Tuesday, February 18, 2020

Business Combnations Essay Example | Topics and Well Written Essays - 1000 words

Business Combnations - Essay Example Most of the mergers or acquisitions of LVMH happen to expand the company and to cross the geographical boundaries. A company interested to acquire another company has to look into every aspect of the functioning of the company. A company will have many departments and audit should be done on every departments accounts and then valuate the viability of merger of acquisition. After audit if it is found that functioning of all the departments are healthy and profitable then a memorandum is made between the companies. Mergers can take place only when there are healthy relations between both the companies. Mergers also depend on the percentage of shares acquired of the firm. If the company to be acquired has good standing in the market, high share value and high points in the share market then we can say that a company is worth to be acquired or suitable for acquisition. Merger or acquisition sure has its impact on the employees and shareholders who are the unforeseen assets of the company. It is well known that any merger will have its pro's and con's. Some mergers happen for profit and some not to incur losses. Employees may or may not be benefited by the merger. The new management may not provide all the facilities unlike the earlier owner. The new company will definitely try to curb miscellaneous expenses and cut management costs. In order to cut costs they may reduce number of employees working per department. After merger employees may be asked to change their shift timings, move from one de partment to another etc. employees need to co-operate with the new management.Mergers may also have its negative effects on the employees and marketing strategies then the relation between the management should be positive enough so that there is no misunderstanding between the employer and the employee. After acquisition the new company will have their own planning strategies that might be entirely different and the employees need to co-operate and understand with new working policies and targets of the new company. One of the frequent reasons of merger (acquisition) failure is poor management and insufficient and poor management of financing comes second. For starting or relocating or expanding a business sufficient capital is required. Having good financing is not enough in attaining profits; proper knowledge and planning are required to manage it well. These help in strengthening the management of financing and avoid common mistakes like miscalculating or underestimating the cost. Venture capitalists are the most common source of equity funding. Venture capitalists may be institutional risk takers, financial institutions, wealthy persons, etc. and most of them specialize in industries. Venture capitalists are risk takers and show interest only in three to five year old companies that result in more than average profits. LVMH intensified the challenge of global integration and is showing high-end results, impact on the part of economical evolutions on nations mainly on cities and individual person's life standard. Because of the globalization and LVMH the technologies are exchanged. Globalization is having tremendous impact on cities. Cities are transforming into great industrial belts. As the industries grow there will be visible impact on the economy. Job opportunities grow and innumerable colonies are developed. The growth is multi-fold and the technology exchange migration takes place. People of

Monday, February 3, 2020

International law Research Paper Example | Topics and Well Written Essays - 2000 words

International law - Research Paper Example However, the term genocide was not formed until 1944. Literature has evidenced that genocide is any act committed with the intention to destroy completely or in partiality, a racial, an ethnic, a religious, or a national group. The recorded genocides include 1904 in Namibia, 1915 in Armenia, 1932 in Ukraine, the 1944 Holocaust, 1975 in Cambodia, 1982 in Guatemala, 1994 Rwandese genocide, and the 1995 Bosnian genocide. This resulted in the signing of an international treaty to form the International Criminal Court that has the mandate to prosecute crimes of genocide. Under the international law, genocide is considered as a crime. In this perspective, the paper will discuss the genocide with reference to international law. The effort to define genocide dates back to 18th century. According to Scott, various conventions tried to give formal statement of war crimes as well as laws of war. The Geneva Conventions were a series of international treaties concluded in Geneva between 1864 and 1949 with an aim of restructuring the impact of war on civilians, prisoners, and soldiers. In 1864, the international negotiations resulted in the Convention for the Amelioration of the Wounded in time of War. It stipulated that: immunity from capture as well as destruction of all establishments from the treatment of wounded soldiers, unbiased treatment and reception of all combatants, and protection of civilians giving aid to the wounded, in addition to recognizing the Red Cross symbol as a means establishing people and equipment covered by the agreement. In 1864 the convention was ratified by all major European powers. It was amended and extended by the second Geneva Convention in 1906. The provisions were applied to t he maritime conflict via the Hague conventions of 1899 to 1907. They are the first multilateral treaties to address warfare conducts based on the Lieber Code. The codified law stipulated regulations, for example, in protection of civilians and