...Clear Channel Communications Case 1. Evaluate the sales process that led to the 37.60 offer. Did the sales process followed by the Board and the Special Advisory Committee maximize the offer price? What else should have been done, if anything, to increase the offer price? • In 2006 Mark and Randall Mays approached Goldman Sachs to discuss several options for the proposed sale of Clear Channel Communications. Options included a leveraged buyout, a complete spinoff of CCO, and/ or the sale of certain assets such as rural-market radio stations and all of its television stations. • The LBO came to the forefront and the Randalls met with private equity firms Blackstone and Providence Equity. Blackstone and Providence presented a bid as a consortium to buy Clear Channel for $34 per share. The independent board of directors swiftly rejected the price as they felt it was not adequate. Blackstone and Providence then indicated they might be willing to increase their bid to 35.50. Soon after private equity firms Thomas H Lee Partners expressed interest in bidding along with Bain Capital and TPG to form a competing consortium. Two more consortiums also had come together Apollo Management and the Carlyle Group, and Cereberus Capital Management and Oak Hill Capital Management. • Each consortium separately proposed a price of $ 36.50 per share. The board felt the bids were too similar to each other to choose and requested they improve their share price. In November 2006 the consortium...
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...1) What is the value proposition of XM to different consumer segments? Who should be the primary target market for XM? * Nationwide coverage with excellent audio service * Greater variety of channels to choose from * Availability: home as well as for people on the go * Commercial-free XM satellite radio’s ability to provide radio service throughout the entire country regardless of a consumer’s location. Furthermore, terrestrial radio offers limited selection and is becoming increasingly cluttered with commercials. Therefore, XM satellite radio provides a greater selection of radio for the various preferences of consumers, commercial free. Furthermore, as an added bonus subscribers will have the opportunity to listen online from their home or office. Based on XM’s research, their target market should be focused on the Tech-Seekers demographic. This demographic appears to present the best opportunity for market penetration. They are more inclined to purchase the XM service and become lifetime customers because of their desire to be on the cutting edge of technology. Moreover, this demographic is very similar to the second largest market interested in satellite radio, Tech-Friendly consumers. Therefore, there is greater opportunity for these Tech-Friendly consumers to purchase the service as well. Between these two groups, XM satellite radio has the ability to gain quick financial stability to capture more of the market share. 2) What aspects need to be considered...
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...Amanda Liford 11/05/2013 Short Story Analysis The Catbird Seat The Catbird Seat, written by James Thurber, is a short story about Mr. Martin who carefully puts together a plan to remove the new special advisor who has done nothing but threaten to eliminate his department and belittle him. She even asks him if he is “sitting in the catbird seat?” which he later finds out means sitting pretty. This story doesn’t end the way he had planned or does it? The story begins with Mr. Martin secretly buying a pack of Camels cigarettes because the staff of F&S believe that he has never smoked or drank. Mr. Martin has been working for F&S for twenty-two years. He is a very concentrated man and worker. Mr. Martin is very set in his ways and almost even OCD. He has his routine and he sticks to it. Not only that but he is very thoughtful about what he is trying to accomplish and looks at everything and every step of every possible outcome. This has been the reason for his success. So when someone like the new special advisor, Mrs. Barrows, comes in and tries to delete Mr. Martin’s department, he has a good reason to be upset that someone is messing with his routine. She has also been the cause of several other employees quitting or being fired. Mr. Martin sees the threat she has caused this company and will find a way to take care of it. Mr. Martin has carefully crafted a way to surprisingly kill Mrs. Barrows. This doesn’t seem like something Mr. Martin could execute but like...
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...Detecting Media Bias Nolan Tisdale HUM/111 9/15/2013 James Williams, PhD, DM, CHE Detecting Media Bias The article titled Lawsuit targets Medicaid expansion in Arizona, discusses the latest lawsuit filed by Legislators to targeting the federal Healthcare Reform Law. This article was posted on September 12 2013, on the Fox 10 Phoenix website. The subject of the article is the Lawsuit filed by 36 Republican legislators to target GOP Gov. Jan Brew’s plan to expand Arizona’s health care program. Having a clear understanding that Fox News identifies itself with, and targets the conservative Republican audience, it was very important to take this into consideration when determining the creditability of the story. It was important to observe the author presenting the facts in a clear and accurate manner, and paying extra care to detail. The fact that the author did not leave the facts to interpretation by making vague or over the top statements, leads one to believe that the article was not written in a bias manner. The story was presented in a manner that clearly identified and represented the perspective of all the parties involved in the discussion. The author describes the suit filed by 36 Republican legislators and a pair of citizens, through the Goldwater Institute, and the grounds on which these opponents of the Medicaid expansion plan believe they are filing the suit, while giving equal time and consideration...
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...SFX Entertainment Inc. Backgrounder Eastan Croson Southern Methodist University Abstract SFX Entertainment Inc. is the largest producer of live events and entertainment that are focused primarily on the electronic music culture (“EMC”). This company has excelled in presenting leading EMC festivals and events such as Tomorrowland, Sensation, Q-Dance, Stereosonic, Electric Zoo, Decibel, Nature One, MayDay, Ruhr-in-Love, Life in Color and TomorrowWorld; many of which have over a decade of history, passionate fans and vivid social communities. This company views EMC as a global generational movement being driven by a growing community of avid millennial generation followers. SFX states their mission as enabling the movement by providing the best live experience to fans, music discovery and by connecting other fans and events. Through continuing investments in their festivals and events, adding new creative aspects and expanding into new-unexplored markets, the company has become a major player in the production of electronic dance music (“EDM”) festivals and events. The company plans to continue its growth as well as launching new and exciting events for the EMC community. Keywords: SFX Entertainment Inc., EMC, EDM, music, festivals, events SFX Entertainment Inc. Backgrounder Company History SFX Broadcasting was founded by Robert F.X. Sillerman in 1992, and spurred the consolidation of the radio business after Sillerman bought 120 radio stations under the company’s name. SFX Entertainment...
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...Detecting Media Bias Detecting Media Bias The recent news article I have chosen is the standoff that is happening in Southern Nevada between the Federal Government and Cliven Bundy, a local rancher. The Federal Government claims that Bundy has not paid grazing fees for the last 20 years, Bundy feels that he does not have to because his family have worked the land since the 1880’s, which would give him rights to the land (Fox News, 2014) . The report by Fox News on their website appeared to be accurate, but it was clear that they were definitely siding more with Mr. Bundy than with the Federal Government. There were only comments and statements from Mr. Bundy himself or his supporters. When I checked the same story at CNN’s website, they had statements from both side of the issue. The report mentions how Bundy’s family called for assistance from Militia and his supporters after a couple acts of violence from law enforcement, his son was shot with a stun gun and his sister was pushed to the ground. There was no mention in the Fox new report, that the Bundy family and their supporters confronted rangers, and that a police dog was kicked and officers being assaulted, incidences that were reported on the CNN website (CNN, 2014). The report is clearly only reporting and favoring one side of the story, where as other news agencies are reporting a more balanced story. The Fox news report is putting a lot of emphasis on to the rights and treatment of Mr. Bundy, stating...
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...Business Strategy: Pandora created and provides an easily accessible Internet radio platform personalized to and by individual listeners. Launched in 2000, Pandora Media created a way for individuals to stream their favorite songs without purchasing them. With over 900,000 songs, Pandora takes the likes and dislikes of each individual consumer into account to make customized stations of exactly what they want to hear. Pandora is focused on Mobile Monetization which is a two prong approach. Digital Strategy and Radio Strategy are the two main areas of focus. The Digital strategy is focused on reaching its customers through the online and mobile devices where the Radio Strategy is trying to reach more consumers through the Interactive and Measureable Audio Products. Traditional broadcast radio currently stands at approximately $73 per 1,000 listener hours, where the mobile platform only stood at $20, which shows the most room for improvement. The mobile platform had increased by 50% since last year and is forecasted to continue to climb at a rapid rate. Close to 70% of all active listeners, now come from the mobile platform which shows transition of today’s society. Pandora has over 200 million registered users and more than 76 million active users. Pandora's major source of revenue are through advertisements it serves on its mobile and web platform. Currently Pandora serves less than one minute of audio ads per hour of listening. This guarantees greater consumer interaction...
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...Health Care Communication Priscilla Hickman HCS/350 August 11, 2014 Michael Veal Personal and Professional Health Care Communication Health Care Communication is vital to the well being of patients in the health care setting. Clear and concise communication is key in the outcome of patient care. “Health communication is a multidimensional process and includes aspects from both the sender and the receiver of the message” (Arnold & Boggs, 2011, p. 103). This paper will discuss the importance of effective personal health care communication with other health care professionals, clients, and patients, effects of communication to health outcomes, lack of effective personal and professional health care communications contributing to poor health outcomes, and theories and principles of therapeutic communication in health care settings for health care professional. Communication between health care professionals is a team effort. Each team member communication with each must be clear and concise. Communication between health care professionals can affect the safety of the patient. Communication is passed through many different people in a patients stay. Communication is handed off between nurses shift to shift, transfer in departments, nurses to physicians, and nurses to nursing assistants. Miscommunication can lead to medical errors. Medical errors include unclear medical orders, patient status, or critical lab values. In order to have clear medicals orders...
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...Organizational Communication, Speeches and Conversations. Com520 Organizational Communication Communication is key in any dynamic environment. It is how a person communicates that dictates how anything will be completed. To effectively communicate in business, it’s important to immediately emphasize the importance of the message that is being delivered. As the speaker you have to be informative, engaged, actively listen, clear, and concise. To achieve all of this you have to know your audience well. It is called taking the audience centered approach. When conveying the message effectively the audience will respond with positive feedback. There are instances where there are barriers to effective organizational communication. These barriers can change and block the intended message to the audience. It would affect their ability to receive, decode, and respond to the message. Some barriers are noise and distractions, filters, contending messages, and channel breakdowns. As the speaker you have to be aware of the internal and external barriers that can block your message. Filters can distort the message between the speaker and the audience. Channel breakdowns can destroy the intended message because depending on the method of delivery the message may not get to its target or the message may get misconstrued all together. Noise and distractions are external barriers such as cell phone usage, computers screens, I.M pop ups etc. The internal barriers are...
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...Organizations: b. Communication 2. Physiological Barriers of listening are: a. Hearing impairment 3. Which presentation tends to make you speak more quickly than usual? b. Oral 4. What is the main function of Business Communication: c. Persuasion 5. The responsibilities of the office manager in a firm that produces electronics spares is: d. All of the above 6. Labov’s Storytelling Model based on: a. Communication through speech 7. Diagonal Communication is basically the: b. Communication between the CEO and the managers 8. How to make Oral Communication Effective? d. All of the above 9. Direct Eye contact of more than 10 seconds can create: a. Discomfort & Anxiety 10. Encoding means: a. Transmission Part Two: 1. Define 7C‟s of effective communication There are 7 C’s of effective communication which are applicable to both written as well as oral communication. These are as follows: 1. Completeness - The communication must be complete. It should convey all facts required by the audience. The sender of the message must take into consideration the receiver’s mind set and convey the message accordingly. A complete communication has following features: Complete communication develops and enhances reputation of an organization. Moreover, they are cost saving as no crucial information is missing and no additional cost is incurred in conveying extra message if the communication is complete. A complete communication always gives additional...
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...Phoenix Material Workplace Communication Comparison Complete the following matrix. For each communication method, list its purpose in the workplace, whether it is a technical or expository form of written communication, and why you classified it as such. Written communication method | Purpose in the workplace | Technical or expository writing | Why the classification was chosen | E-mail | For both external and internal use. This form of communication can be used for writing close friends, and family. This may also be used within a company via co-workers as well as communicating with customers and other business contacts. | Expository Writing. | I chose E-mail as an expository form of writing because the purpose is used for the purpose of explaining and describing the writers point to the reader. This can also be classified as technical, but only if the sender was giving information on services. | Memo | This is meant for internal use, this is largely used to communicate with fellow employees. | Expository Writing | Again, this form of communication is utilized to provide information on what is being conversed. | Letter | Outside use, meant to reach a contact outside of the corporation. | Expository Writing | This form of communication gives relays information of another individual. | Manual | This can be used for training as well as a company guide book. | Technical Writing | This form of communication is designed to explain a task and...
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...writing and grammar suggestions inviting the consideration and analysis of the writer; they are not infallible statements of right/wrong, and they should not be used as grading elements. Also, at present, WritePoint cannot detect quotations or block-quotes, so comments in those areas should be ignored. Please see the other helpful writing resources in the Tutorials and Guides section of the Center for Writing Excellence. Thank you for using WritePoint. Health care communication Tamika Arnold HCS/320 July 22,2013 Kristin Thrun Health care communication Effective communication incorporate the basic elements of communication by understanding the process of communication this is necessary to improve effective habits of communication and skills of exchanging information between individuals through a common system of symbols, signs, or behavior. Individuals exhibit the importance of adequate communication through their daily activities. The basic elements of communication are relied [The passive voice is a form of "be" (are) and a participle (relied). Over-use of the passive voice can make paragraphs officious and tedious to read. Prefer the active voice. For example, passive voice = The paper was completed on time. Active voice = the student completed the paper on...
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...Effective communication enables, expounds, and most especially enlarges the way we communicate with other people. It also allows us to know the true feeling behind the information given. More than two thousand years has passed and yet communication stands by our sides’ every day. This could be done simply through just speaking, listening, writing, or giving hand or body signals to one another. But in this present generation, most people use technology in order to communicate in which they create strong bonds all over the world. Communication has done its part and all that is left in our hands is to use it effectively. 1. The Role of Correct Grammar in Communications. According to the Merriam-Webster’s dictionary, grammar is defined as “the set of rules that explain how words are used in a language.” Proper grammar allows us to write, speak, and express our ideas and opinions effectively. According to an article written by Remy Lo, he stated that “grammar is the key to business communications.” Nowadays, most people find it difficult to have correct grammar. They are usually confused with the proper use of the present and past tenses and also with the difference between “your” and the contraction “you’re.” They don’t know when to use those words properly, and they say that it is a common mistake. But having improper grammar is no excuse. When you speak and write with incorrect grammar, it may cause a major misunderstanding with the recipient. Well, there are many advantages...
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...Evaluate Interpersonal Communication Skills Interpersonal communication skills are the tools people use to interact and communicate with individuals in an organizational environment. To be able to understand methods of communicating, we have to be able to identify different types of communication behaviors of individuals. Communication is a social process of sending and receiving information and an interactive two-way process that involves understanding and transferring information from one person to another (Dougherty, 2014). In organized business environments, one major skill that employees depend upon is communication, as the majority of their workday is communicating with other individuals. Companies are recognizing the relationship between employee engagement and business success and are encouraging employee engagement by providing training in interpersonal communication (Hynes, 2012). Factors such as perceptions, emotions, and motivation help employees make sense of their workday and inner work lives of employees are influenced by performance on creativity, productivity, work commitment, and collegiality...
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...Assignment 1 Michelle Smitherman Professor Linda Hester Business 100.. Intro to Business 2/04/2016 Effective communication in the workplace is essential for your business to run smoothly and efficiently day to day. In order for communication to be effective the message needs to be clear and concise. If the message is not clear this will cause errors, confusion and an inefficient work environment. There are times that I have experienced effective communication in the workplace. An example is announcements and weekly news letters. At a previous job I had, they would sent out a weekly newsletter that kept us all in the loop. This was beneficial to all the employees because we knew of any upcoming changes and what was going on with the company overall. We would also have biweekly team meetings. These meetings would increase morale, give employees the opportunity to voice their ideas and opinions as well as brainstorm with their team. This allows the employees as well as the managers to involve everyone and have everyone on the same page. Another form of effective communication I have experienced is during training and presentations at work. When we introduce new products or change the way we do or process something at work we all need to know about it. Having a training class or presentation that provides expertise, knowledge and instructions allows us to avoid confusion. At my present job they are always introduces new products and new software. We have ...
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