...------------------------------------------------- Top of Form Bottom of Form | RSS | | * 0 items - £0.00 * Economics Help * Blog * UK economy stats * * * * * * * * * * * * * * * * * A Level Blog * Shop * Ask question You are here: Home > Economics help blog > Pros and Cons of Mergers Pros and Cons of Mergers by Tejvan Pettinger on February 22, 2012 in economics A look at the pros and cons of mergers. Are mergers in the public interest or are mergers just beneficial for top executives and shareholders? When looking at mergers it is important to look at the subject on a case by case basis as each merger has a different possible benefits and costs. These are the most likely advantages and disadvantages of a merger. Pros 1. Network Economies. In some industries, firms need to provide a national network. This means there are very significant economies of scale. A national network may imply the most efficient number of firms in the industry is one. For example, when T-Mobile merged with Orange in the UK, they justified the merger on the grounds that: “The ambition is to combine both the Orange and T-Mobile networks, cut out duplication, and create a single super-network. For customers it will mean bigger network and better coverage, while reducing the number of stations and sites – which is good for cost...
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...y Student name: Minh Quyen Pham (Q) Class: IPE1 Title of essay: An evaluation of the advantages and disadvantages of adopting the Euro. A case study of The UK I. Introduction According to European Commission (2011a), a new common currency in Europe was announced on the first day of January 1999. At that time, there were eleven European countries decided to join the Euro and the Euro was introduced instead of their own currencies. The Euro has been adopted as a main currency of the country members, including Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxemburg, the Netherlands, Portugal and Spain. In order to be accepted to use the Euro, these countries had to agree with the conditions called “convergence criteria” about the price and exchange-rate stability, long-term interest rates, total government debt, government budget deficits, and central bank independence. These aspects will be discussed specifically in this essay. In the early stages of announcing and using the Euro, four members of the EU still remained separate from the Euro, namely Denmark, Great Britain, Greece, and Sweden. Later, in 2000, Greece changed its decision to accomplish the agreement. In 2001, it started adopting the Euro. At the present time, there are 17 out of 27 EU countries using the Euro as an official currency, which makes it become one of the most important currencies in the world. In the future, apart from Denmark and Britain, all other members of the EU will adopt the...
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...elderly dependence. There are three main ways to split the ways they are sorted and these are Social, the ways in which the elderly population affect the people around them, political, the ways in which the elderly population affect the politics of a country, and finally, economic, the ways in which the elderly population affect the wealth of the country. Social impacts can be negative or advantageous, an advantage would be the fact that in a study on volunteering 35% of people aged 75 or over regularly give up their free time to help others. This is beneficial as it helps many people, this also links to the fact that they look after grandchildren and other elderly relatives such as husbands/wives or sisters and brothers. However, a disadvantage would be that they are also dependent on their family for support; this can put pressure on the families. A recent study showed that 600,000 disabled older people in England receive care from adult children; this number is expected to rise by 90% to 1.3 million in 2041. Elderly populations tend to group up, for example in Eastbourne where the majority of the population is elderly. This means services provided there will be less suitable for younger adults, which causes them to move away, further increasing the ratio of young-old people. Political impacts are mostly positive however, for example, crime rates are expected to decrease, as the elderly are far more law-abiding than the young are. This means that the need for a strong police...
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...my manager has taken. How the decision will help her and meet the organisational benefits. Also I would like to demonstrate how all the learning process of decision making will reflect my own work and practice as a assistant manager. 2.1 Overview of Organisation My company name is Housing & Care 21, established in 1964. It’s the UK’s largest non-profit care provider and a national leader in providing innovative, affordable housing for older people. Also it works closely with local communities to develop new services that meet the needs of older people and neighbourhoods. It has over 28,000 customers and delivers more than 80,000 hours of home care by 6500 members of staff. It has turnover £200m and chairs the national Housing and care Dementia research Consortium. It acquired Claimer Care Group Plc. in 2009.The company invests in A* rated vocational qualifications centre so our staff can fulfil their potential and giving them the skills to provide the best possible services to the residents and service users. Housing & Care 21 promotes choice and independent for older people through a range of care, health and housing services and accommodation. Its expertise includes retirement housing, care and support services, dementia services and partnerships with customers, commissioners also others who share the company values. 2.2 Example of Two decisions that has been Taken by Manager Here I would like to mention two decisions that employed by my manager. Decision1: End...
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...on a variety of sociologists writings on modernity explain the idea of modernity as both positive and negative. Modernity is defined in the Collins English Dictionary as the quality or state of being modern. (Hanks 1979) This state of modernity, as described by M. Berman, is one that has positive and negative influences on both the private and public spheres. The modern world in which we live is one that is heavily influenced by the havoc of war and the ongoing process of capitalism. In order to understand the complexities of modernity, one must weigh its pros and cons. Ex-Cambridge Lecturer and sociologist T. Bilton pinpointed the origins of modernity to be during the Industrial Revolution of the 18th century. He discusses the slow industrialisation, new attitudes towards capitalism, and mass urbanisation. These attributes of modernity saw positive growth in wealth and the creation of bigger and more fluid markets. The trends that originated in 1780s England were to soon spread globally, with an increasing concentration of workers in larger workplaces, in tandem with deteriorating work conditions and an increase in the formation of unions. Thus, despite the periodic economic advantages of the modernisation in the workplace, there was a significant degradation of the social structure that supported the workforce as a whole. The growing distance between employee and employer, in addition to the sharpening gender and age difference, was a ‘disadvantageous’ consequence of a...
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...TITLE PAGE Business Environment Assignment (2015) – (Y/601/0546) * A Qualitative Business Analysis of Two Different Organisations: - (Waltham Forest College: Public Sector and Costa Coffee: Private Business Sector). * This Process Involved Assessing the Influence of Stakeholders and the Relationship Between Businesses and The Local, National and Global Market Environments. CONTENTS LIST PAGE Introduction 3 Literature Review 4 Overview: Critical Review 6 Methodology 7 Investigations/Findings 8-19 Conclusions 20 Recommendations 21 Bibliography/References 22 Appendices 24 1.1 INTRODUCTION This report is a qualitative analytical assessment (Easterby-Smith et al 1991) by the author on behalf of Charles Hunt Investments concerning two contrasting organisational types. The first entity is Waltham Forest College, which is an expanding UK public sector college. The other company is Costa Coffee – a successful UK based and international coffee chain which provides high quality food and beverages service to UK and overseas clients. The aim of this report is to investigate and qualify how Charles Hunt Investments can raise financial resources from (for) clients such as the above mentioned and examine ways, on a long term basis how to secure the best dividends (tangible and intangible benefits) for its stakeholders (Kotler, 1997). A further aim of this qualitative study is...
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...INTRODUCTION Governments of all political leanings show an interest in their housing sectors, since housing touches people's lives directly. In socialist countries, governments take care of everything including housing. However, capitalist governments are also keen to improve their housing sectors. For instance, both Conservative and Labour governments in the United Kingdom have concentrated on housing at times of closely fought elections demonstrating how important politics has been to public housing investment. In the UK both Conservative and Labour parties attempt to draw as many voters as possible towards them at election time through highlighting this priority. However, despite this political attention to providing housing particularly in third world countries, several problems still face many countries such as providing infrastructures, education, and health care services and Jordan is one of these countries. One of the most important difficulties in Jordan is housing, which manifests itself in a shortage of housing as a result of insufficient finance where the expenditure ratio on housing in development plans decreased from 25.7% in 1970 to 9.1% in 1992 (General Committee of Planning, 1997). In addition, the General Council of Planning report highlights that there are also finance difficulties faced by the housing sector (General Council of Planning, 2002). This research deals with the housing problem in Jordan in general, and discusses in particular the estimation of...
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...submitted late without a granted extension will be subject to penalties, as outlined in the Programme Handbook. Penalties will be applied for a maximum of five days lateness, after which a mark of zero will be awarded. | Marker’s Comments (if not being marked on-line): | % % Deduction for Late Submission: Final Mark: TSURU Strategy Analysis Group A-5: Justus Brinkmann, Samuel, Nkwam, Chena Ohanele, Julie Sjohaug & Shane Stennicke-Roensholdt Group A-5: Justus Brinkmann, Samuel, Nkwam, Chena Ohanele, Julie Sjohaug & Shane Stennicke-Roensholdt External Analysis PESTLE analysis demonstrates that economic and social factors are the main macro environment influencers in the restaurant industry. The UK has been recovering from the recent recession...
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...Policy Brief Families are often faced with a range of different, complex health and psychosocial problems. Place-based approaches aim to address these complex problems by focusing on the social and physical environment of a community and on better integrated and more accessible service systems, rather than focusing principally on the problems faced by individuals. A place-based approach targets an entire community and aims to address issues that exist at the neighbourhood level, such as poor housing, social isolation, poor or fragmented service provision that leads to gaps or duplication of effort, and limited economic opportunities. By using a community engagement approach to address complex problems, a place-based approach seeks to make families and communities more engaged, connected and resilient. An initiative of The Royal Children’s Hospital, Melbourne Centre for Community Child Health Issue 23 > 2011 Translating early childhood research evidence to inform policy and practice Place-based approaches to supporting children and families Additionally, the circumstances in which children are growing up have changed10. Children now have fewer models of caregiving, community environments are less child-friendly and electronic media has become a dominant feature in children’s lives12,13,14. Social climate change is also evident in the increasing complexity of modern society15. One manifestation of this complexity is the increase in ‘wicked’ problems16 such as obesity...
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...good evidence to show that social class is a major determinant of educational success even independently of measured differences in IQ. I shall therefore concentrate upon the three more sociological approaches and in each case it may be argued that the factors which may disadvantage working class students in general are especially likely to disadvantage those working class students who experience poverty. However before analysing the possible effects of poverty on educational achievement some preliminary investigation of the nature and extent of poverty in the UK is first necessary and for these purposes we must first distinguish between absolute and relative poverty. Absolute poverty is said to occur when individuals lack the money necessary to ensure their basis physical survival whereas relative poverty exists where individuals have insufficient money to participate fully in the life of their society. Absolute poverty is associated mainly with "Third World " countries although it is possible that pockets of absolute poverty still exist in the UK. Social theorists working with a relative definition of poverty nowadays usually define poverty to exist where individuals are receiving an income below 60% of the UK median income. On this definition...
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...[Writer’s Name] [Institute’s Name] Introduction Employment law Employment law is the branch of law which governs the creation, operation and termination of employment, determines the mode of co-workers; the measure establishes safety and disposition of labour disputes. Labour law regulates not processes, and social relations of subjects of labour relations, that is, the social forms of labour. From this point of view of work of the scientist, inventor, writer, and other individual forms of labour are not subject to the regulation of labour law, as performed outside of public relations. Employment law contains rights and obligations of workers and employers. Employment law is characterized by a combination of centralized and local regulations. In the local regulations adopted by agreement of the parties shall be determined daily working hours, set at rest (break), consistent recording of leave and other issues in detail regulate the working conditions of employees. It is important that the rules of local acts do not conflict with federal law. The principle of equality has evolved into demands real equality of opportunity in all areas of life, necessitating the implementation of a full and comprehensive approach to gender equality. It has been important developments in the work related to equality, to equal results, because if people got only equal opportunity, not the liability of government and society in general to guarantee the result and the effectiveness of policies...
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...Singapore – Country Analysis Vineet Khattar; Group Work 9/29/2012 Contents Country Background: .......................................................................................................................... 3 Cultural Aspects of Singapore: ............................................................................................................ 3 Political context................................................................................................................................... 3 Economic policies of Singapore .......................................................................................................... 4 Institutional Framework ..................................................................................................................... 5 Labor Policies of Singapore ................................................................................................................. 7 Objectives of the country: .................................................................................................................. 8 Corresponding Policies Implemented by the Government ................................................................ 8 Performance ....................................................................................................................................... 9 Opportunities, Challenges and Risks......................................................................................................
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...h th ow gr ar et on m y ion lic o yp t ec ot tive pr pec t s st n o em ti un xa idy ta ubs s c e l se w s po ket ies ar eg e m at g str ad y c s tr gin te er ra oli ver ersment n of emorpo m l p o rg ploy xatio ts ke e cl er ers n m lder p yme u ns keho plo a co n io t fla in g lin r e ng hao a ke c eed c a m fis t objectives t fr d men aims an ic environnment m econo enviro ment social nviron ange h legal e e em un ta of c causes ship leader g and proc hange g for c ess entin implem ing change s manag decision plannin rship exch st rates intere tives objecg markets in g emerg tion inflaange rates cto phic fa nemp subsid taxa hea u n envirot l M e ade s on na a n gi ra demog al dec politic ow ons er su n c C change i nfl subunemployateion men si m nt t re gula dy tio p an h envir social u lea ence ns d s fisc ersh al p i olic p y ge leade e cultur nt onme leg al inte stra rnal c teg au infl ic decisio ses enviro n missio tec al envir ecisio nt ra hno onm ns logi ent po cal or c strategi es influenc ent nm han ic envi gic lega ge a aim ron men l p l stra enviro roces t nm te soc tegic e s i d ic om on ec cy ure env ct iron ...
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...Names and Education – there will be 4 questions on Education. These are simply names – you do not need to remember them all – you need to choose which ones you want to remember. Cut and paste to reduce. It is vital that you also have a generaloverview of the key ideas so do the same for key concepts / theories 1. Theories of Education – What is the role and purpose of education? |Functionalism | | |E.Durkheim and T.Parsons |Passing on society’s culture: this then unites people together by giving them shared values (value consensus). | | |According to Durkheim schools are societies in miniature - he argues that the key role of education was to teach | | |children moral responsibilities in order to promote social solidarity. Education provides secondary socialisation. | | |(Meaning the teaching of norms and values of society) to add to the primary socialisation provided by the family. | | |Examples of the values that education teaches to children include the importance of achievement, meritocracy and | | |competition. ...
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...When resources are scarce/ limited, each player must make a choice but in making this choice something must be given up which is the opportunity cost of making a decision. PPC – Production Possibility Curve A PPC curve shows the maximum possible combinations of any 2 goods/services given the limited resources available to produce them. Economics as a subject is divided into 2: 1. Positive economics a. Numbers b. Data c. Facts d. Science 2. Normative Economics e. Values f. Judgment g. Opinion h. Debates Textbooks focus on positive economics only. Normative economics comes from our discussions in class and forums. Microeconomics focuses on the individual markets, players and industries within a country/economy. Macroeconomics focuses on the whole economy/country and also its relations to other countries/economies. CELL * Capital * Entrepreneurship * Land * Labor BEP Questions * What to produce? * How to Produce? * For whom to produce? Supply & Demand The Law of Demand states that as price goes up for a given good/service at a given time, the quantity demanded of that good will fall. Demand is defined, as the quantity of a good/service a consumer is willing and able to buy at a given price over a period of time. Supply is defined, as the quantity of...
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