Friday, December 27, 2019

Personal Narrative- Varsity Volleyball Essays - 528 Words

Personal Narrative- Varsity Volleyball I first started playing volleyball at a very young age. I was in the seventh grade when my volleyball career started. My sister started playing in the seventh grade and I just wanted to follow her footsteps. My seventh grade year was ok because I had just started out and really didn’t know the game. There was A team and a B team, where A team was better than the B team. I tried my best to be on the A-team, but guess where I ended up, on the B team. No matter what team I was on I never gave up. I was so determined that my eight-grade year was going to be different. Sure enough, I ended up on the A-team in the eight-grade. I thought that was the most wonderful thing in the world; I though all†¦show more content†¦Once again I never gave up. Here comes high school. My friends and I from middle school all went to the same high school, and played volleyball once again. The only difference between us was when I was on the B team they were on the A-team, and when I was sitting on the bench they were playing. We got to high school and things didn’t change, they were on JV as a freshman, and little old me was still on the freshman team. I decided that for the next year they weren’t going to be better than I am. I worked so hard the summer going to my 10th grade year. I didn’t have a summer because I was always in the gym or working out. No one could tell me that I wasn’t going to be better. I can still remember it like it was yesterday, sitting in volleyball practice the first couple of days. It was the last day of the week and coach was handing out uniforms. She started off with the varsity team; she started calling names of the girls who was going to be on the varsity team. On that list guess whos name was on there, mine, and guess whose wasn’t, those girls that was always better than I was. I was a three-year varsity letterman through out high school. My volleyball career thought me a lot. On thing I can always remember was a certain bible verse, â€Å"I can do all things through Christ who strengthens me.† That verse stuck with me all through out my volleyball career and is still with me as I play in college. My me never giving up IShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesLeaders 399 Case Incident 1 Leadership Mettle Forged in Battle 400 Case Incident 2 Leadership Factories 400 13 Power and Politics 411 A Definition of Power 412 Contrasting Leadership and Power 413 Bases of Power 414 Formal Power 414 †¢ Personal Power 415 †¢ Which Bases of Power Are Most Effective? 416 †¢ Power and Perceived Justice 416 Dependence: The Key to Power 416 The General Dependence Postulate 416 †¢ What Creates Dependence? 417 Power Tactics 418 Sexual Harassment: Unequal Power in

Wednesday, December 18, 2019

Essay on Benefits of RFID in Supply Chain Management

Introduction Overview of Automatic Identification techniques used in SCM Automatic identification is a technique which is used as an identification method for keeping appropriate stock units in the supply chain management, uses technologies such as RFID, barcodes etc. (Automatic Identification and Its Role in Warehouse Management, 2013). Automatic identification is a process of automatically recognizing the items, gathering the information about them, and entering that information right into computers without human intervention (What is Auto-ID, 2013). This process can also include gathering of external information through images, sounds or videos, transforming it into a digital file and keeping this file for future use. In order to manage†¦show more content†¦They continuously emit radio frequency waves, which are capture by a receiver with a Radio Frequency antenna (Automatic Identification and Its Role in Warehouse Management, 2013). This antenna enables the chip to transfer the identification data to a reader. The reader then converts the rad io waves from the RFID tag into digital data that can be make use of by storing in the computers (What is Auto-ID, 2013). There are two types of RFID tags, RFID Active Tags Active RFID tags contain an internal battery that acts as a continuous power source. These tags require very low signal strength that can access up to a range of 100 meters and it can recognize thousands of tags at a time. These tags have an ability to read and write the data by storing up to 128kb of data (What is Auto-ID, 2013). RFID Passive Tags Passive RFID tags do not have an internal battery so they acquire power through the transmission of energy from radio frequencies that emit from a reader. Hence, in order to receive the power these tags have to be in the range of the reader and require very high signal strength. These can also recognize hundreds of tags at a time if they are in the range of 3-5 meters from the reader. These tags have an ability to read and write the data by storing up to 128kb of data (What is Auto-ID, 2013). Statement of purpose Supply chain management controls and manages the supplies and the information about the products from the procurement of rawShow MoreRelatedWhat is Supply Chain Management? Essay1492 Words   |  6 Pagesstagnant while led to exponential growth of continuously evolving companies. Supply chain, which was once considered a small part of operations, has now become one of the most important departments. â€Å"The term Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities.† as quoted by the council of Supply Chain Management Professionals.[1] In current competitive environment, to attain utmostRead MoreThe Radio Frequency Identification Device ( Rfid ) Essay1625 Words   |  7 PagesDevice (RFID) is a powerful technology for companies in the logistics and supply chain management industry. According to Jakobs (2000), he states that the RFID system use tiny tags with embedded microchips that contains data. This data contains the location and information about the product/item and transfers the data to RFID readers through radio signals. The RFID system is my innovation solution to improving the technologies Hunzal currently use in managing their logistics and supply chain. RFIDRead MoreRadio Frequency Identity Tags in Supply Chain Management Essay1494 Words   |  6 PagesRadio Frequency Identity Tags (RFID) can greatly improve a company’s performance. RFID can be used as a tool for optimizing business processes and improve the efficiency of operations. It is used in a wide variety of areas. Here, in this report we will explore the possibility of RFID in supply chain management. It may improve the potential benefits of supply chain management through increase of the four factors: efficiency, accuracy, visibility, and security. RFID technology has a great potentialRead MoreAdoption Of The Supply Chain Management1348 Words   |  6 Pagesthe â€Å"Supply Chain Management† of the organisations? An Individual Research Report Submitted By – SRIJAN CHAKRABORTY GMAY14IBWM061 I. Table of Contents Contents Page No. 1) Introduction 2 2) RFID Explained 2 (i) What is RFID’s History? 2 (ii) How RFID changed the way business was done? 2 (iii) What are the issues with RFID? 3 (iv) Will RFID be widespreadRead MoreEssay on The Role and the Importance of Supply Chain Management 1612 Words   |  7 Pages1. Introduction The report highlights in detail the role and the importance of Supply Chain Management (SCM) in an organization with respect to Radio Frequency Identification (RFID) and its growing impact in the industry and talks about the changing SCM trends keeping RFID as the focal point. Over the past few years, the increasing dynamism and competition in the business operating environment has led to a lot of changes in how the companies conduct themselves with respect to its customers. CustomersRead More21st Century Supply Chain Technologies1015 Words   |  5 Pages21st Century Supply Chain Technologies Introduction With the increasing integration of the global economy, supply chain management has become an international economic and trade activities in the necessary supporting link, and the rapid development of technology in recent years, also makes a variety of supply chain management efficiency greatly improved. Particularly, the fast development of supply chain management can’t without technologies, so this report would introduce what technologies usedRead MoreQuestions On Supply Chain Management1479 Words   |  6 Pages Contents Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.3 Supply Chain Management†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 RFID- Radio Frequency Identification†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.................4 Types of RFID’s†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..................5 History†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..5 Barcodes RFID†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.6 Supply Chain RFID†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦7 Applications of RFID’s...................................................Read MoreRadio Frequency Identification ( Rfid )1582 Words   |  7 Pagesâ€Æ' Table of Contents Introduction 2 What is RFID? 2 RFID in Supply chain management 2 How has RFID implementation improved Supply chain performance at Wal-Mart 3 Impact of RFID technology on SCM Effectiveness – Food Industry in Iran 3 Short comings of RFID 5 Future of RFID 5 References 6 Introduction In this paper we will discuss how Radio Frequency Identification (RFID) influences the role and importance of supply chain management in organizations. This paper will also discussRead MoreAdvanced Technology And Supply Chain Management1434 Words   |  6 Pagesexplore one technology that has made a great impact on the supply chain and is increasingly becoming more popular. The Radio Frequency Identification (RFID) as an advanced technology in supply chain management is the technological solution most firms are looking at these days. RFID Technology is a smarter way to track shipments, time deliveries, and keep inventories which in turn makes operations faster and more efficient. Moreover, RFID helps the organization to enhance its overall efficiency. ButRead More Using RFID Technology to Replace Bar Codes and Scanners in the Harley-Davidson Company1720 Words   |  7 Pagesvarious dealerships may consider implementing RFID technology as a means of increasing the efficiency of all parts of its supply chain. An abstract from Columbia Electronic Encyclopedia describes Radio-frequency identification (RFID), as a technology that uses radio waves to transmit data and uniquely identify an animal, person or thing. This case study looks at the potential use of RFID technology to replace bar codes and scanners in Harley-Davidson supply chain. It indentifies some pros and cons of its

Tuesday, December 10, 2019

Managing Mergers Acquisitions and Strategic Alliancees

Question: Describe about the Managing Mergers Acquisitions and Strategic Alliancees. Answer: Introduction The author in this report wants to highlight the scenario of the drop in price of oils in the energy sector during the period 2014-2016. The companies in the energy sector has faced a very difficult time during this period. The sudden drop in the prices of oils has adversely affected the profits earned by the company during this time and the spending of the company on different projects. Hence, the company had to maintain a balance between the short-term viability and the long term investments and objectives. Undergoing through these hard times, the oil companies all over the world had implemented different strategies to overcome the difficulties. These strategies helped the oil companies to improve and stabilise their positions by attaining new resources and technologies or by entering into new markets. Many companies in the energy sector have implemented the merger and acquisition strategy (WƦtorek et al. 2016). The Economists consider the drastic fall in the prices of oil all over the world over the period of the last two years to be one of the most significant developments in the world of macroeconomics. Statistics reveal that the prices of oil have fallen from a summit of $115 for each barrel in the month of June 2014 to under $35 towards the end of the month of February in 2016. Economists also stated that this sharp decline in the prices of oils is very similar to the situations in the year 1985 to 1986 when the members of OPEC had reversed the previous cuts of production. A similar situation also arose due to the financial crisis that occurred all over the globe back in 2008- 2009 (World Economic Forum 2016). It has become necessary for the economists to understand the underlying and deep-rooted causes that results in the drop in price of oils. Only then the economists can interpret the effects of the drop in price of oils. Many studies on the reasons behind the drop in price of oils denote that the growth of some of the emerging markets across the world has declined. Many economists and scholars are of the view that this has resulted in the drop in prices of the commodities all over the world. The decline in prices of oils is much steeper than the decline in prices of other commodities like food products and metals. Economists suggests that the rise in supply of oil as well as the fall in demand for oil all over the world play important roles in bringing down the price of oil to a low level. Many governments of developing nations have taken full advantage of this scenario. The governments have reduced the subsidies on consumption of fuel. In this way the governments strengthen their fiscal policy (Weber et al. 2016). The above diagram depicts the scenario of the decline in prices of oils after the year 2014.In order to overcome the problem of falling prices of oil all across the world, the oil companies have undertaken different strategies to maintain a balance. The author in this report discusses on such strategy of merger and acquisition by citing examples from the present scenario. Factors affecting the decline in oil prices The sudden decline in oil prices all over the world between 2014-2016 has become a cause of serious concern for the economists, the consumers and the oil suppliers of the world. Many people try to find out the underlying causes that affect the drop in oil prices. The economists are of the view that there are both internal and external factors that may be present in the economy to regulate the oil prices (Baumeister et al. 2016). The author in this report tries to throw light on some of these underlying factors. Economist all over the world uniformly considers the Brent price of crude oil to be the proxy for the price of oils accepted globally. The crude oils Brent price was quiet stable for the past few years before 2014. There was a sudden dip in the prices of the crude oil, which led the market analysts, and economists of the world to think deeply into the matter. The drop in the prices of oil has put the oil producers across the world under severe pressure. Many people all over the world have raised questions about the sustainability and dependability of other alternative forms of production of energy. Many people fear that such steep decline in the oil prices may affect the political and economic stability of the countries that mainly survive on production of oils (Voxeu.org 2016). Some market analysts and observers claim that the factors specific to the market for oil plated significant roles in causing the drop in the prices of oils. Some of the market experts suggest that the contributions of the positive shocks of oil supply after the year of 2014 are very high. The countries of Iraq, Libya and the United States have faced this kind of a situation in the recent past. The economists draw the attention of the people all over the world to the issues of the major shock to the expectation of oil prices (Kilian 2014). The shock occurred OPEC announced that it would try to keep the current production of oils at the same level despite the rise in production of oils in many other non-OPEC countries. OPEC announced this in late November of 2014 when the prices of oils had already began to drop. The author wants to discuss some of the other factors affecting the prices of oil during 2014-2016. Some of these factors are as follows: Economy of China: China is the country, which is the second largest oil consumer in the world. China surpassed United States in terms of import of liquid fluids in the year 2013. Most of the Economists of the world predict that the oil consumption of China would increase in the next few years. That would affect the prices of oil to a great extent. Shale of America: United States produced more than 9 million barrels of oil in each day by the end of 2014. This value increased over 80% from the year 2007. The output of oil that the United States produced generated an excess amount of oil in the market. This resulted in fall in prices of the oil in 2014 (Hefner 2014). Studies reveal that the number of oil rigs in the country continues to reduce. The country has reduced the spending on oil but the output of oil has been stable so far. The ability of the country to maintain the output would affect the prices of oil. Elasticity of demand: The higher demand for oil all over the world has resulted in the fall in prices of oil. In the year 2016, the gasoline prices in the U.S are below 2.40 dollars, which is more than 35% below the price in 2014. This has resulted in a rise in the consumption of gasoline. Move of OPEC: Many economists consider OPECs moves to be one of the important factors in bringing down the prices of oil in the period of 2014-2016. The crashing of oil prices demonstrates the influence of OPECs decisions on the changing prices of oils (Colgan 2014). Geopolitical factors: a small disruption in the supply of oil would result in huge change in the prices of oil. The early 2014 witnessed violence in Libya that disturbed the exports of oil. This has affected the price of oil in that country. Some other countries like Iraq also faced similar situations. Hence, one can observe that the geopolitical disturbances are some of the most important factors that affect the prices of oil (OilPrice.com 2016). Merger and Acquisition strategy During the crisis period of sudden drop in the prices of oil during the period of 2014 to 2016, the oil producing companies in the energy sector has resorted to different strategies to fight with the problem. The firms consider the merger and acquisition to be strategies of growth. By following the strategies of merger and acquisition, the companies can enter into new markets and can get access to new technologies (Cartwright and Cooper 2012). The companies resort to the strategies of merger and acquisitions by consolidating significant resources, physical and financial assets, tradable endowments and names of brands. The most thought about strategies of integration and merging includes the best practices of the organisations. Some of the root assets strategies comprises of retention of talent, cohesion of culture and collaborative leadership (Successful Acquisitions 2013). The goals and aims of the oil firms in the mode of acquisition are to enter new markets, widening the base of customers, achieving cost and scale synergies. The author describes some of the golden rules that the oil companies follow as part of the strategies for successful acquisition and merger deal: The oil companies first examine the market position of the target company with which they are going to make the merger and acquisition deal. This helps the oil company to choose the best target company. The company can also fix the deal of merger and acquisition at the most appropriate price. The oil companies predict the future opportunities of the market, recent trends in the market and the reaction of the customers to the product of the target market. This would help the oil company to assess and estimate the potential of growth of the company. After finalizing the deal of merger and acquisition, the company should start the process of integration well on time. When both the companies negotiate to make the deal of merger and acquisition, the management of both the companies needs to fix proper strategies of integration. This would ensure that both the companies do not face any unnecessary problems after the deal closes. If the oil company plans to restructure the company with which it is making the deal, then the company should clearly explain the restructuring plan to the target company. The company should implement the restructuring policy at the time of making the deal so that both the companies can avoid any form of uncertainty. It forms a very important part of the merger and acquisition strategy for the company to clearly understand the working conditions and environment of the target company before entering into the deal. The oil company should understand the work culture of the target company so that after the acquisition, the workers of the target company do no feel demoralized. The company should make the effort to keep the employees well informed and encourage them to work hard (Cartwright and Cooper 2014). Examples of merger and acquisition deals The author describes some of the examples of the merger and acquisition deals that occurred in 2014 to 2016. In the United States, the companies Noble, Exxon, WPX and Vangard has involved in an acquisition deal. Some other companies of different countries also made purchases in the international market. Some of these examples include Vedanta in India, Sequa in Norway (Serdar Dinc and Erel 2013). BP also showed interest in the Siberian Project. Schlumberger announced the acquisition of Cameron, which helped in the acquisition and merger activities of the service sector. Sun Edison is the sponsor of the two yield companies of the United States namely the TerraForm power and the other company is TerraForm Global (Ptri et al. 2014). Benefits and drawbacks of merger and acquisition deals Benefits There are a large number of benefits associated with the merger and acquisition deals between the companies. The acquisitions and merger policies can generate efficiency of cost through scale economics. The merger and acquisition strategies can improve the revenue generated by the company through gain in the share of the company in the market. The merger and acquisition can generate gain in the taxes (Schmidt 2015). The author describes the main advantages of the merger and acquisition policies in the following discussion: Higher value generation: The acquisitions and mergers often result in the increase in the generated value of the company. The managers and leaders of the company expect that the value of the shares of the company would increase after the acquisitions and mergers. This value would be greater than the total of the shareholder values of the main oil company (Phillips and Zhdanov 2013). Acquisitions and mergers help in gaining taxes and can lead to enhance the revenue through gain in the market share. The company who enters into the deal of mergers and acquisition expects that the target company will generate higher values of the shares. The new shares would be higher than the total of the shares of the separate companies. The mergers and acquisitions prove to be very beneficial to the companies that are going through tough phases in their business. If the company suffers from losses in the market, the company can resort to merger and acquisition deals. If the company has strong presence in the market then it can buy out a weaker firm. This deal would provide more competitiveness and cost efficiency. The target company gets the benefit as it can overcome the difficult situation it was facing in the market. It is due to some of these advantages that small and weaker firms agree to get into the merger and acquisition deals (World Finance 2016). Challenges There are some challenges that the oil companies faces during the merger and acquisition programs. The author in this report describes some of the challenges faced by the organisations as follows: Challenges in communication: Researchers and scholars have conducted survey on the companies that have entered into the acquisition and merger deals. The main findings of the survey reveal that the challenges in communication are one of the significant factors, which results in the failure of the merger and acquisition deals. Some of the fundamental aspects of integration include communication with the workers and empowering and motivating them. When the companies enter into the merger and acquisition deals, the employees of both higher and lower levels are kept in darkness and uncertainty (Galpin and Herndon 2014). Challenges in retention of the employees: The merger and acquisition deals of many companies reveal issues in the retention of employees. Some employees feel negative attitudes at the time of merger and acquisitions. This results in a feeling of uncertainty regarding the future of the direction and path of the organisation, security of jobs and confusion about the job. This eventually results in the loss of faith and trust of the employees on the organisation (Stahl et al. 2013). Cultural disadvantages: There are some cultural implications that can occur due to the merger and acquisition deals of the companies. Studies regarding the merger and acquisition deals highlight that nearly 30% of the acquisition and merger deals fail due to the differences in culture of the two organisations. When two companies engage in the merger and acquisition deals, there is a change in the practices and strategies of management. This sudden shift can have negative impacts on the workers of the organisation. The sudden change also disrupts the smooth flow of work in the companies (Impraise Blog 2016). Conclusion In the report, the author clearly depicts the strategies of the merger and acquisition deals between the oil companies. One can easily conclude that despite of all the drawbacks that are associated with the merger and acquisition deals, the deals provide great benefits to the merging companies. The merger and acquisition deals helped the oil companies during the crisis period of drop in oil prices during the years of 2014 to 2016 to gain back their positions. The oil companies gained back their market shares by employing the merger and acquisition deals during the period of drop in oil prices. References: Baumeister, C., Kilian, L. and Lee, T.K., 2016. Inside the crystal ball: New approaches to predicting the gasoline price at the pump.Journal of Applied Econometrics. Cartwright, S. and Cooper, C.L., 2012.Managing Mergers Acquisitions and Strategic Alliances. Routledge. Cartwright, S. and Cooper, C.L., 2014.Mergers and acquisitions: The human factor. Butterworth-Heinemann. Colgan, J.D., 2014. The emperor has no clothes: The limits of OPEC in the global oil market.International Organization,68(03), pp.599-632. Galpin, T.J. and Herndon, M., 2014.The complete guide to mergers and acquisitions: Process tools to support MA integration at every level. John Wiley Sons. Hefner III, R.A., 2014. United States of Gas: Why the Shale Revolution Could Have Happened Only in America, The.Foreign Aff.,93, p.9. Impraise Blog - Employee performance management, reviews and 360 feedback. (2016). The Challenges with Mergers Acquisitions. [online] Available at: https://blog.impraise.com/360-feedback/mergers-and-acquisition-challenges. Kilian, L., 2014. Oil price shocks: causes and consequences. OilPrice.com. (2016). Top Five Factors Affecting Oil Prices In 2015 | OilPrice.com. [online] Available at: https://oilprice.com/Energy/Energy-General/Top-Five-Factors-Affecting-Oil-Prices-In-2015.html Ptri, S., Arminen, H., Tuppura, A. and Jantunen, A., 2014. Competitive and responsible? The relationship between corporate social and financial performance in the energy sector.Renewable and Sustainable Energy Reviews,37, pp.142-154. Phillips, G.M. and Zhdanov, A., 2013. RD and the Incentives from Merger and Acquisition Activity.Review of Financial Studies,26(1), pp.34-78. Schmidt, B., 2015. Costs and benefits of friendly boards during mergers and acquisitions.Journal of Financial Economics,117(2), pp.424-447. Serdar Dinc, I. and Erel, I., 2013. Economic nationalism in mergers and acquisitions.The Journal of Finance,68(6), pp.2471-2514. Stahl, G.K., Angwin, D.N., Very, P., Gomes, E., Weber, Y., Tarba, S.Y., Noorderhaven, N., Benyamini, H., Bouckenooghe, D., Chreim, S. and Durand, M., 2013. Sociocultural integration in mergers and acquisitions: Unresolved paradoxes and directions for future research.Thunderbird International Business Review,55(4), pp.333-356. Successful Acquisitions. (2013). Top 5 Strategic Drivers of Oil and Gas MA. [online] Available at: https://successfulacquisitions.net/top-5-strategic-drivers-of-oil-and-gas-ma. Voxeu.org. (2016). Causes of the 2014 oil price decline | VOX, CEPRs Policy Portal. [online] Available at: https://voxeu.org/article/causes-2014-oil-price-decline. WƦtorek, M., DroÃ…Â ¼dÃ…Â ¼, S. and OņºwiÄâ„ ¢cimka, P., 2016. World Financial 2014-2016 Market Bubbles: Oil Negative-US Dollar Positive.arXiv preprint arXiv:1606.01218. Weber, J.G., Wang, Y. and Chomas, M., 2016. A Quantitative Description of State-Level Taxation of Oil and Gas Production in the Continental US. World Economic Forum. (2016). Whats behind the drop in oil prices?. [online] Available at: https://www.weforum.org/agenda/2016/03/what-s-behind-the-drop-in-oil-prices World Finance. (2016). Benefits of Mergers and Acquisitions. [online] Available at: https://finance.mapsofworld.com/merger-acquisition/benefits.html.

Tuesday, December 3, 2019

Visions of America Abstraction Essays - Visual Arts, Art Movements

Visions of America: Abstraction Amber B. Williamson ARTS/125 February 23, 2016 Jamie Welch Abstract Style A group of early American modernists began to create beautiful pieces that did not make sense to fellow artist. They used a style that included lots of shapes, forms, colors, and textures to create a feeling for external reality. Thus, Abstract Expressionism was born. This type of art originated in New York. Many pieces such as Rush Hour by Max Weber uses diagonal shapes to represent the rushing city life. He tries to show movement and capture the powerful rhythms of the streets through his eyes. Another form of art that uses angles and shapes is Cubism. This form of art started in France with Georges Braque and Pablo Picasso. Without the development of Cubism artist would not be able to see beyond traditional art. New styles of art would have never been discovered. Today, Cubism has allowed us to use our critical thinking and see the many sided of an image. I feel that it has paved the way for 3d and 4d images. I am a very creative person. I try to fine the use out of everything that I come across. I tend to take ordinary items and create something with them that you wouldn't expect. Without Cubism, America would have never had the opportunity to experience this creative and unique form of art. Abstract Expressionism is by far my favorite style. With the crazy designs and vibrant colors, it allows me to create my own expression and emotions about the piece. It also allows me to see the beauty inside the art rather then what is just in front of me. References . Doss, E. (2002, April). Oxford History of Art: Twentieth-Century American Art. Cary, NC, USA: OUP Oxford. Retrieved from ebrary, 289. . Representational Cityscape [video clip]. (2011). Modern Dreams: Art of America. Retrieved from Films on Demand.