Havells Case

1. Does the proposed acquisition make sense for Havells? Why or why not? Ans: The proposed acquisition makes sense for the following reasons: ? The acquisition of Sylvania will give Havells access to the wide marketing networks of SLI. It will serve as a good channel for marketing Havell’s products in Europe ? Access to the R&D and engineering capabilities of SLI ? Ownership of various brands of Sylvania: Sylvania, Zenith, Linolite, Claude, Concord and Marlin ? Exposure to lighting and lighting fixtures segment, as Sylvania was primarily engaged in this segment whereas Havells had a small presence in the lighting market. . What are the major risks associated with this acquisition? Can these be managed? Ans: Major Risks associated with the acquisition are- Strategic risk is the current and prospective impact on earnings or capital arising from adverse business decisions, improper implementation of decisions, or lack of responsiveness to industry changes. There is a risk that the acquisition fails to bring out the desired synergy. Operational risk is, as the name suggests, a risk arising from execution of a company's business functions. It is a very broad concept which focuses on the risks arising from the people, systems and processes through which a company operates. There is a huge difference in the culture of the two companies which presents a challenge of the integration of the European executives in the Indian team. y Financial risk is an umbrella term for any risk associated with any form of financing. Risk may be taken as downside risk, the difference between the actual return and the expected return (when the actual return is less), or the uncertainty of that return. The acquisition deal of Sylvania was expected to cost more than $200 million, which is a huge amount for Havells. Also there is uncertainty about the returns from the acquisition

Apple and Child Labor Essay

Children and teenagers everyday are put into child labor, to make money for their families or pay back what their families borrowed. In this paper I will examine child labor around the world and why children need to be able to live without being put under such stress and poor living circumstances. I will also be talking about how child labor is involved in some electronic companies like Samsung and Foxconn. Lastly, I will be talking about what most people don’t know; within the last couple years the world’s most known electronic company; Apple, Inc. has been one of the guiltiest culprits of child labor and of poisoning their employee’s. Child labor is known all over the world, and we need to put a stop to it now! Although child labor is illegal in many countries, many children under the age of twelve still are employed in these harsh work forces. Many under age employees are employed by using a fake identification (Thompson). By using a fake identification, children or teenagers can be mistaken for an adult. If the employer says or provides an identification that shows he is age eligible and they accept him for the job, no one would know any different. It is not in the hands of the hiring company to know that the employer is using a fake identification. Children and teenagers are not getting fake identifications and working in these factories for no reason. They are to pay back the money that their family has borrowed from others, or the lack of ability to get an education. Child labor could be caused by problems in the family, with health, or lack of food, money, or water. Multiple governments around the world look the other way. Child labor is illegal but some governments do not punish the companies or groups that use child labor. Child labor is very cruel to the children. Governments and rulers around the world insist that if adults of a family borrow money, the family has to pay it back no matter what, even if it means selling their crops for money or putting their children into the work force. Due to the fact that children and teenagers are working at such a young age, the children are committing suicide and other self-harms. This should not be happening; young adults committing suicide because they are so stressed or they do not want to work at these companies but also because they are being accused of stealing products. For example, one of Apple’s suppliers, Foxconn, accused one of their employees of stealing an iPhone prototype. The employee would not dare to steal an iPhone and would not have done such a thing to get himself in trouble. The possibilities of his pay being withheld and being physically punished was very high for the employee. As a result he killed himself; he did not want to be under the large amount of stress added to the amount that he already had (Usher). This occurs in a lot of work forces, where the employees get so stressed and out of control that they cannot bare to live anymore; it happens especially in electronic factories in Asia. Many people think of child labor being associated with clothing, furniture, or toys, but in reality it’s not. Child labor is known in every industry. One industry that we all use is the electronic industry. Child labor is used in the electronic industry in a big way, not as much as clothing or furniture, but close to it. The Apple IPAD tablet you are holding in your hand, the Apple T.V media portal you are watching shows off of each night, the Apple Iphone you just used to call or text your friend, are all made with the help of child labour. Apple’s major provider Foxconn, has been proven to have employees under the age of Twelve (Usher). Foxconn’s manufacturing plants in Asia have admitted to having child employees that have been poisoned, and some have committed suicide (Usher). This is a situation Apple has a difficult time controlling. The use of child labor in the electronic industry should not be happening at all. It should not be happening in any industry period. Child Labour has been used to try and sabotage the success of certain companies. Samsung was accused of having workers under the age of twelve working in their factories [Thompson]. Samsung has denied the fact that they have underage workers. The rumor was created by RIM (Blackberry) to sabotage Samsung and gain an advantage in the marketplace. Samsung does not have employees under the age of twelve working for them. The name Steve Jobs brings so many amazing thoughts into your head, how he was the co-founder of the largest high tech companies in the wold, the go to guy and CEO of Apple, a multi-billionaire, and philanthropist (In Your Face Radio). Steve Jobs was an amazing man, but in realty he was just like a lot of other top executives, which get carried away with their money and make some bad decisions (In Your Face Radio). Many people think that Jobs was the one who started exploiting children in the business. It was said that Steve Jobs that created the child labor issues in the business because he lost focus and innovation in what he was doing, lost control of his factories and caused such a dilemma in the industry that almost broke the company’s reputation. (Does Steve†¦). Apple’s factory, Foxconn, has been caught with having 164 children in total working in many different factories around the world. (Clarke and Williams). Foxconn has been caught poisoning their employees with n-hexane, and have also been caught for abusing their workers. Tim Costello led a study in Taiwan, and went into to Foxconn and created a report based on the workers lives in Foxconn. The study showed that the company was abusing their employees by â€Å"corporal violence† (Myslewski). Now this is in Foxconn’s factories where they make the parts for the Apple devices. Foxconn has fully admitted to all of the above. The major part of Apple’s manufacturing that is using child labor is Foxconn. As I said earlier Foxconn is the company with over 164 children working in its factory, they have been caught abusing and poisoning their employees. Foxconn is relied upon a lot by Apple. By being caught employing children to manufacture components, has caused an upset within Apple, and the ability to reply on Foxconn has come into question. Apple is an amazing company; however we need to know more about what goes on behind the closed doors within their manufacturing plants and their manufacturing partners facilities. In my opinion Apple is guilty in this situation of child labor. Personally I will continue to use Apple’s products because I believe Foxconn needs to organize their company and other factories that Apple is associated with or Apple needs to find another supplier. In order to fix the crisis of child labor I think that there should be a worldwide legal age to work and which each government must implement. This will decrease the young aged employees that work in countries like India, China, Japan, Pakistan, and many more. Due to there being no worldwide legal working age, problems like child labor occur. Child labor needs to stop, and companies like Apple can lead the way to change just like they have led the way in technology.

Psycho-social Oppression in George Orwell's 1984 Essay

Psycho-social Oppression in George Orwell's 1984 - Essay Example 1984 has perhaps more resonances with an epic vampire tale than with one of merely political and social oppression; it evokes a scenario where the last man standing - Winston, the humble protagonist of this novel - gets converted in the end, and darkness triumphs. With his 'fall' goes out the last little light and hope for a great part of mankind. Now there is simply no escaping the ominous fact that the omniscient "BIG BROTHER IS WATCHING YOU." (Orwell 2). At the beginning of the tale, the protagonist, Winston Smith, is a man with some human spirit left in him. However, by the ending, his will and individual identity get totally crushed through unrelenting torture and brainwashing, and Winston becomes a regular zombie among other fellow zombies. Love is one of the most powerful emotions we human beings can experience. Love is delight, love is a basic expression of freedom, but it is a very fragile thing also. By annihilating all tendencies of love for Julia inside Winston, through subjecting him to intense pain and torture, O'Brien and the Thought Police get rid of all vestiges of humanity in him. Because humanity means rebellion, humanity means free will. To use the language of T.S. Eliot, Winston too is eventually rendered a hollow man, and stuffed man.

Spencer repeating Rifle Term Paper Example | Topics and Well Written Essays - 1250 words

Spencer repeating Rifle - Term Paper Example Although it had been used earlier, the rifle had only been issued for use in 1863 (Smithsonian Institution). The Spencer rifle can be considered as the main repeating carbine in the Civil War (Hackman â€Å"Common†¦Ã¢â‚¬  par.1). During the said period when rifles and carbines were common, the Spencer repeating rifle can be differentiated through certain features (Smithsonian Institution). One of the most distinct characteristic of the Spencer repeating rifle is the magazine that contains seven metallic rimfire cartridges. These are transferred by a spring in the magazine, which can be found at one end of the rifle, through a compressed spring (Smithsonian Institution). The cartridge is another fundamental identity of the rifle since it had been considered as the â€Å"first self-contained metallic cartridge† with the capability to be used in the military (Hackman â€Å"Common†¦Ã¢â‚¬  par. 4). During the development and introduction of the Spencer repeating rifle, there is a rapid modernization in terms of arms and facilities of war. The Civil War was even referred to as the initial step in the art of modern war. Along with the used of advanced communication techniques such as the telegraph and the rapid development of transportation, carbine and the repeating rifle can be considered as the most important technology in warfare of the era. The development of carbines and repeating rifles answered the need for the strengthening in warfare during the Civil War (Barloon 1131-32; Niepert par.1). The development and continuous enhancement of the carbine and repeating rifle innovation occurred through the Civil War. One of the most notable events in war is the â€Å"rapid firing breech loading carbines† in action. Through the said period of war, the carbines are continuously improved which involved development on different parts such as the cartridge (Niepert par.2). This can be considered as the main identity of the Spencer repeating rifle. The

Public's Trust on Government Essay Example | Topics and Well Written Essays - 750 words

Public's Trust on Government - Essay Example The trust, as well as support of the citizens is very crucial in creating a strong and successful government. The following paragraphs will talk about a few reasons that would offer the individuals the basis in making sensible decisions in terms of giving their trust or not. Reasons for trusting the Government The first reason that proves a government is dependable is when it carries out its tasks appropriately. One of the key responsibilities is to concentrate on the requirements of its citizens. The most apparent among these are essential human requirements that are important for the people to lead a respectable life. Besides, the government must also recognize how to defend its citizens as well as its terrain from interior and exterior dangers like local rebellions and violence. The second reason is the notion of answerability. Public representatives should be liable to the activities of this political mechanism. With regard to this, they should as well be held accountable to the body that confers their power, which is the public. This is most pertinent in democratic governments in which the citizens cast their vote for their government officials. A government who is responsible makes it an aim to meet the satisfactory paradigm for excellent governance (Kennedy, 2009). Third, the government must permit the involvement of other stakeholders in their executive procedure. A dependable government should not just make preferences by themselves; they should obtain the input of other individuals who are as well concern with the result of what these choices might carry. These stakeholders should incorporate different regions from the society like non-governmental associations and even simple citizens of a nation. Fourth, a government have to practice transparency in its set of laws, policy, and decisions. The government must provide the public the essential information regarding key issues as well as strategies in the government. This would help the citizens to make intelligent decisions concerning their dealings particularly the ones associated with the constancy of their state. Fifth, a government that is worthy of the people's trust has the interests of its citizens in mind and this is significantly observed in the requisition of their budget. The government should truthfully use the taxpayer’s money by reliable ventures and programs that are free of dishonesty and irregularity (Nyre et al, 1997). Reasons for not trusting the Government In contrast, there are also reasons to distrust the government. First, the government is making bad strategies that are merely for the advantage of a small number of citizens particularly if it is the vested interest of those who are in authority. The government has no sense of accountability mainly in time of catastrophe. This is apparent, as they tend to hold one another responsible particularly if something incorrect took place. Second, huge corruption is taking place within the government. Citizen s' insights of corruption are rooted in general approach towards government, and that, as a result, these subjective signs may be only assessing the government's image, and not its real performance. Many of the commonly applied corruption signs are of a subjective nature. They mostly do not depend on a practical foundation, and leave significant independence to respondents whether to think about certain features. This generates issues of comparability, and calls respondents to widen their standpoint to whatever issue they wish when providing a view on corruption. Third reason for not trusting the government arises from citizens’ lived experiences with government. It recommends that the government is obsolete as well as old-fashioned and needs to be enhanced to restore trust. This distrust is a major obstruction to

What is CPD and how is this relevant to the PG student Essay

What is CPD and how is this relevant to the PG student - Essay Example The paper tells that from a business discipline perspective, Boud & Hager define CPD as ‘a variety of learning undertakings through which business professionals uphold and progress throughout their profession to guarantee that they maintain their ability to trade effectively, safely, and legally within their developing scope of practice’. In short, CPD is the process through which professionals continue to learn and develop continuously in their careers to keep their knowledge and skills up to date and are able to trade effectively, safely, and legally. Organizational modality mostly involves the entire organization. Through team CPD, HR managers can ensure that workers complete their CPD hours. There are numerous advantages to implementing CPD as a team. However, there are disadvantages to CPD as well. In organizational CPD practices, there is a massive emphasis on flexibility of provisions and a strong need for transparency and justification in making a judgment on pro vision and performance. From the perspective of an individual professional, the question that needs to be addressed is: what subjects CPD should address. The literature suggests: 1) circumstance and context, 2) knowledge, 3) practices and skills, 4) human factors, 5) Professional values and identities, 6) decision-making, 7) approaches to identifying learning needs, 8) performance and realization. CPD is a process meant to help professionals manage their individual development on an ongoing basis. It is mainly purposed to help professionals, reflect and review what they learn. It is not a tick-box manuscript documenting individual preliminary training. It goes beyond that. Training and development are often used interchangeably, although there is a distinction.

Synothic Problem Research Paper Example | Topics and Well Written Essays - 1750 words

Synothic Problem - Research Paper Example In the New Testament, one can find 4 Gospels, Acts, 21 Epistles, and the book of Revelation.2 This paper will focus on the four gospels. These gospels are the written by Jesus’ apostles: Matthew, Mark, Luke and John. However, among the four, the gospel according to John has a different chronology, pattern and wording. This is unlike the other 3 remaining gospels. The gospels according to Matthew, Mark and Luke are also known as the Synoptic Gospels. What is the meaning of the Synoptic? The dictionary meaning of the word is â€Å"presenting or taking the same or common view, specifically often relating to the first three Gospels of the New Testament.†3 It is quite redundant that the term synoptic gospels are being used with reference to the gospels of Matthew, Mark and Luke when just by the term synoptic one can already refer to the gospels. The 3 gospels have a sense of parallelism with regard to structure, language, chronology, and even some points of arguments.4 â€Å"The problem of the relationship between the three ‘Synoptic Gospels’ (Mt., Mk., Lk.) posed by the amount of subject matter which they share and the many similarities in wording and order. In modern times most scholars have held (1). that Mk. was the earliest of the Synoptic Gospels and that it was used as a source by Mt. and Lk., and (2). that for the non-Marcan material common to Mt. and Lk., their authors drew independently on a lost common source (or sources) known as ‘Q’ (q.v.). This ‘two-document hypothesis’ (that Mt. and Lk. are based on Mk. and ‘Q’) was developed mainly in Germany in the 19th cent., was given classic expression by B. H. Streeter, and came to be almost universally accepted. In the second half of the 20th century, a few scholars challenged the priority of Mk. and several denied the existence of ‘Q’.†5 When analyzing this statement by Livingstone, the term â€Å"problem† being used is actually not much of a problem. It is more of a clarification of the