Business environment Essay Example | Topics and Well Written Essays - 2250 words

Business environment - Essay Example Every other day in newspapers we see the news about spin off, takeovers, mergers and acquisition. For a successful development of a product or service, at some stage, it is essential to undergo mergers and acquisition. Many experts believe that mergers increase the efficiency and values of a firm and in this way, resources can be utilized in the best possible way, thereby increasing the overall value of shareholding. (The Basics of Merger and Acquisition, 2010) 1.1 What is a Merger? Merger is defined as amalgamation of two or more companies in order to form a single company where only one company survives and the amalgamated one lose their corporate existence. The company that intends to survives take overs all the assets and liabilities of those companies which have been merged. In merger, all the shareholding, assets and liabilities of one company is transferred to the company that has to survive in the form of: Debentures Equity share Cash Or mix of all of the above. (The Basics o f Merger and Acquisition, 2010) 1.2 What is Acquisition? In general, acquisition is defined as acquiring the ownership of a company. In the context of business, acquisition is a purchase of a company where the buyer purchases the shareholding, assets and liabilities of seller. ... Renovation of Product facilities Mergers and acquisition helps in intensively utilizing resources and plants, achieving economies of scales through expanding and efficiently utilizing production facilities. It also helps in after sales services and thereby improving customer satisfaction. iii. Market Expansion The most imperative advantage of merger and acquisition is that it helps in expanding the market and boosts growth of business. Mergers and acquisition helps in eliminating competition and offers new products and diversification strategies to the merged or acquired companies. iv. Financial Strength In history, many mergers and acquisitions have failed but in most of the cases, financial strength of companies after getting merged or acquired has increased. Mergers and acquisitions help in improving liquidity and provide access to the cash resources. Greater backing of assets is provided and gearing capability gets improved. By being merged or acquired, companies are in better po sition to avail tax benefits and the EPS (Earning Per Share) also gets improved. (Sobek, 2000) v. General Gains After merger and acquisition, a company gets in a position to improve its public image and it also attracts experienced managerial talents to look for its managerial affairs. M&As (Mergers and Acquisitions) help in offering better satisfaction to the users or consumers of its products. vi. Strategic Purpose The company which is going to acquire the other one looks for all the available alternatives including product expansion, market expansion, vertical expansion, horizontal expansion etc. Thus, the company sets it strategic purpose which

Drama Essay, Riders to the Sea Essay Example | Topics and Well Written Essays - 1000 words

Drama , Riders to the Sea - Essay Example In the end, she is left with only enough strength to stumble into her grave. Though painful and lacerating, Maurya’s suffering has been worthwhile. Her ultimate recognition of pain, and her acceptance of death as the irrevocable end of human existence does not compensate for her losses; but certainly, it  makes the losses appear meaningless in a broad human context: the  knowledge of life is available only to those  who have been chastened and purified by suffering. Maurya in the end negates life and accepts the ravages of the death. She becomes a stoic. She becomes a universal figure who can induce others to acquire â€Å"calm of mind, all passion spent†. This purgation of emotion comes after experience (Milton, 87). Death is undoubtedly a universal phenomenon but that should not mean one should be pessimistic about life. She is merely an old woman in a family of fishers on the barren and windswept Aran Island. The poor and illiterate Maurya is taught and enriched only by her experience. Her life has been marked by a series of bereavements. Her husband, father-in-law and all her six sons perish in the sea. When the play opens, we find her almost at the nadir of psychological setback. Michael has been missing for nine days and is possibly dead. Maurya is restless and laments continually. The readers find her confronting the mysteries of the unknown from whose bounds no traveler returns. Her sorrows and lamentations over Michael’s death is a poignant picture of loss and misery. She has acquired a strange, almost uncanny knowledge of premonitions. For years, she has looked at the sea and the sky, trying to figure out the set of the wind and the timings of the tide. For years, she has knocked at the doors of the impenetrable mystery of death, weeping and praying, This continuous mourning has taugh t her a few secrets to bear the misery of suffering and death if not champion them. Therefore, when Nora reports that the young priest has told her that