The acquisition of additional business activities at the same level of the value chain is referred to as horizontal integration. This form of expansion contrasts with vertical integration by which the firm expands into upstream or downstream activities. Horizontal growth can be achieved by internal expansion or by external expansion through mergers and acquisitions of firms offering similar products and services. A firm may diversify by growing horizontally into unrelated businesses. Some examples
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24-Feb-03 Issue: $500 million fraud What: Global food retailer with over 9‚000 stores and 278‚000 employees in 4 continents 2002 Sales -72 billion Euros up from 66 billion in 2001 Current outstanding loans of 13 billion euros due to 7 years of acquisitions People: Cees Van der Hoeven – CEO since 1993 (joined Ahold’s executive boar as CFO in 1985) Michiel Muers 1997 – CFO graduated in business studies and economics Jim Miller – USF CEO Company: Royal (Koninklijke) Ahold Holland – publicly traded
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considers interactive methods to be the most effective ones. They involve a collection of more than 100 teaching strategies that aim to engage students in studying process. Most of them encourage the natural acquisition of language‚ not learning. There is an important distinction between language acquisition and language learning. Children acquire language through a subconscious process during which they do not study grammatical rules. The same as they acquire their first language. Acquiring language‚ the
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15442: INTERNATIONAL BUSINESS FINANCE Lecturer: Dr John Cadle: Cross Border Acquisitions: When Saint-Gobain acquires BPB Student ID: 797300 Length: Approx.3000 words OUTLINE Executive summary P3 Introduction: When Saint-Gobain acquires BPB P4 Synergies thought to be gained from such acquisition P5 Operational synergies P5 Financial synergies P7 The valuation of such acquisitions ( methods and problems) P9 Valuation of the current value of the target company
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Krashen’s Theory of Second Language Acquisition He affirmed‚ “language acquisition‚ first or second‚ occurs when comprehension of real messages occurs‚ and when the acquirer is not ‘on the defensive’... Language acquisition does not require extensive use of conscious grammatical rules‚ and does not require tedious drill. It does not occur overnight‚ however. Real language acquisition develops slowly‚ and speaking skills emerge significantly later than listening skills‚ even when conditions
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Second Language Acquisition What is Second Language Acquisition? In second language learning‚ language plays an institutional and social role in the community. It functions as a recognized means of communication among members who speak some other language as their native tongue. In foreign language learning‚ language plays no major role in the community and is primarily learned in the classroom. The distinction between second and foreign language learning is what is learned and how it is
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A report on the growing market of mergers‚ acquisitions‚ and restructurings in the corporate world. Roll No – A3906407G43 Enrolment No – A3906407403 Sudhanshu Gupta | Final Report Guided By – Mrs. Kavitha Menon July 21‚ 2008 | CORPORATE RESTRUCTURING | ACKNOWLEDGEMENT I wish to acknowledge my deep gratitude to Mrs. Kavitha Menon for her valuable guidance‚ wise suggestions‚ mellow criticism & above all unflinching moral support throughout the work. I wish to thank all the library
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to the deal‚ if possible. They should have given employees plenty of time to provide feedback about the deal and make personal and career arrangements‚ if necessary. Any type of change is challenging for most employees‚ and being part of an acquisition or merger can be especially stressful. The uncertainty of whether you will even have job six to 12 months in the future is stressful enough without having to learn a new culture and establish new relationships with those at the new company. Most
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Summary of Reading Recount 1: The main goal of this research is to find out if the acquisition is the source of uncertainty for employees. Many mergers tend to create anxiety‚ pressure‚ uncertainty‚ which increases their intension to leave the company. The research was conducted in two factories in manufacturing industry. One of them is located in Midwest and the other in Southwest. The study started by using Baseline Survey‚ the next 4 weeks the merger was announced. The following 2 weeks’‚ 2nd
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POST MERGERS HR AND CULTURAL ISSUES The post liberalization period was of mergers and acquisitions and still it is continuing as a strategic driver for market dominance‚ geographical expansion‚ leverage in resource and capability acquisition‚ competence‚ adjusting to competition. M&As are strategic alliances. People Management plays a critical role in M&A. People [pic]issues like staffing decision‚ organizational design‚ etc.‚ are most sensitive [pic]issues in case of M&A negotiations‚ but it
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