RATIONALE BEHIND M&A Motives There are two types of motives involved in merger and acquisition and these are Explicit and Implicit motives. Explicit Motives • Synergy: Synergy means that the merged firm will have a greater value than the sum of its parts as a result of enhanced revenues and the cost base. • Economies of Scale: Economic of scale refer to the reduction in unit cost achieved by producing a large volume of a product. Horizontal mergers aim at achieving economies of scale. This
Premium Mergers and acquisitions Strategic management Vertical integration
* “ A penny saved is a penny earned.” People do not realize that their is a history behind the changes of the penny. For instance Americans wanted to honor Lincoln’s birthday‚ but some Americans complained about the initials being too big‚ another reason for change was during World War II America needed supplies to use for battle. There is a history behind the penny that many people are unaware of. To begin with‚ the penny was changed due to Lincoln’s birthday. According to the text‚ “The strong
Premium World War II United States World War I
Audrey Hamblen Victoria Anderson AP U.S. History August 14‚ 2014 Motives‚ Problems‚ and Rewards of European Exploration European expansion in the 1400’s was an unforeseen event that changed everything. This age endowed Europe to control something it never thought it could. With the persuasion of firm motives‚ the Europeans and their countries endured troublesome problems and prospered with advantageous rewards during the age of exploration and expansion. What provoked European countries
Premium Europe Age of Discovery
Corporate veil Introduction With the contemporary appreciation of the separate entity principle in courts‚ it has become increasingly difficult to predict the outcome of cases with precision as in the case of Salomon v. Salomon & Co Ltd (1897). Separate corporate personality has been firmly recognized by common law after the verdict given in the case of Salomon v. Salomon & Co Ltd (1897). It was confirmed that a corporation has legal right‚ personality‚ and obligations completely divergent
Premium Corporation
CORPORATE FINANCE Master in Banking and Finance 2012 FINAL EXAM A. PROBLEMS (20 points each problem) 1. FAGE Manufacturing is currently an all-equity firm with 20 million shares outstanding and a stock price of $7.50 per share. Although investors currently expect FAGE to remain an all-equity firm‚ the company plans to announce that it will borrow $50 million and use the funds to repurchase shares. FAGE will pay interest only on this debt‚ and it has no further plans to increase or decrease
Premium Finance Corporate finance Stock market
which is based on the financial success of the unit he is responsible for. An Intrapreneurship or intrapreneur is someone who works within a company to develop an idea into a workable product. Like an entrepreneur‚ an intrapreneur is driven‚ motive‚ creative‚ and able to think outside of the box. He or she must be able to examine an idea‚ identify its merits‚ and work on developing the idea into something workable in the real world. Intrapreneurs learn from their experiences as they develop
Premium Entrepreneurship Entrepreneur
Exclusion or social isolation. Being shouted at or being humiliated. Being the target of practical jokes. Excessive monitoring. What is Corporate/Institutional Bullying? Corporate/institutional bullying occurs when bullying is entrenched in an organization and becomes accepted as part of the workplace culture. Many bullying situations involve employees 1 Corporate/institutional bullying can manifest itself in different ways: • Placing unreasonable expectations on employees‚ where failure to meet
Premium Abuse Bullying Employment
No Child Left Behind Act De’Vaka Newton Ashford University: ENG 122 Instructor: Evan Halpine-Berger June 01‚ 2014 The No Child Left Behind Act is a legislation that was signed by President Bush whereas states would conduct student assessments annually in reading and math that are linked to state standards. It reveals the schools that are failing towards making progress and those that are excelling in reading and math. Many still believe that this legislation had good intentions
Free Education
policies in the two countries and represented a fundamental political change in the balance of power in the world during that time: a change that no one ever anticipated (Warner 2006‚ pp. 763-764). Questions are often asked regarding the real motives behind the United States’ attempt to mend relations with China. What would the U.S. gain by improving relations with this communist country? What did Nixon and Kissinger try to achieve by ‘opening China’? In this research essay‚ I will try to analyse
Free Cold War Vietnam War World War II
Question: Critically analyse the state of corporate governance in both the private and public sector in Zimbabwe. [100] Introduction The definition of corporate governance most widely used is "the system by which companies are directed and controlled" (Cadbury Committee‚ 1992). More specifically it is the framework by which the various stakeholder interests are balanced‚ or‚ as the IFC states‚ "the relationships among the management‚ Board of Directors‚ controlling shareholders‚ minority shareholders
Premium Corporate governance