...MEMORANDUM TO: Chief Executive Officer FROM: Accounting Team DATE: July 19, 2011 SUBJECT: Acquisition Undertaking an acquisition is one of the ways through which a firm can attain an optimal market position (Ross, 2011, para. 1). The resultant effect is that the firm’s competitive advantage is enhanced. In undertaking an acquisition, a significant amount of money is required for the acquisition to be successful. Prior to implementing an acquisition decision, a firm’s management team should conduct a comprehensive analysis to determine whether it is prepared to undertake the acquisition. One of the ways through which a firm can attain this is by evaluating its financial stability. The aim of conducting a financial analysis is to determine whether the acquisition will result into attainment of the desired synergy. In most cases, acquisitions are characterized by a 50-50 probability of succeeding. In the event of financial instability, the probability of attaining the desired synergy is limited. Upon conducting a financial analysis of the firm’s financial statements, it was evident that the firm was facing a serious financial instability. Firstly, the share price of the company was relatively low. This means that the acquisition would not lead into value addition through improvement in the share price of the acquiring company. In this case, the Chief Executive Officer (CEO) of Riordan Company intends to improve the price of the firm’s share through the acquisition...
Words: 636 - Pages: 3
...Communique Review Memo To: Herber Howard From: Nicolle Pack Subject: Communique Review Date: 03/03/14 The communications for Team B were to the Marketing manager, the Sales manager and the Accountant-Peer. These were all written as formal memos. After a review of these communications, I think that the information was presented in the correct communicational format. However, I do feel that some of the communiques could have included more information specific to the information they were to be presenting. The memo to the Marketing manager did not covey the intended message. I think that the information provided was too vague. The writer should have included more information related to the marketing aspect of the business and what would have to be done in order to successfully promote the business, if acquired, in these current market areas. For the purpose of this assignment I do not feel that another form of communication would have been better. If the Marketing manager was to base his decision, to acquire JJJ Company or not, solely upon the information in the memo, I think would be ethically incorrect. The information provided in this memo is not sufficient to derive any decisions as to the acquisition of JJJ Company. The memo to the Sales manager was written more clearly and effectively. The information presented was more related to the sales side of the business. However, I still feel that more sales specific information could have been presented. The writer did not...
Words: 456 - Pages: 2
...different types of communiqués in business situations; formal and informal based on the context of the communiqué and the intended audience. I recently participated in a team project where we were instructed to send communiqués to four audiences based on the purpose of the communiqué and the receiving audience while projecting the senders leadership style; for the following I will be evaluating the four communiqués my team submitted. In the communiqué sent to the CEO of Riordan Manufacturing, John, the accounting manager, was to advise the CEO of the financial instability of JJJ Company and recommend not moving forward with the acquisition. For this communiqué our team collectively agreed that a formal memo would be the best communication for the audience and purpose, I stand by this decision. The memo was a more formal approach as it was intended for the CEO, which showcased his leadership style more direct and to the point. The structure and layout of the memo was assembled with less of a personal feel as is seen common in e-mails or text to a coworker. The information conveyed in the memo was factual pertaining to the purpose of the memo in regard to the financial instability of JJJ Company. I do not think this memo shared too much or too little information. There was no question of ethics present in the memo as it was examining the instability of the company and it was specifically sent to the CEO. Emails were chosen as the communiqués for the other...
Words: 658 - Pages: 3
...Business Communication Sarah Schondel XBCOM/230 Jere Wilson 03/16/2014 Evaluating Business Communication The First Communique (Angela McMullen) The communication conveyed the intended message very well. I feel that it was the appropriate communique used and no other type of communication would have been appropriate. The reason is that with the situation being used better illustrates what is going on. I feel that it was at the appropriate level for the intended audience. The leadership styles in the scenario affected the communication in the group by allowing the group to know certain information. Only the information that they need to know. Honestly, there would be no changes that I would recommend to improve this type of communique. The ethical implications of the information being shared is whether or not to merge the companies. Some concerns that they might have. The communication does not share too much information and may share a little less information. I wouldn’t say it was too little information. It was just enough information that is needed until the other responds. Considering the ethical implications affected my evaluation by allowing me to see what information is really important and whether or not it should be more formal or informal. Second Communique (Angela McMullen) The communication conveyed the intended message well but could have been more elaborate. No other type of communication...
Words: 741 - Pages: 3
...Business Communication Eric Butler BCOM/230 August 24, 2014 Fran Carter Evaluating Business Communication The assignment Team B completed was one that gives perspective of business communication to individuals as insight of how to write a communique to others in the business setting. It use scenarios, where employees in a business environment has to inform their coworker of the results from a report conducted by the accounting department, for the purpose of a possible acquisition of another company. The different scenarios includes examples from various channels to deliver the message for its intended purposes. The assignment by Team B was an exercise to give practice to team members, to write business communication and to review and learn from the feedback from the instructor. It also allow the team members to analyze the completed work and use as a learning tool. Each communique had a purpose which focused on the communication, from individuals in the accounting department. Each member from B Team were to write a communique using one of the scenarios provided by the assignment guidelines, as an employee in accounting, representing the company considering to acquire the other. The purpose of this summary is to evaluate the communiques by Team B and its effectiveness to its readers. The evaluation will also cover areas such as, appropriateness, style and channel, and suggestions for a more effective message. The first thing one might find important in this evaluation is the...
Words: 717 - Pages: 3
...Enzo continue à parler de ses souvenirs d’enfance. Complétez le dialogue en conjuguant les verbes donnés à l’imparfait. Le soir, dans ma famille, on * (lire) des livres. The following answer is acceptable: lisait Your response: Lirait Points earned: 0 out of 1 View exercise Enzo continue à parler de ses souvenirs d’enfance. Complétez le dialogue en conjuguant les verbes donnés à l’imparfait. Moi, surtout, je * (lire) beaucoup de romans d’aventures, et avant d’aller au lit, j’ (écrire) mes activités du jour dans un journal intime. The following answer is acceptable: lisais Your response: Lirais Points earned: 0 out of 1 View exercise Enzo continue à parler de ses souvenirs d’enfance. Complétez le dialogue en conjuguant les verbes donnés à l’imparfait. Moi, surtout, je (lire) beaucoup de romans d’aventures, et avant d’aller au lit, j’ * (écrire) mes activités du jour dans un journal intime. The following answer is acceptable: écrivais Your response: Écrit Points earned: 0 out of 1 View exercise Enzo continue à parler de ses souvenirs d’enfance. Complétez le dialogue en conjuguant les verbes donnés à l’imparfait. Ma sœur Loane * (dire) qu’un journal intime, c’était pour les filles, mais mes parents (dire) que non, c’était bien d’écrire. The following answer is acceptable: disait Your response: Dirait Points earned: 0 out of 1 View exercise Enzo continue à parler de ses souvenirs d’enfance. Complétez le dialogue en conjuguant les verbes donnés...
Words: 834 - Pages: 4
...advertisements, expensive, Government should impose law to reduce it, raise awareness, alcohol, culture, lazy 2. For (solution) | Against (problem) | Raise Awareness | Style of living | Government Policy | Deadly disease | Government Help | Advertisements | 3. Ads. Ads. Deadly disease Deadly disease Style of living Style of living Govt. help Govt. help Govt. Policy Govt. Policy Awareness Awareness NCDs in the Pac NCDs in the Pac Problems Problems Solutions Solutions Step 3 Readings (2 articles in IA) | Problems (written in point form) | Solution (written in point form) | Reference | Article 1:Honiara Communiqué on the Pacific Non-communicable disease crisis(Online) | * Deadly Disease75% death * Style of Livingup to 4/5 adult smoke | * Govt. HelpFund health systems * Govt. PolicyTobacco control * Raise Awareness | (WHO.2011,Honiara communiqué.... pp.1-2) | Article 2: The economic costs of non-communicable diseases in the Pacific Islands, by Ian Anderson | * Style of LivingSmoking daily | | (Anderson,I.2013,The economic costs ..... p.1-2) | Readings (2 articles...
Words: 704 - Pages: 3
...Central (AQC) and the group's strongest, most unruly franchise was strained," Barack Mendelsohn, a political scientist at Haverford College, writes. Their relationship "had always been more a matter of mutual interests than of shared ideology." According to Mendelsohn, Syria pushed that relationship to the breaking point. ISIS claimed that it controlled Jabhat al-Nusra, the official al-Qaeda splinter in Syria, and defied orders from al-Qaeda's leader, Ayman al-Zawahiri, to back off. "This was the first time a leader of an al-Qaeda franchise had publicly disobeyed" a movement leader, he says. ISIS also defied repeated orders to kill fewer civilians in Syria, and the tensions led to al-Qaeda disavowing any connection with ISIS in a February communiqué. Today, ISIS and al-Qaeda compete for influence over Islamist extremist groups around the world. Some experts believe ISIS may overtake al-Qaeda as the most influential group in this area globally. 1. The Islamic State of Iraq and the Levant (ISIS) used to have a different name: al Qaeda in Iraq. US troops and allied Sunni militias defeated al Qaeda in Iraq during the post-2006 "surge" — but it didn't destroy them. The US commander in Iraq, General Ray Odierno, described the group in 2010 as down but...
Words: 3136 - Pages: 13
...In this course we have learned about different types of business communiques that are used formally with communicated with other business partners. The communiques that we learned about are email, memo, powerpoint presentation and report. First let’s talk about emails and how effective they are within the business. When it comes to how well it conveyed the message well the status of how the due diligence is was not clearly the focal point of the message and the recommendation overshadows the message that is trying to be conveyed. It was the right type communication to be used. Emails are best for when talking between peers because is not a formal message. The ethical implications are the sharing of information over an email can be seen by others if the email is hacked or if your peer decides to show someone that they shouldn’t have. The information could be that shouldn’t be seen by any other person other than your peer. Then we have a formal written memo to the Chief Executive Officer. The message was very forward about not moving on with the investment. A formal memo is the best way to talk to such a high authority within your company. It shows the professionalism within yourself to your higher making it look like you know exactly what you are talking about and believing in what you are saying to them. Next there is the powerpoint presentation. With the powerpoint presentation it is very easy to read and understand with the slides and animations. It flows very well making...
Words: 384 - Pages: 2
...|[pic] |Course Syllabus | | |School of Business | | |BCOM/230 Version 3 | | |Business Communication for Accountants | Copyright © 2012, 2010 by University of Phoenix. All rights reserved. Course Description This course introduces students to the foundations of communication in a business accounting setting. Students are exposed to various topics related to interpersonal and group communications within the context of applications to the accounting field. Students will develop skills in the forms of written communication, including memos, e-mails, business letters, and reports. Other topics include communication ethics, collaboration, information utilization, critical thinking, and professional competence and values. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: • University policies: You must be logged into the student website to view this document. • Instructor policies: This document...
Words: 1982 - Pages: 8
...[pic] Course Syllabus BCOM230 Business Communications for Accountants Course Start Date: 01/31/2012 Course End Date: 03/06/2012 Please print a copy of this syllabus for handy reference. Whenever there is a question about what assignments are due, please remember this syllabus is considered the ruling document. Copyright Copyright ©2011 by University of Phoenix. All rights reserved. University of Phoenix© is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft©, Windows©, and Windows NT© are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix© editorial standards and practices. Facilitator Information Ed Seibert eseibert@email.phoenix.edu (University of Phoenix) edwardbseibert@gmail.com (Personal) 302-853-2571 (EST) Where to Go to Class Main: This is the main forum for the class and is where discussion is conducted. It has read-and-write access for everyone...
Words: 2662 - Pages: 11
...communication style to meet the audience requirements. Purpose Learning Team A was given five different accounting scenarios with limited amount of information on the JJJ Company, Riordan Mfg, Ad hoc Committee, CEO and the employees. Each team member was assigned a role from the accounting scenario and instructed to write and effective communiqué based on that roles. The communiqués could be n the form of a formal memo, email, power point, and text message. The types of communiqués were based on the information, i.e., formal, informal, long report, short report format, email, power point presentation, or memo, etc. Then each team member had to evaluate the business communication written by the other members and determine its effectiveness by using the following questions as a guide. 1) How well did the communication convey the intended message? 2) Would another type of communication have been more appropriate? Why? 3) Is the communication at the appropriate level for the intended audience? 4) How did the leadership styles in the scenario affect the communication within the group? 5) What changes would you recommend to improve the communiqué? 6) What are the ethical implications of the information being shared? 7) Does the communication share too much information? 8) Does the communication share too little...
Words: 1082 - Pages: 5
...There are a lot of explanations why interpersonal communications may not be effective. In many communication issues, the content may not be understood precisely the way the sender sent the message. It is, therefore, significant that the communicator seeks out a response to ensure that the content is clearly understood. There are a lot of explanations why interpersonal communications may not be effective. In many communication issues, the content may not be understood precisely the way the sender sent the message. It is, therefore, significant that the communicator seeks out a response to ensure that the content is clearly understood. However, even when collaborating in the same dialect, the vocabulary used in a communication may act in place...
Words: 264 - Pages: 2
...Nixon and the U.S. Rapprochement with the People’s Republic of China When Nixon began his presidency, the relations between the United States and China had been fraught ever since Mao Zedong’s Communist Party achieved power and established the People’s Republic of China (PRC) in 1949. Less than a year later in 1950, the Korean War, in which American troops died at the hands of the Chinese People’s Liberation Army, further exacerbated the situation. The next twenty years were characterized by American opposition to UN membership for Mainland China, three crises between the two nations in the Taiwan Straits, threats of nuclear attack, and the fighting of a proxy war in Vietnam. But the two decades of hostility and nonrecognition of the People’s Republic of China was brought to an end during President Richard Nixon’s administration, marked most prominently by Nixon’s historic visit to Mainland China in 1972. In ending this hostile estrangement, Nixon thus executed the first stage of a momentous diplomatic revolution in U.S. policy towards Communist China. This turning point, as Nixon and his National Security Adviser Henry Kissinger suggested, also “changed the world” by transforming a Cold War U.S.-Soviet bilateral international system into a tripolar one, in which powers are balanced and national interests are secured. In the process of the rapprochement, President Nixon, managed to show the world his sound judgment, pragmatic perspective, and negotiation strategy in the field...
Words: 3966 - Pages: 16
...Position / recommandation AMF n° 2010-03 du 16 septembre 2010 Questions – Réponses de l’AMF sur le transfert vers Alternext d’une société cotée sur Euronext Textes de référence : articles L.421-14 et L.433-5 du code monétaire et financier et article 223-36 du règlement général de l’AMF (RGAMF). La loi n° 2009-1255 du 19 octobre 2009 tendant à favoriser l'accès au crédit des petites et moyennes entreprises et à améliorer le fonctionnement des marchés financiers (articles 11 à 13) prévoit la possibilité pour une société cotée sur un marché réglementé de demander l’admission de ses instruments financiers aux négociations sur un système multilatéral de négociation organisé. A la suite de ces nouvelles dispositions législatives, l’Autorité des marchés financiers a adapté, en concertation avec les professionnels1, certains articles de son règlement général. Le nouveau dispositif est entré en vigueur le 16 novembre 2009. Il permet notamment à une société cotée sur un marché réglementé de se transférer sur un SMNO sous certaines conditions. Enfin, l’Autorité des normes comptables a adopté le 3 juin 2010 un règlement et une recommandation relatifs aux modalités de transition vers le référentiel comptable français par les sociétés dont les titres sont transférés d’Euronext vers Alternext. Ces textes ont été publiés le 28 juillet 20102. L’AMF publie en conséquence une liste de questions-réponses sur le transfert sur Alternext qui pourra faire l’objet de mises à jour...
Words: 3364 - Pages: 14
