Mergers and Acquisitions Essay Example | Topics and Well Written Essays - 1500 words

Mergers and Acquisitions - Essay Example Man has always tried to conquer the unconquerable and do the undo able this is the same factor that drives the companies into the abyss of the unknown (Allan and Michael, 2010). In a bid to outdo and outsmart the competitors and get the upper hand of strategic advantages, companies cannibalise other companies or in some cases form understanding relationship. It is done either through merger and acquisition where one company either devours another one or decides to merge together and form a new entity (Andrews and Smith, 2006). A significant number of these mergers and acquisitions either goes smoothly whether the companies emerge victorious and successful in the process, while in other case the deal fails to get through, and the companies suffer massive financial damages (Debbage, 2004). a) Increased globalisation across the world has increased the number of across borders mergers and acquisitions around the world. The authors of the article named 'Dubious Logic of Global Mega-Merger s’, argue that most of the time the megamergers that take place, does not substantiate into something extra ordinary, as was thought to be. The article represents how the mega companies are still living under the shadows of the age old theory of the capitalists (Benner and Sandstrom, 2012). Most of the mighty and strong companies in and around the world strongly believe that the prevalence of one can only be guaranteed, if the prevalence of the others can be weakened. For example most of the big companies resort to constant and innumerable number of mergers and acquisitions in order to stay big and strong. The mergers and acquisitions have increased transfer of knowledge, transfer of resources, transfer of economy and even transfer of culture (Caoello and Gillesaie, 2003). This have helped to bridge the gap between the nations, between the companies and the between the various industrial sectors as well. So it can be argued that globalisation has led to concentration of compa nies (Chiefele, 2012). As companies engage in innumerable cases of mergers and acquisitions the length and breadth of the industry begins to get shortened. Thus slowly the industry begins to shrink and thus there remains only limited number of players. These players happen to call the shots. This argument is favoured by various researchers. Although the authors Cravens (2010) state that in reality there is no cause and effect relationship between globalisation and mergers and acquisitions. In fact globalisations after the World War II has lead to decreased concentration in certain industrial sectors. Companies engage in engage in merger and acquisition to take advantage of the economy of scale. Apart from that the other advantages are transfer of technical know-how, sharing of intellectual resources and other strategic advantages (Xu, 2000). The authors are right in their view that the history of merger and acquisitions is strewn with numerous failures but close review of the failur es will indicate that the failures were partly due to the management incompetency (David, James and Arthur, 2011). Due to incompetency, the management of the acquiring companies could not evaluate the exact economic value and the subsequent risks. Despite the fact that the history of mergers and acquisitions are riddled with innumerable failures but there are various successes stories also. The following table

Read Fast Food Nation. Identify the author's main argument. Find a Essay

Read Fast Food Nation. Identify the author's main argument. Find a theme that you plan to focus on in your analysis paper - Essay Example Down the way, the author reveals a load of thought-provoking and disturbing realities – the unscrupulous tie between fast food and the giant of Entertainment Industry and the transformations in the industry that have formed in the production of food products and the standard of culture. While the book is divided into two sections – â€Å"The American Way† and â€Å"Meat and Potatoes†, there is one theme that really that is showing up: convenience. As aforementioned, The Food Nation is divided into two sections. In â€Å"The American Way†, the author looks at the beginnings of the fast food industry within the framework of post World War II America. This describes how the idea of fast food cropped up and began to transform the food culture of America. In the â€Å"Meat and Potatoes†, the author investigates on the particular procedures of the fast food industry such as the development of the chemical flavoring, combination of spices and the li vestock production; the working conditions in related industries such as the poultry and the beef industries, and the worldwide perspective of fast food as an American way for imperializing the fast food industry. ... entertainment industry, particularly Hollywood, in raking more partakers of the industry; hence, a conversation between Ray Kroc and Walt Disney took place, pointing towards creating an integrated business model that would profit both industries. In this section of the book, the author also places a significant emphasis on the ideal and most effective methods of commercializing the food industry, that is, by targeting the kids’ population through Walt Disney’s advertisements.4 The Food Nation also touches on the role of the food industry in providing jobs to the American People: the fast food industry provides work for a large proportion of the American population (although most jobs pay low wages). Many fast food companies around the world are employing more employees than any other industry in America. This somehow implies of the growing fascination not just the American people but of the world population to the fast food industry. The contention of this review is the observation that the increasing attention to the food industry by the American people is driven by the deficiency of time. With the advent of the industrial era comes the continuing tightness and increasing workloads in the workplace, causing more time constraints on the part of the American people. In various sectors of the American society, the concern for time is much on an upward slope: there is a greater need for convenience in terms of eating and relaxation. Considering the fact the deficiency of time is already an issue, many people already prefer to eat outside; nevertheless, there are restaurants that are even worse in time consumption than cooking your food in the comfort of your own home. Some restaurants would take customers considerable amount of time before they can be served. This is