Chapter 2 assignment management & organization 335 Essay

Chapter 2 assignment management & organization 335 - Essay Example f bureaucracy while Fayol addressed administration, the five bureaucracy principles by Weber are similar to the fourteen management principles by Henry Fayol (Jones & George, 2009). As such, it is clear that Max Weber and Henry Fayol were very significant in creating systems that the modern companies across the globe adopted. Nevertheless, they have different ideas about bureaucracy and administration. Indeed, while Max Weber believed in the theory of bureaucracy, which had five different principles on how to achieve authority, Henry Fayol Henri Fayol believed in the fourteen principles of management (Jones & George, 2009). In fact, although Fayol appreciated the five bureaucracy principles by Weber, he additionally recognized the fundamental role performed by informal authority (Jones & George, 2009). Moreover, Weber set the standard operating procedures that enhanced the performance of the bureaucratic system while Henry Fayol developed the classical theory, which aimed at enhancing productivity by improving efficiency (Jones & George, 2009). Indeed, while Max Weber considers bureaucracy as a more rational and efficient form of organization, Fayol considers administration as the most effective form of organization. As such, although both have a common goal, they adopt different

Merger, Acquisition, and International Strategies Essay - 3

Merger, Acquisition, and International Strategies - Essay Example They may vary from managerial, financial, marketing and the ownership ratios which define each entity’s roles and expected targets (Kesner, 2008 pp327-342). Acquisition on the other hand can be viewed as process in which a large company; a firm enjoying a large capital base, investment base, corporate and governance monopoly and/or with economies of scale, buys out new upcoming or underperforming firms with an aim of improving productivity, strengthening its market share and/or to redeem these underperforming firms out of bad debts and unemployment of resources. Acquisition should mutually benefit the acquirer and the target firm in that the acquirer is looking forward to strengthen either its market share, reduce its cost of production and efficient transfer of factors of production within the firm. On the other hand the target firm; the new, small or the underperforming firm which is bought out by the larger and performing firm, is entitled to full share of the buyout and ea ch shareholder given his share income as per the firms memorandum of understanding. International strategies can be looked at as management planning processes to expand local business entity into the foreign market. Depending with the firm’s activities, that is, if it’s a service providing firm and/or it’s a goods producing firm, strategies will differ and the company’s goals on the international market will also influence the strategies to be applied. Expansion of companies to new external markets will involve strategic management, forecasting and analysis of the new markets in that, the company must meet the consumer needs, change value, fight competition to get the market share without compromising the brand’s image. This is according to Kinnunen Jani’s fourth journal: real Options and Strategies (2011, pp117-141).With this in mind, acquisitions and/or mergers may be an appropriate model for easier penetration in to the new international market. To understand the concepts of Merger, Acquisition and International strategies, we shall look at the different merging and acquiring firms in terms of their performances when they were sole entities and after merging. In addition we shall evaluate the international strategies used by these firms; those that have expanded their operations outside the United States and evaluate those that have their operations within the United States, how they fair in the internal trade and possibly advise them on either to merge or to remain in sole proprietorship. We shall look at two telecommunication companies in the United States: AT&T and Comtech telecommunications. Question1. For the corporation that has acquired another company, merged with another company, or been acquired by another company, evaluate the strategy that led to the merger or acquisition to determine whether or not this merger or acquisition was a wise choice? AT&T is the largest provider of communication services and b roadband subscriptions television service. Providing both the mobile and fixed telephony services, it enjoys a commanding market share of 107.9 million mobile customers; the company has seen a lot of transformations in terms of operations ownership and expansion since its inception in 1885. AT&T acquired Bell Company in December 31 1899 for a legal lawsuit. Being a market leader after the invention of the