history of favoring Christianity. The United States government's favoritism of Christianity is a clear violation of the First Amendment. This amendment states that "Congress shall make no law respecting an establishment of religion or prohibiting the free exercise thereof." There is another reference to religion in Article 6, Section 3. This clause states "the United States and the several States shall be bound by oath or affirmation to support this Constitution, but no religious test shall ever be required as a qualification to any office or public trust under the United States." There have been several court cases on this and related issues which include Engel vs. Vitale, Everson vs. the Board of Education, and Lynch vs. Donnelly, the "Creche case". In 1947, in the Everson vs. Board of Education case, the Supreme Court ruled that the 14th amendment prevented the States and the and the Federal government from setting up a church, passing laws that favor any religion, or using tax money to support any religion. Justice Hugo Black "incorporated" the First Amendment's establishment clause into the 14th Amendment which states that "the State shall not deny any person within its jurisdiction the equal protection of laws and due process. After this trial, people began to question whether school prayer was constitutional (pg. 93-94, Klinker). The "creche case," Lynch vs. Donnelly, came from Rhode Island in 1980. In this case, the city offical included a creche, or nativity scene, in their city's annual Christmas display that included all traditional Christmas symbols. Chief Justice Warren E. Burger represented the court's opinion when he stated that, "Nor does the constitution require complete separation of church and state; it affirmatively mandates accommodation, not merely tolerance, of all religions, and forbids hostility toward any." Justices Brennan, Marshall, Blackman, and Stevens dissented. They thought the "primary effect of including a nativity scene in the city's display is. . . to place the government's impremature approval on the particular religion's beliefs exemplified by the creche." They argued that it clearly violated the First Amendment (p. 99, Witt). These cases demonstrate a pattern of Constitutional thought by high courts prohibiting the promotion of particular religious ideas, and the spending of tax dollars on events that promote particular religious views. A logical extension of this pattern can be made to the spending of tax dollars for decorating towns on religious holidays, such as Christmas. Local, state, and federal governments attempt to get around the prohibitions of the Everson and Lynch cases by decorating the streets in town with non-religious symbols such as lights, trees, wreaths and other objects that symbolize the season. But, religious people think the season itself has religious meaning. Using tax money to decorate for a religious holiday not celebrated by everyone is unconstitutional because these symbols support one religion over no religion. The First Amendment prohibits this. We understand that public school prayer discriminates against some religious views so it is prohibited in public schools. Similarly, Christmas concerts play a role similar to the teaching of creationism and prayer. The Christmas concerts subconsiously influence students toward the beliefs of Christianity. To be fair to non-Christian groups, converting "Christmas" concerts to "Holiday" concerts would maintain the "separation of church and state." One could recognize the beliefs of many religions or none. One could play music from several religions or non-religious music. Religion is a personal belief. There are so many religions to choose from, including the choice of no religion. It is impossible to decide that one belief is right and another is wrong. So it is reasonable to say that it is unconstitutional for government to favor Christianity over other religions, including Athieism. Instead of using tax dollars to decorate the streets for the holidays, we could use the money for other things like playgrounds and helping the homeless. Also, students could play music that has no religious meaning to please every belief or offend none. This way, government would be prevented from favoring one religion over another. Henry, Richard, "Government in America", Houghton Mifflin

“A Homemade Education” and “Letter from Birmingham Jail”

â€Å"A Homemade Education† and â€Å"Letter from Birmingham Jail† â€Å"A Homemade Education† by Malcolm X and â€Å"Letter from Birmingham Jail† by M.L. King A Homemade Education by Malcolm X and Letter from Birmingham Jail by M.L. King have both similar and different features. King seems to use stronger rhetorical technique (logic, emotion, credibility) than Malcolm X. Both literary works are addressed to various types of audience. King appeals to his clergymen, and this letter was his response to a public statement of concern and caution issued by eight white religious leaders of the South (p.1). This fact explains the official tone of the letter, while Malcolm X writes his A Homemade Education in simple words, which can be understood by ordinary people without any special educational background. This aspect of simplicity makes Malcolms work more appealing to the majority of ordinary readers. Apart from these differences, both authors have a common purpose: help overcome racial prejudice and urge Black people to stand up for their civil and human rights. Ethos, Pathos and Logos inA Homemade Education and Letter from Birmingham Jail It is noteworthy to consider the rhetorical techniques used in both literary works in more detail. King masterfully applies ethos, pathos, and logos to his statements. His ethos has the following forms in the letter. Firstly, he writes the letter to respond to the Alabama clergy who find Kings protest in Birmingham unwise and untimely (p.1). Although the clergymen present King as an outsider, he rejects this claim, saying that he has the honor of serving as president of the Southern Christian Leadership Conference. We have some eighty-five affiliated organizations across the South (p.1) Besides, King justifies his actions by drawing parallels with the Prophets and the Apostle Paul. Referring to historical personalities, like Hitler, Martin Buber, Paul Tillich, Socrates, he proves that it is right to fight against oppression of human rights. Malcolm X also refers to some historical figures and events to present his ethos. He lists Herodotus, Will Durants Story of Civilization, Wells Outline of History, refers to the slave preacher Nat Turner, who put the fear of god into the white slave master and the Opium War on China, as well as the British Invasion to India (p.8). Mr. Elijah Muhammad taught Malcolm X how history had been whitened (p.4), which was the hardest stroke for him. Kings letter is imbued with logos since it is a justification of his deeds He describes two parts of the community a force of complacency and a force of bitterness and hatred (p. 4) and implies that he did not allow the latter to resolve a conflict in a violent way. Since Malcolm X does not justify his actions but simply tells how he acquired a homemade education, his logos is rather weak. Nonetheless, he clearly shows the readers that books completely changed his life, and the wisdom he took from them helped him make his arguments reasonable and profound. When it comes to pathos, it seems that Kings pathos is much stronger than Malcolms Presumably, this is explained by the fact that he took a direct part in the protest and witnessed black peoples oppression, humiliation, and suffering. The part of the letter, where King ponders upon the issue of untimely actions, constantly using the word when, has an immense emotional appeal. Even a few lines would be enough to feel Kings painful agony, when he describes the inhumane treatment of black people: When you have seen vicious mobs lynch your fathers and mothers at will and drown your sisters and brothers at whim; when you have seen hate-filled policemen curse, kick, brutalize, and even kill your black brothers and sister with impunity (p.2) Malcolms painful experience of violent treatment comes mainly from books and illustrations, which make his pathos weaker than Kings. All things considered, from the rhetorical standpoint, Letter from Birmingham Jail by M.L. King is stronger than A Homemade Education by Malcolm X, which is explained by Kings personal involvement into the issues he describes. Both authors revolt against racism since it is viewed as an encroachment on human innate rights, regardless of skin color. References King, M. L. Letter from Birmingham Jail. Rossier School of Education. Retrieved from uscrossier.org/pullias/wp-content/uploads/2012/06/king.pdf X, Malcolm. A Homemade Education. Canton Local Schools. Retrieved from cantonlocal.org/downloads/malcolm_x_and_his_view_on_education.pdf