Wednesday, July 31, 2019

Challenges Faced by the TCL of Household Brands

From the political perspective, China's accession to the WTO, the competitiveness of home appliances market will be growing; TCL will have to accept the challenge of many household brands. These challenges will bring our goods to exchange a big impact. Now farmers are getting richer, the consumption level increases. Later there will be more and more people use appliances. From economic factors, the current domestic economic impact of the economic crisis is not large, but gradually changed the domestic economy was getting better and better, the city people and rural people's spending power is increasing, but because the more tired goods more price increases Fast, so people need the degree of electronic products become low. From technical factors, the people now need more and more domestic TV, the products are constantly updated. However, the domestic production technology of new technologies, is still smaller than the level of international production technology, production technology, we may be big blow, and perhaps only get a small fee. From the social and cultural factors, China's population structure is complex, each of the requirements for electronic products are not the same, especially for mobile phone consumption among young people account for a large position. The consumption level of each person is different; the products are not the same need, so that people differ greatly in need of electronic products. As a large electronics company, TCL has been facing a lot of competitors. Fields in plasma, Panasonic, 20% market share and become market leader, Panasonic is the vanguard of technology with technology. In the LCD TV market, market share reach of first place, Sharp at 28% of the market occupies the second place. The stolen Chang Hong is the first to enter the field, and put the largest companies, in terms of Chang Hong’s rear-projection TV screen, functionality and price point of view still holds in the country's most eye-catching position. For TV, the buyer has a strong bargaining power, because most buyers of TV consumers, individual consumers will be very concerned about product prices. TV is not a necessity in life, is increasingly supported by computers and other electronic information products to replace, consumers are not eager to buy. Many electronics manufacturers, greatly reduced in order to seize the market price of the TV as an electronic information products consumers great choice, convenient channels of information, the information consumers want to know the market very easily. TCL is the internal environment from the following points. TCL lot of resources, from the tangible assets of view, TCL Company continued the production of emerging products. Many people like TCL’s electronics products. TCL latest production of LCD TVs, to protect people's eyes, can also reduce the energy consumption of the TV. From the perspective of intangible assets, TCL won many awards. For example, in 2009, received 60 years in China Brand Image Award; TCL's brand value in 2009 for the first time exceeded 400 billion Yuan. ?(Docin, 2011) TCL has a very good team, TCL of all employees are aware, do not build an internationally competitive corporate culture, can not become internationally competitive enterprises.

Tuesday, July 30, 2019

Online School vs. Public School Essay

Sloan Consortium stated that, â€Å"More than one million students attended classes via the Internet in 2008. Of those million, around 200,000 were enrolled in full-time virtual schools, meaning they attend all of their classes online.† I have been doing Online Schooling for two years but before that I went to public school. Online schooling is a better choice than public schooling because you have more control, there is no drama, and you have more free time. I prefer online homeschooling because I can control my pace. I get to decide when I want to work and I don’t have to study all day, everyday like I normally would. The course schedule is also up to me; courses can be done one at a time or in groups. During my first year at an online school I did five courses at one time. It’s now my second year and I am doing one course at a time, which I definitely prefer. At Public schools, course schedules are picked for me and I would have no control. You also can’t control what is going on in your school environment. One of the best things about online school is that there is never any drama. I really hate gossiping, which is a big problem at public schools. Because I only interact with other kids from my school by way of the internet there is no pettiness between us. Kids my age fight over friends and boyfriends or girlfriends. There’s nothing to fight about when you live as far away from each other as we do. At normal schools though, you see everyone everyday. When your constantly with the same group of people, someone’s feelings are always getting hurt and there is constant arguments. Many of situations involve your â€Å"friends†. If your friends with someone you can’t be friends with anyone they don’t like, which can get very complicated. 3 When doing school online, you have much more free time. If I stay caught up, I’m able to do things after school and on the weekends. When I was in public school, I had far too much homework to do anything. Now I’m able to take a few days off for vacation or because I’m sick and not have to worry about falling far behind. While at public school all of my time was filled by homework, but now I’m able to spend hours after school with my horse or just relaxing. Some of my family has expressed concern about me not  interacting with children my age because I don’t go to public school. Because of online schooling, I’m able to hang out with my friends at our barn. Before I switched I never saw any of my friends outside of school because I never had the time. Online schooling is a much better choice than public schooling. The benefits of online school far outweigh those of public schooling. With Online schooling you have so many more choices, everything is up to you! There are many different schooling choices but online schooling has made my life easier and stress free. I definitely suggest that you look into online schooling as an alternative to public school. It may not be right for everyone, but it might be right for you.

Monday, July 29, 2019

Audit Assurance and Compliance for Accountability- myassignmenthelp

The main information is seen to be based on the various types of eh compliance which is seen to be based on the financial report of DIPL. This has been further seen to be based on the development pertaining to the audit plan with the various types of the guidelines generated in the audit process. In particular this has been seen to be helpful for the assessor in the consideration of the various types of the consideration made in the audit cost as per the assists in the aversion in the aversion for misunderstanding of the clientele data. The various aspects of the analytical data has been further seen to be associated to the dissemination of the information based on the financial declarations of the company. The important aspect of the process has been further based on the specific approach of the financial declarations, financial analysts and accountants for taking vital business decisions (Mahmoud Hosseinniakani, Inà ¡cio and Mota 2014). The analytical approach has been further considered as per the common sizing and analyse the reference point. The comparison of the financial statement has been considered as per the different types of the methods seen to be conducive for different period in different corporations. The ratio analysis of the company has been further seen to be considered as per the financial declarations of the audit (Adams and Evans 2004). Explanation of the way the results influence planning decisions for the audit The planning of the decisions has been further seen to be considered as per the audit planning when necessary. The results of the analytical process have been considered as per the classification of the financial statements as per the relevant information. For example, the various types of the outcomes of the ratio has been taken into account as per the current ratio of DIPL. This has been computed as 1.42 in 2013, 1.46 in 2014 and 1.5 in 2015. The main aspect of the profitability has been further seen to be 0.068 in 2013, 0.60 in 2014 and 0.06 in 2015. The various aspects of the profitability have been further able to reveal that the net income earned by the firm has been compared to sales from DIPL   (Ruhnke and Schmidt 2014). The assessor needs to understand the reason for high or low expenses to curtail the budget and time. The various types of fluctuations in the ratio are conducive for audit assessment with the soundness in the financial position. Comparably in 2013 and 2015, the solvency ratio is discerned as 0.62 and 0.21(Ghani and Rahman 2015). The important aspect of auditing has been able to show several incidences of material misstatements in the financial announce with a particular company. The various types of the risks have been further related to the financial misstatements with the financial declarations of the corporation. The risks have been further assessed as financial as well as non-financial factors. Despite of this fact the other related risks are seen to be related with omission and diverse errors, which are further seen to be diverse in nature for the operations of business in DIPL (Knechel 2016). As per the given situation the various transactions has been omitted by accountants. This has been directed sequentially with the inconsistencies particular to the essential planning with the sales activity. The depictions made from the study has further disclosed about the accomplishment in terms of the profit generated from sales. The analysis off the given case has been further seen to be associated to the IT implementation process related to certain issues. DIPL is not adequate to handle the execution process and the installation of the reconciliation and the testing of new arrangement at the year end (Kilgore, Harrison and Radich 2014). The cash receipts have been recorded as per the inherent risk present in the company and the same has been suspected based on the material misstatement consideration. Excessive pressure on employees and management- The excess work pressure among the members and the staff has been further related to poor bookkeeping practice. The various attributes has considered as per the poor liquidity, operating outcome and issues in the cash flow (Schmidt, Wood and Grabski 2016). Risks of errors or else incorrect misrepresentation- The main form of the intricacies and the errors has been misrepresented simultaneously (Duncan and Whittington 2014). Integrity of the entire management- The management team of DIPL is seen to lack the required integrity and the expectation to prepare the reputational loss in the business. Unusual pressure on management- The existence of the incentives for the management is based on the issues associated to exits incentives for the misstatements in the pecuniary declarations. Nature of entity business- The growth in the major economies has been seen to be competitive in this circumstance. The aforementioned aspects of the inherent risk of the business have been further based on the consideration to analyse the planning structure of the audit (Gul, Wu and Yang 2013). Identification and explanation of two key fraud risk factors relating to misstatements arising from fraudulent financial reporting The main risks indicated has been considered as per the amount loss incurred based on the fraud. The dissatisfaction among the workforce is based on the employees inducing their involvement in fraud. The various types of the consideration have been further based on specific financial outcomes in terms of changing of the guarantees generated (Kubuabola 2013). Fraud incidence for workforce engagement The main aspects of the fraud risk has been further considered as per the operation of DIPL. The operations of DIPL have been further based on consideration of novel accounting system. The pressure from the employees has been seen to be carried in the installation process for the new IT systems leading to fraud in accounting. The revealing of the IT system has also showed that the engagement in the fraudulent activities has led to the material statement in the audit statement. The various discussions of the study have been also able to show that incidence of improper handling of the IT procedure and allocation of transactions at the end of every year. This may further lead to loss by the end of every year. The different types of the discussions of the study has been further able to show the various incidences associated to the improper handling of the process and the IT and the improper allocation of the transactions during the end of each year (Christensen, Glover and Wood 2013). The fraud in the financial report has been seen to be another important risk factor. At times, due to excessive pressure it has been observed that the outside financiers will be able to declare the various types of the specific announcements made by the financial management to adhere to the certain goals to qualify for the acquisition of the debt. The high nature of the risk has been further seen to be associated to the improper financial considerations. The financial position of DIPL has been further able to depict the different considerations for the increasing trend of revenue from 2013 to 2015.In addition to this; the current asset of DIPL has increased to a considerable level. The gross profit has also increased from 2013 to 2015. The main considerations of the study has been taken with loan amounting to 7.5 million particularly in the loan agreement by maintaining current ratio of 1.5 and the debt equity has been seen to be lower than 1. This particular requirement has been rel ated to the considerations made in terms of improper reflection of the financial position. The company failed in terms of the maintaining the prescribed benchmark which will be able to relate to make the company eligible for the non- eligible finance of BDO (Ackers and Eccles 2015). As per the case study, the valuation of the raw materials of the inventory has been considered at a certain average cost which has been not seen to be appropriate with the present cost considerations. This is because the cost on paper was more than the average cost. The risk associated to the fraudulent activities has been   further seen to be based on monitoring and the evaluation of the financial statement at the same time (Winer et al. 2015). Ackers, B. and Eccles, N. S. (2015) ‘Mandatory corporate social responsibility assurance practices’, Accounting, Auditing & Accountability Journal, 28(4), pp. 515–550. doi: 10.1108/AAAJ-12-2013-1554. Adams, C. and Evans, R. (2004) ‘Accountability, Completeness, Credibility and the Audit Expectations Gap’, JCC 14 Summer 2014, pp. 97–115. doi: 10.9774/gleaf.4700.2004.su.00010. Christensen, B. E., Glover, S. M. and Wood, D. A. (2013) ‘Extreme estimation uncertainty and audit assurance’, Current Issues in Auditing, 7(1), pp. 36–42. doi: 10.2308/ciia-50447. Duncan, B. and Whittington, M. (2014) ‘Compliance with Standards, Assurance and Audit: Does this Equal Security?’, in Security of Information and Networks (SIN), 2014 Proceedings of the 7th International Conference on, pp. 77–84. doi: 10.1145/2659651.2659711. Ghani, N. L. A. and Rahman, A. R. A. (2015) ‘An analysis of Shari’ah audit practices in islamic banks in Malaysia’, Jurnal Pengurusan, 43, pp. 107–118. Gul, F. A., Wu, D. and Yang, Z. (2013) ‘Do individual auditors affect audit quality? Evidence from archival data’, Accounting Review, 88(6), pp. 1993–2023. doi: 10.2308/accr-50536. Kilgore, A., Harrison, G. and Radich, R. (2014) ‘Audit quality: what’s important to users of audit services’, Managerial Auditing Journal, 29(9), pp. 776–799. doi: 10.1108/MAJ-08-2014-1062. Knechel, W. R. (2016) ‘Audit Quality and Regulation’, International Journal of Auditing, 20(3), pp. 215–223. doi: 10.1111/ijau.12077. Kubuabola, S. (2013) External Quality Audit, External Quality Audit. doi: 10.1016/B978-1-84334-676-0.50005-4. Mahmoud HOSSEINNIAKANI, S., Inà ¡cio, H. and Mota, R. (2014) ‘A Review on Audit Quality Factors’, International Journal of Academic Research in Accounting Finance and Management Sciences, 4(2), pp. 243–254. doi: 10.6007/IJARAFMS/v4-i2/861. Ruhnke, K. and Schmidt, M. (2014) ‘The Audit Expectation Gap: Existence, Causes, and the Impact of Changes’, Accounting and Business Research, 44(5), pp. 572–601. doi: 10.1080/00014788.2014.929519. Schmidt, P. J., Wood, J. T. and Grabski, S. V (2016) ‘Business in the Cloud: Research Questions on Governance, Audit, and Assurance.’, Journal of Information Systems, 30(3), pp. 173–189. doi: 10.2308/isys-51494. Winer, R. A., Bennett, E., Murillo, I., Schuetz-Mueller, J. and Katz, C. L. (2015) ‘Monitoring Compliance to Promote Quality Assurance: Development of a Mental Health Clinical Chart Audit Tool in Belize, 2013’, Psychiatric Quarterly, 86(3), pp. 373–379. doi: 10.1007/s11126-014-9331-5.

Assignment, explore the topic of family Assignment

, explore the topic of family - Assignment Example It is astonishing to see how the two are divided along political lines. It goes to the extent of putting up posters of their respective political parties in sections of the house and his father sticking stickers on his car. Moreover, the daughter does not like guns, as opposed to his father who is obsessed with them. She is so deep into art and calm, while his father is stubborn and single minded. In another occasion, after her father was scolded by her mother for shooting at crows, he claimed shooting is a pastime like apple pie and baseball. This statement means that he could use his gun whenever, however, and whenever he felt like. In addition, the author’s sister has so much in common with his father as she loves guns too. Later on, she realizes she shares some similarities with her father as she comes to terms with his father’s love for artillery. She even wants to go and see his father’s manufactured cannon being launched. She finds out his father is artistic and creative (Vowell, 2001). Though they seemed different at first, they were similar in many

Sunday, July 28, 2019

Learning diaries Essay Example | Topics and Well Written Essays - 4500 words

Learning diaries - Essay Example He advises that managers can use many strategies concurrently, but one can switch between the different hats as business progresses (Hargie, 2011, P. 15).The white hat strategy focuses on management’s decision centering on just the facts at the management’s disposal. Management wearing the white hat has to primarily and ultimately make decisions based on the facts at hand before making any decisions. The only considerations’ base is on proposals and data, and their presentation focuses only on neutrality and their presentation. Bono advises that although it is viable, the leader should not wear it for a long time as it only asks the questions of â€Å"what is the manager has, what is missing, what the manager would like to have and how to avail this extra information† (Hargie, 2011, P. 75). The yellow hat strategy asks management to base their decisions purely on how benefits can are attainable. Management in the yellow hat should not look for the cons in entering the particular business ideas. It focuses on just the positive side of things with pros filling the sheet of paper. The underlying factor in wearing the yellow hat suggests that the entrepreneur to assess the benefits of venturing into the idea, it focuses on the proposal at hand and assesses the positive assets available (Hargie, 2011, P. 765). The manager should then ask how this proposal should commence. Bono asserts that its viability is that every good business idea deserves the entrepreneur’s attention Yellow hat attire, but the profits are not always instantly (Hargie, 2011, P. 765). The black hat sends out a word of precaution. When wearing the white hat, one’s obligation focuses on cynicism and utter concentration on assessment. One has to carry out logical assessments, focusing on the attributed costs, the formulation, the feasibility and also the safety factor. Usually, this decision making hat reflects on why the proposals do not align with the facts at

Saturday, July 27, 2019

The World's Poorest Countries Assignment Example | Topics and Well Written Essays - 2500 words

The World's Poorest Countries - Assignment Example Countries with GDP per capita of $765 or lesser than that are declared to be the poor countries (The 10 poorest countries of the world, n. d) According to International monetary fund and the CIA world factbook, Zimbabwe was declared as the poorest country in the world in the year 2010. The study of the list of poorest country in the world also brings into notice that among the top 10 poorest country in the world, 9 of them are from the region of Africa which reflects the vulnerability of the African region. The table below shows the list of the top 10 poorest countries along with their respective GDP during the year 2010 as declared by the International monitory fund. Countries Annual GDP per- capita (in $) Zimbabwe 0.1 Democratic republic of Congo 334 Liberia 379 Burundi 401 Somalia 600 Niger 736 Eritrea 739 Sierra Leone 747 Afghanistan 800 (Top 10 poorest countries in the world 2010, 2010) Poverty is reigning in most of the countries. The causes underlying the poverty are varied in nature. It is not always the people who are responsible for the predicament. The governments of the country play a major role in framing policies which leads to the successful development, whereas failure from their behalf makes the people suffer for years. The leaders of the developed countries are also responsible as their external influences often make the government of poor countries helpless and results in unequal rules of trade. Structural adjustment has been one of the prime causes of poverty. To attract the investment form the developed nations, poor countries try to reduce the wage structure and provide cheaper resources but ultimately it results in the degradation of the economy and increases the poverty level among the people.... The study of the various socio economic conditions of the poorer nations reveals the fact that the opportunity of free trade is not present in the countries. The important factor required in the success of the free trade lies in the fact that the nations entering into the free trade should possess skills and resource to produce cost effective goods and services with which they can trade with other countries. It has been portrayed that the absence of adequate capital, labor and infrastructure prevails in most of the countries. The paper studies in detail about the various aspects of the poorer countries and studies whether any possibility of free trade exists among the poorer nations. The option of free trade would have definitely helped the countries to recover from their overall financial crisis, but the preliminary requirements of entering into the free trade are absent among the countries as highlighted in the study. It is recommended that the poorer nations should prevent them from entering into the free trade agreements unless and until they have the necessary infrastructure and they improve on their core sectors of the economy. If the countries decide to enter into free trade, it would become much more vulnerable for them instead of helping their situation. However the countries should make a strong effort in improving their conditions so that they are in a position to enter free trade as it will really provide an added advantage to them in the days to come. Help from the developed nations of the wo rld are also required for the promotion of free trade among the poorer nations.

Friday, July 26, 2019

A New Approach for the Latino Community Annotated Bibliography

A New Approach for the Latino Community - Annotated Bibliography Example According to the findings, it can, therefore, be said that as the world moves at a fast pace, cultures merge, people migrate and acculturation takes place, we can be sure that "Latino" community advantage ultimately poses as a disadvantage because the "Latinos" are losing their individual identity. It was the identity that was given to them by their country, whether it was Colombia, Argentina, Ecuador or Haiti. Their cultures (sports, food, arts, film, and architecture) differ, their languages diversify slightly, their religions may not be the same - and then why should they not be called an Argentinean or a Colombian rather than a Latino There should be a new approach for the "Latino" community where their differences should be studied, and then highlighted in various ways so as to communicate them to the world and especially the United States of America so that any sort of biases and stereotyping can be avoided against them.  "Latino" is a term used for the people who belong to L atin America. This region consists of each country, each with its unique language, culture, and identity. But their immigration to other countries of the world like the United States of America have crushed their individual identity and made them popular as a collective unit, yet considered a minority and treated with biases and prejudice. This discrimination and highlight of a community aspect of Latinos have been mostly brought forward by the Spanish media, whether it is the television, newspapers, radio or the likes. Such media propagation by any country gives further impetus to different countries to form stereotypes and biases for these people. An Argentinean has a totally different culture than the Bolivian who lives in the U.S., a Brazilian has different beliefs than a Colombian who works in U.S. and Ecuadorian will have different thought processes than a person from Panama who study together in U.S. Such differences need to be highlighted. Latin America's rich and diverse cu ltural needs to be brought in front of the world but what media does is only show a cross-section of the population from Latin America, collectively labels them as Latinos and ignores the diversity available in the region. This is an important topic to address as it wants to achieve a basis for the vast differences between the 20 countries and their residents, who are part of Latin America. What is happening to the residents of Latin America is unfair. It needs to be looked into. Other topics would just have been an addition to the database of various papers who talk about Latinos. But talking about their differences and the situation of being referred to as "Latinos" puts them in an advantageous position as a community and at a disadvantage when it comes to their individuality. This ambiguous situation is difficult to weigh and talked about rarely. The Latinos know what they go through but I, being a student, subjected to the study of Latino culture, want to unravel their range of cultures and individuality as written and argued by prominent authors.  

Thursday, July 25, 2019

Ploting the current yield curve Research Paper Example | Topics and Well Written Essays - 1000 words

Ploting the current yield curve - Research Paper Example The yield curve shows a declining trend of Average Interest Rates for both the marketable and the non-marketable treasury securities in the US security market. It shows a negative gradient on the curve for a period of 13 years for the purpose of making qualitative comparison. For the entire period, the best period of interest for trading is 2013, since the interest rates are on the rise yet the results are for the yields for the first half of the year. It is a declining performance indicator showing that the interest rate is likely to continue falling in the coming years if all factors remain constant. The average rates of interest for the US Treasury Securities are computed using the total debts that are bearing interests, though they are not matured. There are certain US securities that are not included in the calculation of the average rates of interest, overall marketable and non-marketable debts as well as debts that bear interests. This is because these US securities do not hav e protection against the effects of inflation according to Fabozzi (2008). Question 2: Answer The description of the interest rates trend over the past many years is a derivative of the interest rates shown in the table below. Maturity Year Interest Rate 1987 5.78 1988 5.452 1989 5.164 1990 5 1991 4.6789 1992 4.548 1993 4.244 1994 3.94 1995 2.988 1996 2.132 1997 1.969 1998 1.827 1999 1.478 2000 1.432 2001 1.3979 2002 1.2 2003 1.177 2004 1.089 2005 1.054 2006 0.947 2007 0.859 2008 0.67 2009 0.36 2010 0.15 2011 0.134 2012 0.087 2013 0.04 2018 0.01 Figure 2: Interest Rates Interest rates in the curve are in a continuous trend of gradual decrease from 1987 to 2013, with a projected forward movement projected in the years after 2013. The period shows results for the last 28 years. The only year that indicates a drop is 2012, perhaps caused by temporary factors based on the market variables of the US Treasury Securities. The securities market is heading to a point where the rates are cons tantly reducing. The same trend is presented in the report by the head of research on securities and rates in the global scene. The research team explained that the rates of interests fell within ten years at a rate of 1.58 percent per year because investors turned to government debt in an attempt to salvage the future of their businesses (Slane, 2004). The decline in the interest rates and yields is caused by the increase in treasury prices. Interest rates proceeded to reduce further as years moved on and the global banks attempt to maintain rates at their lowest in order to encourage their economic growths and encourage more lending (Friedman, 2004)). Even so, the view of reducing the speed of growth of the globe moves the rates to lower values, considering the demand which investors have for trading with safer assets. Question 3: Answer The trend shows that the interest rates progressively drop by 1.58 percent every year. It implies therefore that in 2013, the interest rate will be: Interest Rate = ((100 – 1.58) / 100) * 0.04 Interest Rate = 0.039368 The calculation can only be justified theoretically, using the hypothesis that the interes

Wednesday, July 24, 2019

The Risks That UK Coal, an FTSE Listed Company, Can Potentially Face Case Study

The Risks That UK Coal, an FTSE Listed Company, Can Potentially Face In Undertaking Cross-Border Merger and Acquisition (M&A) Activity - Case Study Example The researcher states that cross-border mergers and acquisitions are complex undertakings packaged with risks and rewards. When two organizations with different internal controls, management styles, corporate cultures and processes attempt to integrate, the business risk increases substantially. Before embarking on M&A journey, it is imperative that all risk factors are considered prior to injecting capital in the host country. UK Coal needs to conduct due diligence so as to ensure that M&A activity fits its long-term strategic objectives. Due diligence identifies, confirms or disputes the business reasons for proposed merger or acquisition transactions. Due diligence demands a thorough data analysis of assets and liabilities, particularly large balance sheet items such as accounts receivable, inventory, and accounts payable to establish fair market value. It is imperative that a fair value for the business is accurately established so that a reasonable price is paid for the target a ssets. A careful analysis of the target company's financial statements avoids incidents of overpaying and mismanaging shareholders' expectations. Differences in corporate culture, business practices, and institutional layouts can hinder firms from fully realizing their potential. According to a KPMG study, 83 percent of all M&As failed to economically benefit the shareholders and over 50 percent actually destroyed value. A research was conducted involving over 100 senior managers to determine the reason behind this failure which turned out to be the cultural differences. In pursuing a cross-border M&A, it is vital for an organization to assess the political situation prevailing in the target country. This assessment will not only uncover any potential political risks but also prepare the host company to face them and find appropriate solutions for them. Another potential barrier to a successful M&A activity is lack of knowledge about the target company. Knowledge about the company l eads to a successful post-merger integration. Â  Another factor that should be taken into account is the effects of trade impediments on cross-border M&A. Academic studies have found that on an aggregate basis, trade costs affect merger activity negatively, though the effect is less pronounced for horizontal mergers, i.e. mergers between firms within the same industry. UK Coal needs to ensure that its target company is one which will lead not only to economical but also intercultural synergies between the two companies. To identify an appropriate acquisition target, aforementioned due diligence should be adequately employed. Moreover, UK Coal needs cognizance in matters relating to exchange rates, local accounting standards, foreign government potential trade regulations, etc. UK Coal should have information regarding its local competitors in the host country and their respective market positions. This will lead to reasonable projections and estimates for the business. Expectations of UK Coal from this activity should be realistic and in parity with the overall strategy formulated at the design stage. Regulatory aspects also need attention to avoid any legal risks. Competent professionals (lawyers, accountants) must be hired to provide financial and legal opinions regarding the merger or acquisition transaction.

Tuesday, July 23, 2019

The United States African Development Foundation Research Paper - 1

The United States African Development Foundation - Research Paper Example Though US funds many of the international development programs via UN, but USAID (United States Agency for International Development) is one of the most prominent organizations working directly under the US government towards the goal of democracy promotions and economic development of various states. United States African Development Foundation was conceived by the US congress in 1980, as a complimentary organization to USAID and other functional programs directed at similar goals. However, this organization was developed with the focus over the impoverished states of Africa, to empower the marginalized population of the areas under focus. The groundwork for the USADF`s legislation is laid upon the model of the Inter-American Foundation, however the scope and background of both the organizations differ to a great extent. USADF is an independent, though federally run organization committed at the goal of formulating strategies specific to the African communities to assist the marginalized societies by granting economic as well as technical assistance at the grassroots level. Going into the history of the organization, the initiation period was quite shaky as it took almost four years to bring the organization into its functional shape. Right in the beginning the appointment of the board of governors for this organization were delayed and it wasn’t until 1983 that these appointments took place. Later in 1983, most of the high level staff resigned due to some issues which again made the functional capacity of the organization restricted to some extent. The organization again gained momentum when the General Accounting Officer (GAO) was asked to take over the look after the management needs of the organization. In 1984 however, the relevant officers presided over the desired positions and reforms in procedures took place to bring the organization into its current shape (Grassroots Development: The African Development Foundation).