Media Kit Essay Example | Topics and Well Written Essays - 250 words

Media Kit - Essay Example We are encircled by the best cafés and entertainment fixates with explicit touch on Brazilian workmanship and culture. Our shopping guide talks, talk and convey in Brazilian culture and language, Portuguese. We offer novel Multilanguage stage for different societies to comprehend the Brazilian life, in explicit we have English adaptation of the guide. We have a powerful dissemination focal point of our guide that target New Yorkers and New Jersey with point of growing to Brazil soon. Our guide is imprinted on top notch corrosive free paper and disseminated free in the boulevards and by means of mail. A similar guide in print is accessible as e-zine downloadable free at our website, www.descubranewyork.com. With over a million Brazilians living in the US, anticipate that your image should be discussed and arrive at the intended interest group. The Outlet Collection Jersey Gardens Shopper’s Guide isn't only on our items; different shops and eateries will promote as well. The magazine has subtleties of different items including vehicles, clothing, liquor, frill and adornments being sold in different outlets. We have a powerful online networking stage, we will be running a paid advertisements on Twitter, Facebook, Google +, Pinterest and

Schism Between The Ussr And China Leap †Myassignmenthelp.Com

Question: Talk About The Schism Between The Ussr And China Leap? Answer: Presentation Two ground-breaking socialist countries of twentieth century were Peoples Republic of China and Union of Soviet Socialist Republics. In the midst of the counter socialist countries it was normal that the two extraordinary forces would be close partners yet the Sino-Soviet Split demonstrated that wrong.[1] There are different elements that impacted the faction between the USSR and China, yet in the accompanying conversation the attention will be on Mao Zedongs The Great Leap Forward being the essential power behind it. The birthplace of the Schism The birthplace of the split can be found in the Marxist hypothesis of socialism. The assembly line laborers of the twentieth century were given the incredible significance in the Marxist theory.[2] According to Marx the low class are the assembly line laborers who are fit for appearing the ideal accomplishment against private enterprise. In 1917 the hypothesis was applied by some Marxist activists during Russian insurgency; the members were fundamentally manufacturing plant workers.[3] The Russians socialist pioneers needed the Chinese Communists to follow a similar technique during the upset of 1930s and 40s.[4] However the social structure of China was distinctive around then. The assembly line laborers of urban territory were to exist in China. This started the underlying distinction between both the countries socialist exercises. The Chinese socialist progressive pioneer Mao Zedong dismissed the proposition and concentrated on the country ranchers as the working classes of the pr ogressive. The Soviet methodology towards socialist unrest has been attempting to turn into the prevailing upheaval as most other Asian countries additionally needed urban specialists. The Maoist socialist strategy was getting ubiquity over Marxist-Leninist technique in most Asian nations like Cambodia, Vietnam or North Korea. De-Stalinization After the passing of Stalin in 1953 the contention got more grounded. Mao Zedong spoke to himself as the central head of the universal socialist insurgency however the recently chosen leader of USSR Nikita Khrushchev thought contrastingly as he was the pioneer of a superpower country f that time. Following coming to control, Khrushchev began the procedure of De-Stalinization where he sentenced Stalins wrongdoings and came back to Socialism and Leninist principles.[5] However around then the universe of socialism was following the means of Stalin, so it influenced the notoriety of the countrys picture. Through the De-Stabilization process Khrushchev drives the socialist development towards a serene concurrence with the western industrialist world. This came as a stun of socialists upheaval against the private enterprise and harmed the notoriety of the countries commitment to socialism. The recently evolved want to construct a relationship with the industrialist country filled to the c onflicts.[6] The Sino-Soviet Treaty of 1950 principally happened as a result of the regular reason yet the de-Stalinization by Khrushchev influenced the purposes.[7] De-Stalinization is against the conventional Marxist-Leninist approach During 1950s china built up a financial recreation effectively that energized Mao Tse Tung and Mao Zedong, the pioneers of the Chinese Communist Party to consider The Great Leap Forward which depends on exemplary Leninist Marxist strategy and contrasted from Khrushchevs reformist approach.[8] This aggressor approach towards monetary improvement was created to increase innovative and monetary advancement at quick pace. The pioneers had little confidence over Soviet methodology towards money related, specialized and monetary help to their country. This vulnerability was essential base for the undertaking of The Great Leap Forward by the Chinese socialist pioneers. China needed to improve its motorization and industrialization that was a long ways behind from most created countries. Khrushchevs arrangements appeared to them no lined up with Chinas want and they likewise needed to beat the political reliance. The Great Leap Forward was fundamentally incorporated the most rustic and scarc ely any urban regions. The undertaking depended on two viewpoints one is the cooperative arrangement of the individuals and the mass steel crusade. Chinas want to become socialist superpower through Economic Development Mao Zedong needed the Peoples Republic China to turn into the socialist super force by supplanting the USSR. China has an opposing stand against Khrushchevs relationship with Unites States of America in regards to the atomic force. China remembered the atomic force for their advancement plan and needed the Soviet country to assist them with achieving it. Anyway the USSR denied Mao to help in creating atomic weapon. In spite of the fact that USSR and PCR were stills formally partners yet the relationship inside decayed. Khrushchev reasoned that Maos choices are destabilizing the country and on the opposite side Mao considered USSRs political methodology towards USA to be unreliable.[9] In the 1950s the USSR sent specialists to China who could help the nation in following the current soviet model to bring together the countrys monetary turn of events. The technique put more significance on the overwhelming business and gives less significance to the purchaser products. Anyway in the se cond period of the decade began adjusting various plans to improve the socialist communism by assembling the Chinese specialists. USSRs demeanor towards Capitalist countries Stalin had censured Tito and the relationship with Yugoslavia which Khrushchev restored subsequent to coming to control. These de Stalinization strategies upset Mao. Mao was increasingly disposed towards the political philosophies of Stalin so the denouncement of specific approaches and standards incensed Mao like the Cominform was created to arrange activities among the different socialist gatherings under the direction of USSR, however this was dismissed by Khrushchev.[10] The center political hypotheses by Marx-Lenin were deemphasized by him also. Khrushchevs activities to kill the war among communism and private enterprise so as to set up the conjunction made an extraordinary test for China. Mao Zedong executed the strategy after Civil War where the socialist countries were relied upon to follow his international strategy which he created with the dread of American military mediation or Japanese Imperialism.[11] The various ways of Communism, Great Leap Forward served a medium As the socialist chiefs of China felt that the Soviet head is hampering the worldwide development of socialism militarily and ideologically, the help from the USSR is did not ensure anymore. In the Communist Party of Soviet Union of 1956 Mao Zedong recommended that all other socialist countries should take exercises from USSRs activities.[12] He accepted that China grow more in the communist street than his buddy in not so distant future by taking article exercises from the Soviet country. Anyway it was at this point outlandish for China to profess to be the pioneer in the communist zone. Mao was setting up the country for an extraordinary financial improvement as he wanted to fall behind USSR. Mao reported that China would advance more than UK inside coming 15 years.[13] During the Khrushchev period, Mao really intended to outperform the USSR in the political and social development. So as to accomplish this objective Mao needed to change his methodologies and follow some different c ourses than the ones proposed by the USSR. The approaches that Mao executed in the process are The Great Leap Forward.[14] The undertaking fused different changes in the residential arrangements that were condemned by the Soviet Premier. The fantasy of extraordinary financial improvement has for some time been esteemed by Mao. In 1956 Mao declared the comparable arrangement to exceed expectations the incredible entrepreneur nations inside barely any years. His point was to set up an incredible communist society in China through three multi year plans. This arrangement reflected in the trademark outperforming Britain and finding USA gave incredible persuasive solidarity to The Great Leap Forward.[15] The procedure was picking up collectivization in the countrys agribusiness as the initial phase in accomplishing the extraordinary jump. On the off chance that the country accomplishes the underlying crucial, accepted the outperforming Great Britain and making up for lost time the USA wo uld be emerged. Clearly through the financial model Maos China would be outperforming Khrushchevs USSR. Mao had communicated in inner gatherings that following the Soviet Union methodologies indiscriminately. The socialist chief realized that the political situation of the nation was not quite the same as USSR and the labor was more grounded than USSR. Anyway there was a lot of analysis inside, remotely with respect to its future achievement. Mao addressed them by saying that Marxism was moving towards the eastern nations it has extraordinary potential make the proposed planes effective. Maos genuine expectation was to outperform USSR strategically, innovatively and monetarily. Accomplishment of The Great Leap Forward, Threat to USSR The Great Leap Forward has just started however the community was at this point to be totally executed. The disappointment was expanding among the rich ranchers as they saw poor laborers and homesteads lacking effectiveness are getting amalgamated.[16] However The Great Leap Forward through the collectives of the individuals exhibited the indications of a more prominent jump that can guarantee Chinas better situation in the realm of socialism. The soviet international safe haven in China remarked that The Great Leap Forward is calculated appraisal yet when contrasted with the countrys existing economy the survey featured the initiatives financial ignorance. The Chinese socialist gathering in the Beidaihe meeting pronounced that in not so distant future the partys plan of turning out to be preeminent socialist force will before long be genuine. Mao anticipated that China would change the creation relationship and along these lines the financial advancement of the nation would outperfo rm the USSR. The collectivization was not quite the same as the current strategy in USSR where aggregate ranches were just centered around farming and their absence of inclusion with industry didnt help them to travel into socialism totally. Chinas peopl

25 Literary Friendship Quotes That Celebrate Our Besties

25 Literary Friendship Quotes That Celebrate Our Besties It seems most readers can reel off any number of quotes on love and romance, but what about friendship? The value of a trusted confidante is immeasurable, and many beloved authors have memorialized this cherished relationship in their books. I have found so many beautiful quotes that celebrate friendship. Here are my favorite friendship quotes. Enjoy! “We cannot tell the precise moment when friendship is formed. As in filling a vessel drop by drop, there is at last a drop which makes it run over; so in a series of kindnesses there is at last one which makes the heart run over.” â€"Ray Bradbury, Fahrenheit 451 “Why wasn’t friendship as good as a relationship? Why wasn’t it even better? It was two people who remained together, day after day, bound not by sex or physical attraction or money or children or property, but only by the shared agreement to keep going, the mutual dedication to a union that could never be codified.” â€"Hanya Yanagihara, A Little Life “It is love and friendship, the sanctity and celebration of our relationships, that not only support a good life, but create one. Through friendships, we spark and inspire one anothers ambitions.” â€"Wallace Stegner, Crossing to Safety “Kindred spirits are not so scarce as I used to think. It’s splendid to find out there are so many of them in the world.” â€"L.M. Montgomery, Anne of Green Gables Kindred Spirits greeting card from HapiJDesigns on Etsy “She recognized that that is how friendships begin: one person reveals a moment of strangeness, and the other person decides just to listen and not exploit it.” â€"Meg Wolitzer, The Interestings “Well, you cant make old friends.” â€"Zadie Smith, Swing Time “Friendship is certainly the finest balm for the pangs of disappointed love.” â€"Jane Austen, Northanger Abbey “It’s not enough to be friendly. You have to be a friend.” â€"R.J. Palacio, Wonder “‘You have been my friend, replied Charlotte. That in itself is a tremendous thing.’” â€"E.B. White,  Charlottes Web Charlottes Web quote locket from busybeezchickadeez on Etsy She thought of how precious it was to be able to know another person over many years. There was incomparable richness in it.” â€"Alice Walker, The Way Forward Is with a Broken Heart “There is no surer foundation for a beautiful friendship than a mutual taste in literature.” â€"P.G. Wodehouse, from “Strychnine in the Soup” in Mulliner Nights “The friend who holds your hand and says the wrong thing is made of dearer stuff than the one who stays away.” â€"Barbara Kingsolver, from “Stone Soup” in High Tide in Tucson: Essays from Now or Never “We are more alike, my friends, than we are unalike.” â€"Maya Angelou, I Shall Not Be Moved Maya Angelou quote print from LuxeLittlePrints on Etsy “She is a friend of my mind. She gather me, man. The pieces I am, she gather them and give them back to me in all the right order.” â€"Toni Morrison, Beloved “Friendship…is born at the moment when one man says to another What! You too? I thought that no one but myself…” â€"C.S. Lewis, The Four Loves “A good friend is a connection to lifeâ€"a tie to the past, a road to the future, the key to sanity in a totally insane world.” â€"Lois Wyse, Women Make the Best Friends: A Celebration “I knew when I met you an adventure was going to happen.” â€"A.A. Milne, Winnie-the-Pooh A.A. Milne quote print from FelixandFelicityShop on Etsy “The best kind of laughter is laughter born of a shared memory.” â€"Mindy Kaling, Why Not Me? “The language of Friendship is not words, but meanings.” â€"Henry David Thoreau, A Week on the Concord and Merrimack Rivers “The companions of our childhood always possess a certain power over our minds which hardly any later friend can obtain.” â€"Mary Wollstonecraft Shelley, Frankenstein “Anybody can look at you. Its quite rare to find someone who sees the same world you see.” â€"John Green, Turtles All the Way Down John Green quote bookmark from dreamyandco on Etsy “They were all growing up and into each other like trees striving together for the sun.” â€"Maggie Stiefvater, The Raven King “We clung to books and to our friends; they reminded us that we had another part to us.” â€"Annie Barrows and Mary Ann Shaffer, The Guernsey Literary and Potato Peel Pie Society “Not a word passes between us, not because we have nothing to say, but because we dont have to say anything.” â€"Khaled Hosseini, The Kite Runner “No barrier of the senses shuts me out from the sweet, gracious discourses of my book friends. They talk to me without embarrassment or awkwardness.” â€"Helen Keller, The Story of My Life Are you a quote fanatic? Need more? Try these: 51 Beautiful YA Book Quotes 30 Quotes about Poetry 22 Great Quotes about Reading 45 Aww-Inspiring Quotes about Books Share your favorite literary friendship quotes in the comments!

Italian Word of the Day Nonna

Our Italian word of the day is nonna, or la nonna, which, as many of you know, means grandmother. When you are addressing your grandmother, in Italian the word is not abbreviated or made into a nickname as it often is in English—grandma or granny or nana. In Italian nonna is nonna, and that suffices. Va bene cosà ¬. La Nonnas Big in Italy If you think of an Italian nonna as youve seen in movies or perhaps in Italian families themselves—and more so if you are Italian-American and you know from personal experience—what image comes to mind? Generations of recipes passed down through family members and deliciously prepared for Sunday dinners or pranzi. Nonna sitting outside talking with her friends. Countless stories about the way things used to be. Old proverbs, sayings, recipes—things otherwise forgotten. And of course, Italian children screaming for their nonna at the top of their lungs. Indeed, la nonna plays an essential role in the Italian family structure, often looked to—particularly the maternal grandmother, or nonna materna—for helping raise children and bringing the family together. She is viewed as a bit of a rock—una roccia—and yet the person you run to to dry your tears. La nonna stands for authenticity, trustworthiness, and of course, endless amore and bontà  Ã¢â‚¬â€love and good. Because of that, traditional lore (and now the internet) is full of ricette della nonna (nonnas recipes), rimedi della nonna (nonnas remedies), and even proverbi della nonna (nonnas proverbs). And if you have not had one, the next time you go to Italy you must have some torta della Nonna, a delicacy with pastry cream and pine nuts. Talking About Our Nonna Mia nonna materna viene da Palermo e mia nonna paterna da Genova. My maternal grandmother comes from Palermo and my paternal grandmother comes from GenovaMia nonna à ¨ nata nel 1925. My grandmother was born in 1925.Mia nonna mi ha regalato questo libro. My grandma gifted me this book.Tua nonna à ¨ una brava cuoca. Your grandmother is a great cook.Nostra nonna abita a Bergamo. Our grandma lives in Bergamo.Tua nonna come si chiama? Whats your grandmas name?Mia nonna si chiama Adalgisa. My grandmas name is Adalgisa.Questa à ¨ la casa dov’à ¨ nata mia nonna. This is the house where my grandmother was born.Ho ricordi bellissimi con mia nonna.  I have beautiful memories with my grandmother.Questa sera arriva mia nonna. My grandmother arrives this evening.Io sono cresciuta nella casa di mia nonna. I grew up in my grandmothers house.Noi siamo stati allevati da nostra nonna. We were brought up by our grandmother.Le nonne sono molto importanti nella famiglia italiana. Grandmothers are very important in the Italian family.Nonna! Dove sei? Grandma! Where are you?Mia nonna à ¨ morta lanno scorso. Mi manca molto. My grandmother died last year. I miss her a lot. No Article for Your Own Grandmother This is a good place to remind you—as you can see from most of the sentences above—that you do not need an article in front of your possessive adjective in front of your nonna: mia nonna or tua nonna, or any other direct family member in the singular (mia madre, mio padre, mio zio, tua sorella). You can click here to review your possessive adjectives. If you are asking where grandma is, you say, dovà ¨ la nonna, or if you are referencing someone elses nonna in third person, you say, la nonna di Marco. If you are talking about grandmothers in the plural, its le nonne; le mie nonne—my grandmothers.   Le mie nonne sono molto gentili. My grandmothers are very kind.Le mie nonne non vanno daccordo. My grandmothers do not get along. If you want to say grandparents the word is i nonni. For more family-related vocabulary, read How to Talk About Family in Italian.   Did You Know? La Festa dei Nonni or Grandparents Day, is celebrated on October 2, the day the Catholic church celebrates Angels Day. Although it’s not as well known as Ognissanti or L’Epifania, the holiday does have its own flower symbol (the nontiscordardimà ©, or forget-me-not) and its own song (Ninna Nonna). The purpose of the holiday is to recognize the role of grandparents in our lives (il ruolo dei nonni nella nostra vita) and to encourage the creation of initiatives to support i nonni dItalia! Popular Proverb About la Nonna Quando niente va bene, chiama la Nonna. When nothing is going well, call grandma. Un saluto alla vostra nonna!!

Domestic Violence Is An Epidemic That Does Not Discriminate

I do not understand football. In fact I could not tell you the difference between a touchdown and a field goal. What I do understand, thanks to my four years at Northern Arizona University, is that domestic violence is an epidemic that does not discriminate. It is prevalent in poor neighborhoods, upper middle class households, and in the million dollar condos of superstar athletes. This paper is intended to highlight domestic violence in popular culture and I can think of no better example than the recent attention the National Football League has received due to domestic violence cases amongst its players and their families. Turn on ESPN or any sports network and you can get a lifetime’s worth of statistics on the NFL’s athletes. You can learn in seconds how a quarterback has thrown the ball year to year, you can learn about every reception made by a wide receiver, you can even learn about how many times a team has won in a certain stadium and what the weather was li ke for each of those games. But let’s talk about some other statistics, the kind that the majority of Americans do not pay attention to. Domestic violence is not exclusive; women, men, and children are victims. According to the text, annual estimates suggests that 4 to 9 million people are victims of family violence and 171 million (or 60% of the population) are at risk of violence (McClennen, Chapter 1). Additionally, over 3.3 million reports of abuse are made annually in the United States, representing anShow MoreRelatedWhy Do People Become Homelss1750 Words   |  7 PagesM1 ASSIGNMENT WHY PEOPLE BECOME HOMELESS AND WHY IT DOESN’T STOP LAVERNA MOORER ARGOSY UNIVERSITY Abstract This paper is going to present to you why people become homeless and why it does not stop Homelessness is a problem that have getting out of hands because of not addressing the situation on time. The focus is not so much the why but, if it will ever stop. Homelessness is a phenomenon that has so much to address research has been done; it was discover that for our government to concentrateRead MoreDomestic Violence : The And On Our Streets1928 Words   |  8 Pages In the news and on our streets we hear about domestic violence. Are you or someone you know in an unhealthy relationship? Would you stand up and say, â€Å"This isn t acceptable†, or simply turn a blind eye to a growing epidemic that affects families nearly twenty times per minute. In the United States nearly ten million woman and men are victims of Domestic Violence at the hands of their intimate partner. Today s astounding statistics tell a story of our societies abusive nature. As an individualRead MoreDome stic Abuse Against Women : Violence And The Family3149 Words   |  13 PagesDOMESTIC ABUSE AGAINST WOMEN CSOC 502: VIOLENCE AND THE FAMILY – SPRING 2015 PROFESSOR NAME: KELLY TRAIN STUDENT NAME: DINESH GHANI STUDENT NUMBER: 500556512 DUE DATE: MONDAY JUNE 8TH, 2015 REFERENCE STYLE: APA Women abuse is a problem that plagues society in numerous ways. It is a problem that lacks proper definition in today’s society, and as a result has many misconceptions regarding the subject. 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The healthcare system in Australia is one example—from a plethora of similarly situated healthcare systems—in which the color of a patient’s skin or the race of his parents may determi ne the quality of medical received. Life expectancy and infant mortalityRead MoreFundamental Rights in India4821 Words   |  20 Pagesfor personal good as well as the good of the community. The rights guaranteed under the Constitution of India are fundamental as they have been incorporated into the fundamental Law of the land and are enforceable in a court of law. However, this does not mean that they are absolute or that they are immune from Constitutional amendment.[2] Fundamental rights for Indians have also been aimed at overturning the inequalities of pre-independence social practices. Specifically, they have also been usedRead MoreRe-entry: Prison and Reentry Programs4772 Words   |  20 Pagesmedications, or their combination. Short-Term Residential Programs provide intensive but relatively brief residential treatment based on a modified 12-step approach. These programs were originally designed to treat alcohol problems, but during the cocaine epidemic of the mid-1980 s, many began to treat illicit drug abuse and addiction. The original residential treatment model consisted of a 3 to 6 week hospital-based inpatient treatment phase followed by extended outpatient therapy and participation in aRead MoreSame Sex Marriage (Debate Paper)4727 Words   |  19 Pagesperiod,  females  would bind themselves in contracts to younger females in elaborate ceremonies.  Males  also entered similar arrangements. This type of arrangement was also simi lar in ancient European history. An example of egalitarian male domestic partnership from the early Zhou Dynasty period of China is recorded in the story of  Pan Zhang Wang Zhongxian. While the relationship was clearly approved by the wider community, and was compared to heterosexual marriage, it did not involve a religiousRead MoreInternational Management67196 Words   |  269 Pagesexercises that can be used in class to reinforce both the substantive topic and students’ skills in negotiation, presentation, and analysis. The cases have been extensively updated and several are new to this edition. Cases concerning the global AIDS epidemic, HSBC, Nike, Walmart, Tata, AirAsia, Sony, Danone, Chiquita, Coca-Cola, Microsoft, and others are unique to this book and specifically to this edition. Of course, instructors also have access to Create (www.mcgraw-hillcreate. com), McGraw-Hill’s

Movie Analysis Bones - 2461 Words

For this assignment I chose to watch Bones. I watched one of the earlier episodes that were made in 2005. Bones is a little different compared to the CSI shows because it is actually based on a team of forensics who have a particular study in anthropology and archaeology. The episodes are based on them helping FBI agents figure out criminal cases. The episode I watched was about a possible terrorist attack on the senator and many other colleges. At the beginning of the episode a man who was working with the white house as a consultant was blown up in his own car, so the main characters believed he was the threat. They believed he blew up his own car, that it wasn’t a murder scene. Bones, the anthropologist, went on scene and started†¦show more content†¦As the episode goes on the team of anthropologists assist the FBI team with multiple tasks as to how this man was blown up in his car and who did it. Bones, who is the anthropologist goes out with the FBI team and basi cally assists them at their job because she knows a lot about the case and she wants to catch the perpetrator as well. Towards the end of the show they start to narrow the suspect list down to one person and Bones and Booth, the FBI agent, search the suspect’s house without any warrant and find materials for making a bomb. They soon find out that the suspect is about to blow himself up at another event of the senators. With the help of the FBI and the forensics team and before he can do it, they catch him and kill him right on the spot. At the beginning of a crime scene you want to discuss who is going to be the majority looking at the crime scene because you do not want twenty people in the same vicinity. If there are numerous amounts of people then surely something will get either missed or contaminated. In an ideal situation we would want at least 1-5 people tops looking and documenting the crime scene. During the show it didn’t really say how many people were allow ed on the crime scene but it looked like chaos was ensuing. There were fire

Challenges and Pitfalls of Traffic Light-Free-Samples for Students

Question: Discuss the Challenges and Pitfalls of Traffic Light Reports. Answer: I researched through the change management that is a necessary part of the project management course in module 1. I started my learning acquiring a project team, develop and manage the team throughout the course. Effective communication, procurements and managing the stakeholder engagement was the necessary learning that taught me the detailed process of human resource management plans and their implementation in organizing them. Different team components and their characteristics had to be taken into consideration along with learning of effective decisions making in order to develop, manage the team including the conflict management in mind. I also learned how to conduct a quality assurance check to implement the approved changes to change the project objectives. For conducting the procurement, I learned the process of obtaining the seller responses, selecting a seller and awarding the contract that was quite challenging. The key skills that I developed for the course in interperson al level are, trust building skills, conflict management, active listening and many more. I also learned some of the management skills, like, influence people to support the project, negotiate agreements to satisfy the project needs, modification in organizational behavior to accept the project outcomes and many more. I went through several challenges in the course as the quality resources required for learning is hard to come by. But the learning I received from the course is no doubt valuable in future life in both professional and personal life. It will become easier for me to handle issues in professional grounds, whereas, I am now more efficient in relationship building and managing things in personal life. Module four Reflection In module four, I learned how to identify operational, political, environmental, social cultural factors related to risk management. I went through several case studies of different companies that faced catastrophic loss and gained insight from the cases. Later I conducted literature study to gain an understanding of qualitative and quantitative risk analysis, identification on the basis of the analysis report and planning to come out from the risk. The qualitative risk analysis involves the industrial studies of similar projects and the risk databases. Whereas, the quantitative analysis included, the project cost estimation, cost distribution, cost risk stimulation and other involved in the factor. I learned to form strategic risk map. I categorized the risked in this part based on their intensity. In the final part of the assignment, I learned about the effective tools that are required in controlling the foreseeable risk in the project. I faced challenges in the identification of the risk factors where that I overcome with the cases studies as mentioned. Importance of Leadership and Communication The most effective key of leadership in project management is the communication skill which affects the rest of the elements involved in the leadership (Men 2014). A leader with good communication skill can supplement the other key factors of leadership like, controlling, staffing, organizing, planning and leading that will help in achieving the desired outcomes in the project (Qubaisi et al.2015; Burke 2013). Communication is a broader concept in this field which involves the relationship between the leader and the followers. It helps in clarifying the problems that are faced by the followers in completing the project and the lacks in the project plan. This will in turn, contribute in the formation of idea by the leader about the work situation and help him or her to bring the necessary changes in the project (Brandts, Cooper and Weber 2014). A good relationship always facilitates the bonding among the team members which in turn develop the understanding between the two. Other aspec ts of communication involve motivation, trust buildup, keeping the fellow members updated with the situation and transparency of the benefits that will come out of the completion of the project (Hackman and Johnson 2013). The leadership theories state the leadership as the cumulative thought of the group and the leader is the representative of the vision of the group (Mikkelson, York and Arritola 2015). The vision of the leader about the project is also an important responsibility for the leader to communicate with the team members. It will clarify the work situation for the team members and help them to have a proper mindset and understanding of the project that will have positive impact in the project (Larson and Gray 2013). References Men, L.R., 2014. Strategic internal communication: Transformational leadership, communication channels, and employee satisfaction. Management Communication Quarterly,28(2), pp.264-284. Brandts, J., Cooper, D.J. and Weber, R.A., 2014. Legitimacy, communication, and leadership in the turnaround game.Management Science,61(11), pp.2627-2645. Hackman, M.Z. and Johnson, C.E., 2013.Leadership: A communication perspective. Waveland Press. Mikkelson, A.C., York, J.A. and Arritola, J., 2015. Communication competence, leadership behaviors, and employee outcomes in supervisor-employee relationships.Business and Professional Communication Quarterly,78(3), pp.336-354. Qubaisi, J.M.M.L.F.A., Elanain, H.M.A., Badri, M.A. and Ajmal, M.M., 2015. Leadership, culture and team communication: analysis of project success causality-a UAE case.International Journal of Applied Management Science,7(3), pp.223-243. Larson, E.W. and Gray, C., 2013.Project Management: The Managerial Process with MS Project. McGraw-Hill. Burke, R., 2013. Project management: planning and control techniques.New Jersey, USA.

Audrey Hepburn 7 Essay Example

Audrey Hepburn 7 Essay Audrey Hepburn was born on May 4, 1929 in Brussels, Belgium. She really was blue-blood from the beginning with her father, a wealthy English banker, and her mother, a Dutch baroness. After her parents divorced, Audrey went to London with her mother where she went to a private girls school. Later, when her mother moved back to the Netherlands, she attended private schools as well. While vacationing with her mother in Arnhem, Holland, Hitlers army took over the town. It was here that she fell on hard times during the Nazi occupation. Audrey suffered from depression and malnutrition. After the liberation, Audrey went to a ballet school in London on a scholarship and later began a modeling career. As a model, she was graceful and, it seemed, she had found her niche in life until the film producers came calling. After being spotted modeling by a producer, she was signed to a bit part in the European film Nederlands in 7 lessen (1948) in 1948. Later, she had a speaking role in the 1951 film, Young Wives Tale (1951) as Eve Lester. The part still wasnt much, so she headed to America to try her luck there. Audrey gained immediate prominence in the US with her role in Roman Holiday (1953) in 1953. This film turned out to be a smashing success as she won an Oscar as Best Actress. This gained her enormous popularity and more plum roles. One of the reasons for her popularity was the fact that she was so elf-like and had class, unlike the sex-goddesses of the time. Roman Holiday (1953) was followed by another similarly wonderful performance in the 1957 classic Funny Face (1957). We will write a custom essay sample on Audrey Hepburn 7 specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Audrey Hepburn 7 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Audrey Hepburn 7 specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Sabrina (1954), in 1954, for which she received another Academy nomination, and Love in the Afternoon (1957), in 1957, also garnered rave reviews. In 1959, she received yet another nomination for her role in The Nuns Story (1959). Audrey reached the pinnacle of her career when she played Holly Golightly in the delightful film Breakfast at Tiffanys (1961) in 1961. For this she received another nomination. She scored commercial success again in the espionage caper Charade (1963). One of Audreys most radiant roles was in the fine production of My Fair Lady (1964) in 1964. Her co-star, Rex Harrison, once was asked to identify his favorite leading lady. Without hesitation, he replied, Audrey Hepburn in My Fair Lady. After a couple of other movies, most notably Two for the Road (1967), she hit pay dirt and another nomination in 1967s Wait Until Dark (1967). By the end of the sixties, after her divorce from actor Mel Ferrer, Audrey decided to retire while she was on top. Later she married Dr. Andrea Dotti. From time to time, she would appear on the silver screen. One film of note was Robin and Marian (1976), with Sean Connery in 1976. In 1988, Audrey became a special ambassador to the United Nations UNICEF fund helping children in Latin America and Africa, a position she retained until 1993. She was named to Peoples magazine as one of the 50 most beautiful people in the world. Her last film was Always (1989) in 1989. Audrey Hepburn died on January 20, 1993 in Tolochnaz, Switzerland, from colon cancer. She had made a total of 31 high quality movies. Her elegance and style will always be remembered in film history as evidenced by her being named in Empire magazines The Top 100 Movie Stars of All Time.

The Best Currency Exchange Methods for Every Situation

The Best Currency Exchange Methods for Every Situation SAT / ACT Prep Online Guides and Tips If you’re planning a trip to another country, you’ve probably spent a lot of time thinking about the airline you’ll fly, the hotel or AirBnB you’ll stay in, the food you’ll eat, and the fun new things you’ll get to experience. You might not, on the other hand, have thought too much about how you’ll get money on your trip. Despite the fact that currency conversion is a decidedly less interesting travel topic than the best place to go zip-lining, it’s important to understand the costs associated with changing money. Currency exchange requires some time and effort, so it’s necessary to plan ahead or you risk getting stuck with heavy fees. In this article, I’ll cover the basics of how currency exchange works and what you should consider when deciding where and how to change money. How Currency Conversion Works If you’re traveling, sending money to another country, or buying, selling, or trading foreign currency, you’ll need to change your money from one currency to another in a transaction called a currency exchange. Currency exchange tells you what one country’s money is worth in terms of another country’s money. All currencies have different values, which change daily based on different factors like inflation, economic stability, and interest rates. When you exchange currency, you’re trading in a certain amount of money in one currency for the equivalent amount of money in another currency. Currency exchange rates aren’t fixed. Rather, they’re constantly changing. The rate at which you exchange two currencies one day may be different than the rate at which you exchange the same two currencies the next day. Because currency exchange rates change so often, it’s important to understand the best ways to buy, sell, and trade currencies so you get the best deal. Factors to Consider for Currency Exchange There are a lot of fees associated with currency conversion. Read on to learn the three factors that affect currency exchange fees so you can make sure you’re getting the best deal. #1: Explicit Fees Most methods that you’ll use to exchange money will come with a set, explicit fee. You can think about this fee as the cost of doing the business of currency exchange. For instance, you may have to pay a $30 fee to wire money from your bank to a foreign bank. Or, you may be charged a 1% fee to convert your currency at an airport currency exchange teller. Consider these fees when deciding where to exchange your money. A 1% fee may sound more attractive than a flat dollar amount, but could add up to more if you’re exchanging large amounts of money. #2: Conversion Rate Conversion rates almost always differ from the wholesale currency exchange rate. So, for instance, if the wholesale market is charging $1.10 USD per one euro, a bank or currency exchange company like Travelex may charge $1.105 or $1.110 USD per one euro. Again, while this deviation in conversion rate may seem small, it adds up, particularly if you’re exchanging a large amount of money. #3: Convenience The idea of convenience is more nebulous than conversion rates or explicit fees. Convenience is basically the value of your time and effort to exchange money. For instance, if your current bank charges $1.110 USD per one euro, and a different bank charges $1.105 per one euro, it’s probably not worth it to go to the different bank just to save $0.005. Similarly, you need to consider how accessible currency exchange is where you live. If your local bank will exchange currency, that's a solid option. However, if you need to travel three hours out of your way to find a bank that'll change your money, you may just want to wait to change money at the airport. You’ll want to weigh the value of comfort, ease, and convenience versus actual monetary savings. Best Currency Conversion Options In this section, I’ll detail the top currency exchange options for a number of different situations. Best Foreign Exchange Options While Traveling If you’re traveling, you’ll want to make sure changing currency is cheap and convenient. The best option is to withdraw cash as you go on your trip from ATMs. In this section, I’ll describe the most common currency exchange options for travelers. ATMs The most cost efficient way to exchange money in a foreign country is to withdraw money from an ATM. If you have a commonly accepted ATM card, like a Visa or Mastercard, you can likely withdraw money from a foreign ATM while traveling. ATMs are highly prevalent throughout the world and any country that receives even a small number of foreign tourists will have ATMs at least in the airport that you can withdraw cash from. However, there are some downsides to withdrawing from a foreign ATM. First, you can be slapped with fees if you withdraw from a foreign ATM. In addition to a small flat fee for using the ATM in the first place, you’ll likely have a foreign transaction fee that adds between 1-5% to the total amount of your withdrawal. Consider opening an account at a bank like Charles Schwab, for instance, that doesn't charge international transaction fees. Second, it can be difficult to find ATMs that accept U.S. debit cards in some places. While the vast majority of countries with tourists have numerous options for withdrawing cash, some rural or less well-traveled areas may not have cash readily available. You may want to bring some with you, just in case, or withdraw a larger amount when you do visit an ATM so you don't get stuck. Airport Kiosks Airport kiosks are convenient, ubiquitous, and, often, a huge ripoff. Airport kiosks often offer poor exchange rates and high fees for exchanging cash. However, you can use them as a last resort if you need cash on hand when you enter a country. Normally, you can either bring cash to exchange or withdraw cash from your ATM debit or credit card. If you have your ATM card with you, I'd recommend visiting an ATM rather than withdrawing from an airport kiosk. Credit Cards Credit cards are a solid option for paying for things you buy abroad without cash. There are tons of travel credit cards out there that don't charge international transaction fees, so if you can get one of those, I'd recommend using your credit card as much as possible. You can also commonly withdraw cash as a cash advance from your credit card. However, most credit cards charge cash advance fees and higher interest rates on cash withdrawals. If you decide to use your credit card abroad, I'd stick to using it on credit card transactions and withdraw money with your debit card instead. Cash Conversion Banks and credit unions often offer the most favorable conversion rates and limited to no fees if you exchange with a teller. Banks and credit unions, however, often exchange only widely used and popular currencies, such as the peso or the euro. If you’re looking for a less common currency, you might not be able to conduct a currency exchange at your bank. Before going to your bank, be sure to look up their currency exchange policies online or speak to a representative over the phone. You want to confirm that your branch a) actually offers currency conversion services, and b) carries the currency you need. Best Foreign Exchange Options for Sending Money to a Foreign Country Sending money to a foreign country can be expensive, with lots of hidden fees. In general, your best options are wire or online transfers, which often have flat fees. You can also use PayPal or Western Union if you have to, which charge a percentage fee. Wire/Online Transfers Wire transfers, which you can make in person or over the phone at a bank, or online transfers, which you can make using your online banking account, are the best options for sending money abroad. Most banks and credit unions only charge a small flat fee for wire transfers (typically between $15 - $30), so if you’re moving a large amount of money, you’ll save on fees by transferring directly from your bank. Wire and online transfers also allow you to transfer more money at one time than using a third party service like PayPal or Western Union. If you’re sending money to a foreign bank, you’ll need information from the recipient, including the name and address of their financial institution, as well as a SWIFT or IBAN number. PayPal PayPal is a solid option for transferring money to foreign accounts, but does come with more fees than most wire or online transfers. For transactions under $3,000, you’ll pay a 2.9% fee, plus a $0.30 per transaction charge. Larger transfers incur less of a fee, but are more restricted. If you want to make a larger transaction, you’ll have to go through additional identity verification steps. Western Union Western Union charges a flat rate for transferring money to another account. Their fees are typically higher than those at most banks and credit unions. You’ll also be charged an exchange rate on transfers made on international funds. Unfortunately, most Western Union foreign transactions don’t receive a favorable exchange rate. Best Foreign Exchange Options for Currency Trading Currency trading is a complicated, fast-paced business. If you’re looking for a forex broker, consider one of the following options. Oanda Oanda is a strong trading platform that offers a large selection of currency pairs (90+). Oanda is friendly to newer traders, as it has a $0 account minimum and no requirements for minimum trade lot. Oanda also had the lowest spread markup on commissions across the seven major currency pairs. Ameritrade TD Ameritrade is the leader in currency exchange, with an unmatched selection of currency pairs and lots of tools for investors. Trades will be subject to commissions, however, and TD Ameritrade has an account minimum of $2,000. Best Options for Buying and Selling Foreign Cash in the US Back from your trip with lots of foreign cash still in hand? Consider these methods for buying and selling foreign currency in the United States. Your Bank Banks will likely offer you the best deal on buying back currency, but may not buy back all types of currency. Airport Kiosks If your bank won’t buy back your money, airport kiosks will buy almost all types of currency. But, you probably won’t get a great exchange rate, but at least you won’t be stuck with cash you can’t use! Current Currency Exchange Rates Check out the chart below for current currency exchange rates, as well as the current currency exchange rate at Travelex. Note, rates are constantly changing. I included these so you could see how the Travelex rate differs from the stated daily exchange rate. Currency Exchange Rate ($1 USD =) Travelex Rate Canadian Dollar 1.3274 1.1757 Mexican Peso 18.00027 15.9987 European Euro 0.8934 0.8146 British Pound 0.7814 0.7141 Chinese Yuan 6.84 6.0283 Japanese Yen 111.28 98.9324 Australian Dollar 1.32 1.1639 Russian Ruble 59.45 49.9108 Swiss Franc 0.9693 0.8741 South African Rand 12.91 11.1990 In Summary Changing money can be a complicated, but necessary process. If you’re exchanging your currency, you’ve got a number of different options, depending on how much money you need and which currency you’re exchanging. Be sure to do your research or risk getting saddled with unexpected and hefty extra fees.

Team-Working Is the Most Effective Means of Organising People Essay

Team-Working Is the Most Effective Means of Organising People - Essay Example Team-working also leads to greater diversity of ideas strengthening the problem-solving process. For this reason it can be argued that team-working is a powerful organizational tool which enables the management to organize human resources in such a manner as to maximize its value to organizational performance. Because the external environment is characterized by a fast pace of change, an organization has to change accordingly in order to remain competitive. This objective can be achieved by incorporating the notion of team dynamics. Team dynamics are defined as interpersonal forces which affect team performance. Therefore the top management can make use of team dynamics to organize their people in the most effective manner. The team dynamics determine how the communication process takes place. Communicating in teams and organization is one of the critical success factors in building high-performance teams, defined as those teams which are characterized by superior performance managem ent systems. Because the performance in these teams is measured continuously, the organization can continue to deliver superior business results in an ever-changing external environment. For this reason, team-working is an effective means of organizing people according to the prescribed deliverables. Because of the continuous process of change occurring in the external business environment, an organization cannot afford to remain still. In that case it will not be able to sustain its competitive advantage. According to the strategy formulation framework developed by Michael Porter, a business organization can implement the strategies of cost minimization, focus and differentiation to develop a competitive advantage. However this advantage is only temporary because the competitors can also implement the same strategies to attain an identical level of performance. Thus the original organization does not have a competitive edge any more. However, if the competitive edge is based upon o rganizing people, then it can be sustainable because this is related to the organizational culture and the culture of each organization is unique. For this reason team-working is one of the critical success factors in the present day business environment. Team-working enables the management to organize the people in such a manner that the organizational culture becomes the source of the organization’s competitive advantage. When the organizational culture is based upon team-working, it focuses the management’s attention on creating an effective communications structure. Creating a well-functioning communications structure is the key to creating high-performance teams. Unless there is a free flow of ideas between the team members, the performance of the team will be affected negatively. Communicating in teams and organization ensures that each team member fully believes in the team behaviors and values. Only then can the teams reach their goals of high performance. Howe ver team-working provides a framework for organizing people in the most effective manner. If the management wants to implement the continuous improvement process, then organizing people into high-performance teams is the best solution. It creates a flexible organizational

To be stated Essay Example | Topics and Well Written Essays - 1250 words

To be stated - Essay Example Furthermore it will analyze nonverbal communication in the afore-mentioned media text through the lens of Charles Horton Cooley’s Looking Glass Self so as to depict how nonverbal cues, which can be either facilitative or debilitative, of fellow human beings collected by an individual actually shape his identity and subsequently determine his sense of self. The concept of the â€Å"looking glass self† promulgates that self-consciousness involves continually monitoring self from the point of view of others. Cooley stated this concept of the â€Å"looking-glass self† in his book Human Nature and The Social Order: â€Å"We live in the minds of others unknowingly. This creates the â€Å"social self† which might be called as the reflected or the â€Å"looking-glass self†:â€Å"Each to each a looking-glass/Reflects the others that doth pass† (73). This consciousness of self emanating from one’s view of oneself through the eyes of another is more a product of analysis of the nonverbal cues one gathers during interpersonal communication than the actual words one hears from the mouth of one’s fellow beings. Among the many other ways in which individuals respond to fellow individuals’ nonverbal cues touch avoidance is the most striking one. Defined as â€Å"an individual’s nonverba l predisposition to generally approach or avoid touch in interpersonal interactions† ( Anderson & Sull 82). An individual’s positive or reciprocal touch response is an indication of a mutual relation of trust and connection while the opposite reaction of reciprocal touch response betrays disconnect. Likewise the extent of touch avoidance is a manifestation of interpersonal distance. The Miracle Worker, a TV remake of William Gibson’s The Miracle Worker, released by Disney Movies in 2000, films the inspirational journey of Helen Keller with special

Risk And Uncertainty When Entering A New Market Economics Essay

Risk And Uncertainty When Entering A New Market Economics Essay When entering a foreign market for the first time, a firm will be faced with many unknowns. Distinguish between the concepts of risk and uncertainty when a firm is entering a market of your choice. Give examples of types of risk. INTRODUCTION This paper will examine the concept of foreign market incursion by domestic business entities. It will analyse the risks associated with and probe uncertainties inherent in globalizing the local business. The market of choice used in this paper is the entertainment industry in general and the music industry in particular, with a special focus on the music industry in sub-Saharan Africa. The paper will begin by defining key terms used and then give a broad background of international business and globalisation. The paper will then narrow its focus to the business context within which it will define risks and uncertainties. Each type of risk is expounded upon within the context provided and a conclusion made. DEFINITION OF KEY TERMS Credit Risk: (also called default risk) the risk of non-payment or uncertainty associated with payment of financial obligations when they are due. Foreign Direct Investment (FDI): Any investment abroad in which the company being invested in is controlled by a foreign entity or corporation. Foreign Exchange Risk: The risk of loss or money depreciation through change in currency exchange rates between the host country and country of origin of foreign investment. Interest Rate Risk: Uncertainty associated with changes in interest rates. Location Risk: These are spillover or contamination effects created by challenges or problems specific to the region in which a country is in. Piracy: The act of misuse of other peoples intellectual property. Pirate: Someone who uses anothers intellectual property as if it were his own. Political Risk: Actions by groups of people or governments which have the potential to affect the immediate or long term viability of a firm. Price Risk: Uncertainty associated with potential changes in the price of an asset cause by changes in interest rate levels and rates of return in the economy. Pure Risk: The type of risk which only offers the potential for loss but never results in gains. Risk: The likelihood of an occurrence of an outcome which is disadvantageous or harmful. Sovereign Risk: This is the risk that the government or one of its agencies will refuse to honour agreed terms of a loan agreement whenever the situation makes it arduous or undesirable for it to pay. Speculative Risk: The type of risk which offers both the potential for gain and the potential for loss. Systematic Risk: Risk which influences a large number of assets and which are impossible to prevent such as political events or acts of nature. Also called market risk. Talent: Someone with an exceptional ability. Uncertainty: The quality of human knowledge or information concerning risk. Unsystematic Risk: (Specific Risk): Risk which affects a very small number of assets or which is specific to a company such as a lockout at a recording studio. Visibility: The level of exposure to public scrutiny offered by such factors as a good marketing strategy. INTERNATIONAL BUSINESS AND GLOBALISATION The term international business is concerned with the exchange of goods and services between individuals, groups and organizations in two or more countries. It includes all cross-border transactions between nations with commercial or political value, both by government and by private entities. Although globalisation is a complex construct to measure, it is widely acknowledged that much of the worlds business is either crossing borders and becoming global, uses imports in its manufacturing and/or supply or competing with foreign products in the same industry. Globalisation is a force that simply cannot be ignored. For purposes of clarity and due to differences in academic opinion on the subject, a working definition of globalisation for this paper will be derived from Hamilton and Webster (2009): Globalisation involves the creation of linkages or interconnections between nations. It is usually understood as a process in which barriers (physical, political, economic, cultural) separating different regions of the world as [sic] reduced or removed, thereby stimulating exchanges in goods, services, money, and people (Hamilton Webster 2009, p.5). The concept of globalisation acknowledges a world evolution into a global village where activities in one part influence and have marked significance over those in other parts in a short space of time (Katsioloudes Hadjidakis, 2007 p.366). Rapid technological advancement has undoubtedly improved connections between countries by expanding telecommunications, transportation services, government operations and general enterprise. There are, however, both strengths and weaknesses to be derived from the inexorable advancement of globalisation. Supporters of the concept argue that globalisation has brought about amazing dividends including a sharp fall in poverty; improved global health evidenced by an increased global life expectancy and a drop in infant mortality; a rise in global literacy; and an unprecedented wave of democratization (Ã…slund A Dabrowski M, 2008 p.3). THE CONTEXT THE MUSIC INDUSTRY The music industry is a blend of producers, promoters, talent, the musical art form, the product format and modes of distribution. Unlike in Western nations where big production studios such as SONY BMG, Motown Record Company, and Arista run the industry through music production, record sales, publishing and related merchandise, in many sub-Saharan African countries, the producers are entrepreneurs who more often than not exploit young and inexperienced talent to turn a profit. Returns to the local industry have been handicapped by piracy and the inability or unwillingness of governmental structures to protect intellectual property in itself a reaction to the growing rates of youth and graduate unemployment. The music industry in the region has therefore experience limited growth until recent years. Today, advancement in music production technology, the internet, and the influence of multinational enterprises such as telecommunications giants like AIRTEL and MTN are reshaping the musical culture through intense exposure and multi-faceted advertising campaigns promising to deliver new and exotic musical forms to a global market characterised by quick and ready consumption for innovative and new products. Through this economic globalisation, a new musical culture is emerging, and relatively unexposed classical and contemporary musical art forms in sub-Saharan Africa are beginning to enjoy global exposure. The advantages which the music industry in Africa has to offer are in the uniqueness of the product offering, the vast array of products or individual artistes with individual music and dance styles, and the novelty of the African experience. The Product Life Cycle (PLC) theory explains that the growth stage of international products is characterised by fast growing demand. From an analysis of the music industry in Africa, one could argue that it is rejuvenated into a growth phase in a new product cycle. There is evidence of demand for the new African musical product from such groups as Africans in the diaspora, African Americans, and art lovers from diverse cultural backgrounds. This can be said to be the justification behind the consistent exchange of musical artists between Africa and the West in corporate promotions of international telecommunications giants including Airtel, MTN, Orange and Safaricom in several sub-Saharan African countries. One could similarly argue that since the election victory of Barack Obama, the first US president of African parentage, African American entertainment moguls wishing to identify with the motherland have been creating opportunities for more interaction between Africa and North America in music and film. Film and music festivals such as the Zanzibar International Film Festival (ZIFF), African movie Academy Awards (AMAA), the MTV African Music Awards (the MAMAs), have been consistently attended by American stars of African descent in an effort to increase the involvement and presence of the American entertainment industry (a global leader in the field). Other Awards in the north such as the Music of Black Origin Awards (MOBOs) and the Pan African Film Festival (PAFF) have been striving to acknowledge and recognise African talent in order to spread awareness of the budding industry. One of the reasons why organizations engage in international business is to minimize risk by securing their product in a market with an expanding economy or to counter the strategies of competitors (Daniels, Radebaugh, Sullivan, 2009, p.60). When establishing operations abroad, however, a company also exposes itself to certain types of risk. In making an incursion into a foreign market, music businesses are often faced with several unknowns which are highlighted under types of risk. RISK AND UNCERTAINTY Both risk and uncertainty are factors which inherently influence corporate, strategic and tactical decision making in firms. Risks are calculable or known premises of the probability of having an undesirable outcome. They are a combination of the probability of occurrence of hazards and the magnitude or impact of their likely consequences. People who make decisions always have a certain level of knowledge about risks they take. The music producer, for instance, understands the risk of piracy in his immediate environment and the impact it may have on his ability to turn a profit from the music business, or he may understand the risk taken on investing in and promoting hitherto unproven talents in the industry based on mere intuition. The tolerability of risk is the willingness of a subject to live with a certain level of risk in exchange for some certain benefits. While the risk of competing with pirates who have minimal production and set-up costs may be high, the trade-off is often industry visibility for the product which enables the producer or label to get beneficial contracts for live and sometimes international music events. Further risks faced by the music industry in an effort to globalise are outlined below under risks faced by the industry. Uncertainty, on the other hand, is the situation in which the decision maker has no precise knowledge of the probability of occurrence of different states of outcome. The decision maker, in essence, has no predictive knowledge of the probability of any form of outcome. The music producer may be largely uncertain whether his or her product or talent is suitable for a market which has a different cultural context which may include a language barrier. He will also probably be uncertain about whether there will be a terrorist attack (a political risk) at any one of the shows organised for the benefit of promoting his talents abroad, even though he may be warned in advance of the risk of a cyclone and other forces of nature. TYPES OF RISK Risks may be typified along several different and distinct lines but due to volume restrictions and for the purposes of this paper we shall be examining the typologies listed below: Country risk Political risk Transfer risk Economic risk Foreign exchange risk Location risk 1. Country risk All businesses which transcend borders become exposed to a certain measure of risk which is not present in their domestic activities and transactions and these are known as country risks. In the narrower view of the concept, country risk is defined as à ¢Ã¢â€š ¬Ã‚ ¦ risk that a country will not be able to honour its financial commitments (Katsioloudes Hadjidakis, 2007 p.185-6). In the broader context, however, country risk analyses are general aggregates of sub-risk factors present within the country. They may be calculated and form the basis on which to determine the desirability of choosing a country upon which to invest. For instance, countries which favour external investments and remove restrictive trade barriers are normally considered to be safe ground for foreign direct investment. By and large many third world countries like those of sub-Saharan Africa have not got the best end of the globalisation bargain (Waters, 2001 p.45) Due to usual high levels of uncertainty, country risk is not always easily calculated. However, some practitioners calculate country risk by dividing it up into sub-categories of risk which are then aggregated. These usually include: political risk, economic risk; transfer risk; foreign exchange risk; location risk; sovereign risk. According to current country risk ratings, Norway as the country with the least risk for investment (http://en.wikipedia.org/wiki/Country_risk). 2. Political Risk Political risks include all risks associated with the actions of government especially those to do with the legal dimension, relationships between countries, and security of investments. As with every other facet of business, political risks influence the music industry and the feasibility of globalisation. The African music and entertainment industries desire to move into Asia and North America because of the influence, technology and financial pull of Bollywood in India and Hollywood in the USA. Countries such as Pakistan, Afghanistan, Iraq are not ideal destinations due to political turmoil and the potent risk of loss of life, property or investments there. Other countries with an Eastern or socialist inclination are not attractive to those with capitalist orientations. In order to avoid fallouts of a political nature in investing in a global music enterprise, those in the African music industry simply need to do some country research to acquire relevant information about political stability and diplomatic relations between the country of potential investment and the country of the investors origin. There are a variety of web-based services which offer information on countries via country reports. The probability of travel restrictions barring temporary immigration or work based travel and visa denials due to stringent conditions are also elements of a political nature whose risks need calculation before any major investment can be made. 3. Transfer risk Sometimes the country of an individual who borrows money in an investment restricts the ability of people in that country to buy foreign exchange. The impact of this is that the borrower may not be able to meet his/her obligations to repay in foreign currency the currency of the borrowed amount. The risk of this occurring is normally known as transfer risk and because of the role of government in this type of risk; it is also a type of political risk. This risk is mostly present in countries where democracy is not the system of government. 4. Economic Risk Economic risk in the context of globalisation is the risk that the investment will be economically unsustainable. Variations in different financial inputs and outputs of the enterprise need to add up to ensure that the risk of fallout is checked. In the music industry, when the investment in an artist in terms of publicity and promotion, training and logistical costs are predicted not to be able to be offset by predicted future sales from the work of the artist, then it can be said that the economic risk is too high and it is not a good or advisable investment. 5. Foreign Exchange Risk This is also known as exchange rate risk or currency risk. It is the risk of change of the value of an investment due to fluctuations between exchange rates of the currency of the investor and the currency of the host country for the investment. The possible adverse effect of foreign exchange risk is that the investment may become more expensive as a result of unprecedented changes in currencies which are outside the control of the investor. A music producer who invests in a product for sale in a foreign market will be happy if the value of the foreign currency appreciates against the value of his local currency as that would mean increased profits for him. The foreign exchange market is highly volatile and predicting the direction of foreign exchange movement a guessing game. Many foreign buyers prefer to avoid this risk by trading in their local currency. 6. Location Risk Location risks are risk factors associated with the political neighbours of a country or region. Certain states in North America which border Mexico are affected by illegal immigration and have concerns to do with illegal migrant workers; the political dynamics of such countries as Tunisia affects that of similar or neighbouring countries such as Egypt and Libya as evidenced by the recent revolts (in the first quarter of 2011). RISK RETURN TRADE-OFF The risk-return trade-off principle holds that low risk levels are associated with low potential returns while where high risks exist; the possibility of high returns looms large. This is why even when the country risks are great, firms may decide to take on the challenge of investing nevertheless, often prompted by the need to defend against the prospect of the companys competitors taking the initiative. For example, in the music and entertainment industry, many North American artistes used to shun the Middle East as a suitable showground due to the notion that Middle Eastern ideologies and Islamic values predominant in the culture there were inconsistent with the entertainment requirements of unrestricted freedom of expression. However, in an unprecedented turnaround, Middle Eastern cities such as Dubai are fast becoming a favourite of artistes since big artists like Michael Jackson took the plunge of tapping into the market in the 1990s. OTHER RISKS FACED BY THE INDUSTRY Polycentrism may influence the art form of the music talent. Polycentrism works through the belief of foreign business units of trying to act local. Artists and producers are often strongly influenced by the local culture of the foreign environment of investment by sub-elements of personality including the language, dressing, use of available musical instruments and technology, and the musical art itself. Socialization of this nature may cause irreparable modification to the art they offer and the image they normally portray, a product exported for its original nature. This may later influence the potential of the talent to remain intellectually authentic the musical talent in some instances may be accused of no longer sounding African or of losing authenticity. SUGGESTED STRATEGY OF INCURSION INTO THE FOREIGN MARKET Based on the factors examined it is advisable for investors in the music industry to seek partnerships with foreign counterparts in selling the unique products of African traditional and contemporary musical art in a globalised setting. Just as local food is internationalised by countries such as Italy, Japan and the US in entities such as MacDonalds, single entrepreneurs can expand the musical product in clubs which offer African musical content with renewable, trainable talent acting as the products on offer. The risk from competition, while challenging, helps organizations focus their energies on quality strategies of survival or market expansion. Due to the challenges inherent in integrating into a foreign market, foreign firms must enhance the process of their integration into local markets as a matter of necessity. This can be done by recruiting locals and learning the language and culture (Daniels, Radebaugh, Sullivan, 2009, p.505) among other integration strategies. CONCLUSION The paper has outlined the concepts of risk and uncertainty in the global arena within the context of the incursion of a local business. The sub-Saharan African perspective has been brought to bear on the analysis. The paper highlighted the difference between risk and uncertainty showing their relationship to one another and giving examples on each of the concepts. The paper has also looked at ways in which a firm in the music and entertainment industry may benefit from globalisation. Comparisons were made between the African music industry and other globalised franchises in the world such as MacDonalds in suggesting a useful model which may be simulated.

The Spanish-American War :: American History Essays Spain Papers

Throughout history, there have been many wars that have been caused by many different reasons. Also, the effects of the wars may greatly impact, good or bad, either side of the fight. One great war in history of the United States was the Spanish-American War of 1898. The Spanish-American War was caused by many things. The war has left a lasting effect of both countries involved, the United States and Spain. Both Spain and the United States were greatly impacted by the war. The Spanish-American War was not started by one thing in particular. It was because of a large amount of reasons that built up until it erupted in war. It started with the explosion of the USS Maine. When Spain sent in General â€Å"Butcher† Weyler to stabilize the situation in Cuba, he put the majority of the population into concentration camps. The US sent the Maine to protect its investments there. The USS Maine was on a â€Å"friendly† mission to wait and rescue any US citizens that may be hurt in the conflict. At 4:40 pm on February 15, 1898, the Maine exploded and sank in Havana Harbor. The source of the explosion was not known. Some thought that it may have been from a Spanish mine. Others thought there may have been a spy on board the ship sent to destroy it. Even though the United States said it might have been an accident on board, the US citizens were sent into a frenzy by â€Å"yellow journalism† that was published by men like Pulitzer and Hearst. The information posted by these yellow journalist increased the anti-Spanish feelings and made more and more people favor war. Also, when Congress passed the Fifty Million Dollar bill, which gave the president 50 million dollars to prepare for a war before it is declared, it made people more and more ready for a war and it also made them support it. Many countries in Europe tried to intervene in the situation without actually getting involved into the conflict. Most of Europe expressed sympathy for Spain and tried to talk to the US, but they would not support Spain in the conflict or in the event of a war. Also, Great Britain supported the United States all through the war and gave them advice. The two countries became uneasy as they both began to prepare their army and navy for a war in the sea and on land.

Scots Law of Contract

All of the case studies are concerned with the Law of Contract, specifically the formation of a contract and the differences between an invitation to treat and a contract. We will investigate each consumers’s specific contract or lack thereof individually and advise Bruce on his legal position. A contract is an agreement between two or more parties which in Scotland does not need to take a specific form, as a spoken agreement is still equally as enforceable as a written contract in certain circumstances such as in most social and domestic arrangements.A contract creates a legally binding bond between the parties involved. Contracts are made everyday sometimes without even realising it from buying a coffee to buying a house. A contract is formed bilaterally when an offer has been unconditionally accepted by all parties involved leading to consensus in idem and is not to be confused with a promise which is a unilateral agreement requiring only one party to make the promise. In B ruce’s case some of the customer’s mentioned have not actually entered into a contract but rather have either received an offer or an invitation to treat.An offer unlike a contract is not legally enforceable but rather an invitation to enter into a contract and an invitation to treat is not an offer but rather an invitation to make an offer. In the case of Carlill v Carbolic Smoke Ball Company (1893) The Carbolic Smoke Ball Company released an advertisement stating that a ? 100 reward would be paid to any person who contracted influenza, colds or any disease caused by taking cold, after having used the ball three times daily for two weeks according to the printed directions supplied with each ball.Despite the claims one of the companies customers Mrs Carlill caught the flu and sued the Carbolic Smoke Ball Company for the ? 100 they refused to pay her stating that their advert was in fact a legally binding contract which she had accepted by purchasing the product. The a bove case could be applied to Bruce as his failure to properly state the conditions in his advertisement will result in him having to honor his original promise of selling the â€Å"Slow Patrol† CD to as many customers as ave a flyer at the price stated on the advert. Although most modern adverts are treated as an invitation to treat this particular advert would be considered a unilateral promise as Bruce has promised to sell the CD to anyone who produces the flyer at the price of ? 1. 99. Unlike an offer a promise is the product of one persons intention and no acceptance is needed to create a binding contract where as an offer can be revoked until agreed upon.If Bruce had not put such specific terms in the advert simply offering the product at the wrong price he could have claimed it was an invitation to treat but as it stands Bruce is legally obligated to follow through with his unilateral promise. To quote the court in regards to Hunter v General Accident Fire and Life Ass urance Corporation (1909) â€Å"†¦ when a general offer addressed to the public is appropriated to himself by a distinct acceptance by one person, then it is to be read in exactly the same was as if it had been addressed to the individual originally. In the case of Wolf and Wolf v Forfar Potato Co Ltd (1984) Forfar sent a telefax to Wolf & Wolf offering to sell potatoes at a specific price but the offer was only valid until 5pm the next day Wolf & Wolf replied accepting the offer but with extra conditions to which Forfar did not accept and when Wolf & Wolf later tried to accept the original offer there was no reply by Forfar and the potatoes were not sent. Wolf & Wolf sued arguing that Forfar were in breach of contract.The court held that Wolf & Wolf’s first â€Å"acceptance† was a counter offer and due to the law in Scotland this had rejected Forfar’s offer and put in place a new offer which Forfar had rejected as Forfar’s offer had lapsed upon rej ection Wolf & Wolf’s second attempt at accepting the original offer could not result in a contract being made as it was a new offer which Forfar had chosen not to accept therefore no contract existed between the parties.The area of Law concerned in this case is The Law of Contract specifically relating to the revocation of an offer and counter offers. The case Wolf and Wolf vs Forfar Potato Co Ltd (1984) directly links to the case between Bruce and Ken. As Bruce is once again dealing with the Law of Contract specifically the non-acceptance of an offer, he is under no legal obligation to sell Ken the rare vinyl at the original price of ? 40. When Ken rejected he original offer he created a counter offer which in Scots law is a completely new offer and caused Bruce’s original offer to lapse and was up to Bruce to decide wether or not to accept the new terms, after Bruce rejected the counter offer all offers between Bruce and Ken had lapsed. When Ken came back insisting t hat there was a contract between them and he was entitled to the album Bruce was in fact under no legal requirement to give Ken the vinyl as all offers had lapsed and no contract existed between then.In the case of Fisher v Bell (1961) a shopkeeper had displayed a flick-knife in his window with a price tag next to it but under the restriction of Offensive Weapons Accontents Restriction of Offensive Act (1959) it was illegal to sell hire or offer to sell or hire any knife which had a blade that opened automatically, on December 12 1959 the shopkeeper was brought to trial alleging that the defendant had broken the law by offering to sell the knife in his shop.The shopkeeper was acquitted on the basis that by displaying the knife it was an invitation to treat and not an offer to sell. In regard to Stella we are once again dealing with the Law of Contract specifically relating to an invitation to treat rather than an offer. When Stella was trying to purchase the CD for the advertised pr ice of ? 1. 39 instead of ? 13. 99 she in fact had no legal authority to do so as the price offered was an invitation to treat and not a contract but rather an invitation to enter into one.The contract is not created until a price is agreed and the item has been paid for. Stella is basically making Bruce and offer to pay ? 1. 39 for the CD as that is what it has been advertised as and by Bruce not accepting the offer due to a mislabeling issue a contract has not been formed. As in the case of Fisher v Bell (1961) just because there is a price tag next to an item or on an item the establishment is under no obligation to sell at said price.In conclusion in regard to the first legal question Bruce is legally bound to sell the Album at the price stated in the advert as it was a unilateral promise which is legally binding contract and not able to be revoked like a offer. In regards to Ken after he counter offered Bruce’s original offer to buy the rare vinyl Bruce was no longer und er any legal obligation to sell the rare album to Ken as the offer had lapsed meaning no contract was in place.Finally Stella is unable to take legal action against Bruce and Bruce does not have to sell the CD to Stella at the advertised price and it was an invitation to treat and not an offer and although the two are similar when dealing with an invitation to treat rather than an offer there is no liability to accept. CITATIONS Carlill v Carbolic Smoke Ball Company (1893) Wolf and Wolf v Forfar Potato Co Ltd (1984) Hunter v General Accident Fire and Life Assurance Corporation (1909) Fisher v Bell (1961) BIBLIOGRAPHY Black, G (Editor) – Business Law in Scotland 2nd edition Crossan & Wylie – Introductory Scots Law 2nd edition Scots Law of Contract All of the case studies are concerned with the Law of Contract, specifically the formation of a contract and the differences between an invitation to treat and a contract. We will investigate each consumers’s specific contract or lack thereof individually and advise Bruce on his legal position. A contract is an agreement between two or more parties which in Scotland does not need to take a specific form, as a spoken agreement is still equally as enforceable as a written contract in certain circumstances such as in most social and domestic arrangements.A contract creates a legally binding bond between the parties involved. Contracts are made everyday sometimes without even realising it from buying a coffee to buying a house. A contract is formed bilaterally when an offer has been unconditionally accepted by all parties involved leading to consensus in idem and is not to be confused with a promise which is a unilateral agreement requiring only one party to make the promise. In B ruce’s case some of the customer’s mentioned have not actually entered into a contract but rather have either received an offer or an invitation to treat.An offer unlike a contract is not legally enforceable but rather an invitation to enter into a contract and an invitation to treat is not an offer but rather an invitation to make an offer. In the case of Carlill v Carbolic Smoke Ball Company (1893) The Carbolic Smoke Ball Company released an advertisement stating that a ? 100 reward would be paid to any person who contracted influenza, colds or any disease caused by taking cold, after having used the ball three times daily for two weeks according to the printed directions supplied with each ball.Despite the claims one of the companies customers Mrs Carlill caught the flu and sued the Carbolic Smoke Ball Company for the ? 100 they refused to pay her stating that their advert was in fact a legally binding contract which she had accepted by purchasing the product. The a bove case could be applied to Bruce as his failure to properly state the conditions in his advertisement will result in him having to honor his original promise of selling the â€Å"Slow Patrol† CD to as many customers as ave a flyer at the price stated on the advert. Although most modern adverts are treated as an invitation to treat this particular advert would be considered a unilateral promise as Bruce has promised to sell the CD to anyone who produces the flyer at the price of ? 1. 99. Unlike an offer a promise is the product of one persons intention and no acceptance is needed to create a binding contract where as an offer can be revoked until agreed upon.If Bruce had not put such specific terms in the advert simply offering the product at the wrong price he could have claimed it was an invitation to treat but as it stands Bruce is legally obligated to follow through with his unilateral promise. To quote the court in regards to Hunter v General Accident Fire and Life Ass urance Corporation (1909) â€Å"†¦ when a general offer addressed to the public is appropriated to himself by a distinct acceptance by one person, then it is to be read in exactly the same was as if it had been addressed to the individual originally. In the case of Wolf and Wolf v Forfar Potato Co Ltd (1984) Forfar sent a telefax to Wolf & Wolf offering to sell potatoes at a specific price but the offer was only valid until 5pm the next day Wolf & Wolf replied accepting the offer but with extra conditions to which Forfar did not accept and when Wolf & Wolf later tried to accept the original offer there was no reply by Forfar and the potatoes were not sent. Wolf & Wolf sued arguing that Forfar were in breach of contract.The court held that Wolf & Wolf’s first â€Å"acceptance† was a counter offer and due to the law in Scotland this had rejected Forfar’s offer and put in place a new offer which Forfar had rejected as Forfar’s offer had lapsed upon rej ection Wolf & Wolf’s second attempt at accepting the original offer could not result in a contract being made as it was a new offer which Forfar had chosen not to accept therefore no contract existed between the parties.The area of Law concerned in this case is The Law of Contract specifically relating to the revocation of an offer and counter offers. The case Wolf and Wolf vs Forfar Potato Co Ltd (1984) directly links to the case between Bruce and Ken. As Bruce is once again dealing with the Law of Contract specifically the non-acceptance of an offer, he is under no legal obligation to sell Ken the rare vinyl at the original price of ? 40. When Ken rejected he original offer he created a counter offer which in Scots law is a completely new offer and caused Bruce’s original offer to lapse and was up to Bruce to decide wether or not to accept the new terms, after Bruce rejected the counter offer all offers between Bruce and Ken had lapsed. When Ken came back insisting t hat there was a contract between them and he was entitled to the album Bruce was in fact under no legal requirement to give Ken the vinyl as all offers had lapsed and no contract existed between then.In the case of Fisher v Bell (1961) a shopkeeper had displayed a flick-knife in his window with a price tag next to it but under the restriction of Offensive Weapons Accontents Restriction of Offensive Act (1959) it was illegal to sell hire or offer to sell or hire any knife which had a blade that opened automatically, on December 12 1959 the shopkeeper was brought to trial alleging that the defendant had broken the law by offering to sell the knife in his shop.The shopkeeper was acquitted on the basis that by displaying the knife it was an invitation to treat and not an offer to sell. In regard to Stella we are once again dealing with the Law of Contract specifically relating to an invitation to treat rather than an offer. When Stella was trying to purchase the CD for the advertised pr ice of ? 1. 39 instead of ? 13. 99 she in fact had no legal authority to do so as the price offered was an invitation to treat and not a contract but rather an invitation to enter into one.The contract is not created until a price is agreed and the item has been paid for. Stella is basically making Bruce and offer to pay ? 1. 39 for the CD as that is what it has been advertised as and by Bruce not accepting the offer due to a mislabeling issue a contract has not been formed. As in the case of Fisher v Bell (1961) just because there is a price tag next to an item or on an item the establishment is under no obligation to sell at said price.In conclusion in regard to the first legal question Bruce is legally bound to sell the Album at the price stated in the advert as it was a unilateral promise which is legally binding contract and not able to be revoked like a offer. In regards to Ken after he counter offered Bruce’s original offer to buy the rare vinyl Bruce was no longer und er any legal obligation to sell the rare album to Ken as the offer had lapsed meaning no contract was in place.Finally Stella is unable to take legal action against Bruce and Bruce does not have to sell the CD to Stella at the advertised price and it was an invitation to treat and not an offer and although the two are similar when dealing with an invitation to treat rather than an offer there is no liability to accept. CITATIONS Carlill v Carbolic Smoke Ball Company (1893) Wolf and Wolf v Forfar Potato Co Ltd (1984) Hunter v General Accident Fire and Life Assurance Corporation (1909) Fisher v Bell (1961) BIBLIOGRAPHY Black, G (Editor) – Business Law in Scotland 2nd edition Crossan & Wylie – Introductory Scots Law 2nd edition

Mergers and Acquisition - 939 Words

Currently, in the world of growing economy and globalization, many businesses on both domestic and international marketplaces struggle to achieve the best market share. Every day business people from top to lower management work to achieve a common goal, being the best at what you do, and getting there as fast as possible. As companies work hard to beat their competitors they accept many tactics to do so. As for my assignment, I have chosen to examine why Disney and Pixar merged as a company. A brief definition of an Acquisition and a merger will be given following with the difference between them. I will be discussing if these two companies were a success or a failure and why and which were their reasons behind this statement. A†¦show more content†¦Ã¢â‚¬ ¢The timing was also perfect for Disney, as its own animation films were failing. †¢The deal brought the technology company Apple closer to Disney. †¢The decrease in competition is another motive for Disney. Pixar †¢ For Pixar it was a good move to face competitors like DreamWorks 20th century fox. †¢The deal gave Apple iTunes more video content to offer. †¢ Pixar can focus on its core strengths of producing the computer animation and does not have to invest in production line for making a market and home entertainment. On January 24, 2006, Pixar Animation Studios and The Walt Disney Company entered into a merger agreement. Disney was offering 2.3 shares of its stock for each Pixar share. That’s a 3.8% premium on Pixar’s closing price of $57.57 (2006). The transaction would project Steve Jobs, who was the majority shareholder of Pixar with 51%, to Disney’s largest individual shareholder with 7% and a new seat on its board of directors. The Disney Pixar merger represents a great example of how necessary synergies should be created for success through the right process, even though the two companies had a very different culture. Pixar was a relatively smaller organization with an open culture. Disney on the other hand was a huge corporation, which followed a hierarchical management structure. References †¢Show MoreRelatedMergers : Merger And Acquisitions Essay1023 Words   |  5 PagesMergers and acquisitions have been prevalent amid companies in the United States for decades. Many believed that merger and acquisition strategies played a critical in the rebuilding of companies domestically three to four decades ago and continue to produce the same benefits today. Merger and acquisitions are used by companies to produce greater worth for stockholders and shareholders. Mergers involve a minimum of two establishments partnering together to form a more effective and efficient companyRead MoreMerger And Acquisition Of A Merger1962 Words   |  8 PagesA merger takes place when two companies joint together to form a single company. 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