Thursday, January 30, 2020
Virtual Organization Strategy Paper Essay Example for Free
Virtual Organization Strategy Paper Essay Huffman Trucking is a company founded by K. Huffman back in 1936. World War II helped Huffman Trucking to move forward increasing their demand between the Midwest ports all the way to the East Coast ports offering their carrier services. Huffman Trucking started with only a single tractor-trailer and nine years later the company increased their size to 36 trailers. The U. S. Government, manufacturers of plastics products, and electronic consumer products are some of the primary customers who Huffman Trucking works with. With facilities in Cleveland, Bayonne, St.à Louis, and Los Angeles Huffman Trucking employs over a thousand personnel divided between drivers and support personnel. Team B analyzes the best option for Huffman Trucking between going public through an IPO, acquiring another company within the same industry, or merging with another organization. Comparing the strengths, weakness, opportunities, and threats of all three options will help Team B to make a smart decision. Strengths of Each Approach Huffmanââ¬â¢s Trucking has many advantages for a going public. The most distinct advantage is the financial benefit in the form of raising capital. Huffmanââ¬â¢s capitals are to fund research and development, fund capital expenditure or even used to pay off existing debt. An increased public awareness of Huffmanââ¬â¢s company is another advantage because IPOs mostly gain publicity by making potential customers aware of their products. This may cause an increase in market share for the company. Many companies have to cash in on the success of companies that they helped start-up using IPOs (Investopia, 2010). Advantages of Huffman merging and acquisitioning are to determine the short -term and long-term company strategic outlook of the new and determined company. This is many factors such as market conditions, differences in business culture, acquisition costs and changes to financial strength surrounding the corporate takeover (Berry, 2002-2010) A merger is justifiably simple and is not as expensive as the forms of acquisition are a primary advantage of the transaction. This is done because the firms agree to join their entire operations and to transfer the title to individual assets of the acquired firm to the acquiring firm (Williams, 2008). When companies merge, it reduces the number of competitors in the market and captures additional economic scales of the market. Merging will keep the companyââ¬â¢s growth with the competitive advantages of both firms. Merger also enables the company to rebuild and strengthen the organization as firms involved in the transaction share strategies to make the organization stronger and more reliable, thus eliminate weaknesses in the firm. Weaknesses of each approach Hoffman Trucking also has to be aware of the disadvantages of developing an initial public offering. The initial public offering can be a risky investment for Hoffman Trucking as well as for anyone that is looking to invest in him or her. For the individual investor, it is tough to predict what the stock will do on its initial day of trading and in the near future because there is often little historical data with which to analyze the company (Investopia, 2010). The future values of the company going public are also of uncertainty. With no guarantee for the business or investor, the values of the stocks will eventually end. It is a risk that the business and investors will take with an IPO. The option for an acquisition also has some weaknesses that go with it. If Huffman Trucking decides to acquire another company to expand, they need to realize this can be quite pricey as well. As Huffman Trucking discovers another company as they want to acquire that as, they will probably pay a premium price per share for the new company. This is done to make sure all shareholders of the acquired company are happy. This is the one of the few ways to able to let their shares go. It is very difficult to put appraise a company that has not gone public. This is when Huffman Trucking will have to show how bad they want a company by how much they offer to the company. A merger may sound appealing as well but also has weaknesses. A merger is not as easy as it may seem. The merger must benefit both companies looking to come together. If one may benefit more than the other, the other may look for other ways to demand more for their business. With this it is tough to decide who and how many shares each merging benefactor should receive when finished. This is about coming to an agreement which is not always as easy as it may seem. Each business has an idea of what their business is with the other merging business may not see it the same way. Opportunities of each approach What Huffman Trucking has an opportunity to do is to invest in projects so they can sell their securities in exchange for cash. Because the company is growing this will financially give them funding to use so their projects will produce assets that will be immediate. What this will do for them is to grow IPO rapidly and bring more revenue with acquiring the funds to produce with new projects. Because Huffman Trucking is a business in the transportation industry this could acquire another company is the same type of business. Many transportation companies in the country they could merge with so their industry would be on big corporation. They could not do without the transportation industry otherwise the public would be without these products. If Huffman Trucking merges with another transportation company they would combine all of their trucks with many others with the east coast and the Midwest. This could make their company and other transportation companies much more successful to expand all over the country. Their mission is to be more profitable so they could adapt very well with any other company in the transportation industry today. Threats of each approach The threats that Huffman Trucking must prepare for whether they choose to go public through an IPO, acquire another company in the same industry, or merge with another organization. The threats that Huffman would face with going public through an IPO would be individual investor would not be able to predict what the stock or shares will do on its initial day of trading and in the near future because of the lack of historical data. Most IPOs are of companies going through a transitory growth period, and they are therefore subject to additional uncertainty regarding their future value. Another threat to an IPO would be when a private limited company such as Huffman Trucking becomes a public company; it is subject to more regulation and rules of the State. If Huffman Trucking chose to acquire another company in the same industry the potential for financial loss would be initially because of factors such as expenses for consolidating brands, quipment, and merging the organizational structures. Management styles, employee expectations, processes, and cultures must be also because the employees of acquisitions will ultimately drive performance, consume payroll dollars, and be the most from an acquisition. This is a huge threat to acquisitions because of the affect of not addressing these issues will slow and perhaps stop the integration process and be costly in both sales and profits (Boyer, 2010). Mergers also have threats that must be taking into consideration. According to Wests Encyclopedia of American Law, whether a forward or backward integration, the newly acquired firm may decide to deal only with the acquiring firm, thereby altering competition among the acquiring firms suppliers, customers, or competitors. Suppliers may lose a market for their goods, retail outlets may be depriving of supplies, or competitors may find that both supplies and outlet are not receiving what they need. This raises the concern that vertical integration will foreclose competitors by limiting their access to sources of supply or to customers. Vertical mergers may also be anticompetitive because their entrenched market power may impede new businesses from entering the market. Conclusion Huffman Trucking started business 74 years ago and works with big companies and with the US Government. Team B analyzed the best option for Huffman Trucking between going public through an IPO, acquiring another company within the same industry, or merging with another organization. Team B concludes that even though the IPOs are excellent to gain publicity by making potential customers aware of their products, the company is already known by big companies. Huffman Trucking is currently in a stage where their priority should be to expand their business. The decision to enhance the company is to either acquire within the same industry or merge with another organization. Team B recommends Huffman Trucking to acquire another company, expand their business, reduce the number of competitors in the market, and capture additional economic scales of the market. Team B considered the threads of all three options and acquiring another company is the best option for Huffman Trucking to move forward and gain market. References http://www.investopedia.com/ask/answers/06/ipoadvantagedisadvantage.asp
Wednesday, January 22, 2020
Christopher Marloweââ¬â¢s Dr. Faustus and Modern Psychology Essays -- Doct
Christopher Marloweââ¬â¢s Dr. Faustus and Modern Psychology Due to the fact that I recently finished reading Spirit and Will by Gerald May, I find my perception of Christopher Marloweââ¬â¢s Dr. Faustus filtered through that book. May, a psychiatrist from the Shalem Institute for Spiritual Formation in Washington, D.C., makes a rather courageous attack on a sacred cow, modern psychology. He asserts that "Psychology is fundamentally objective, secular, and willful whereas the core identity of religion is mysterious, spiritual, and willing" (10). He criticizes religion for having sold out to psychology in its attempt to remain "relevant." Like Dr. Faustus, we have pursued knowledge with a passion in order to master ourselves and our environment. Psychology represents just one of those areas of knowledge. Through a combination of drugs, behavioral conditioning and psychotherapy we have become relatively successful in altering behavior or even basic emotions and states of consciousness--so much so that religion seems only too happy to borrow ps ychological techniques to fill the pews of churches or to satisfy the hearts of its worshipers. May targets three primary attitudes in psychology: the coping, happiness and growth mentalities (11-21). It is true that psychology can help us to cope with stress, to achieve a measure of happiness and to transform our difficulties into opportunities for personal growth and increased creativity. But valuable as this may appear, it cannot provide us with an ultimate reason for living. In the past we believed that religion could solve all our problems (physical, mental or spiritual) if we turned up the piety level another notch; now we have swung too far in the other direction. As human beings we h... ...f Vanholt who longs for a dish of ripe grapes in the dead time of winter (854). California spares us from selling our souls to the devil for such a cheap trick. Too late Faustus realizes that the devil drives a hard bargain. The supernatural thrills lose their attraction, eventually bringing despair and then more hopeless revelry. No matter how spectacular the advances of humankind (and we have perhaps only glimpsed the beginning of technological miracles), a world unwilling to submit to God only succeeds in finding new ways to lose itself in boredom or destruction. Works Cited Abrams, M. H., ed. The Norton Anthology of English Literature. Vol I. Fifth ed. New York: W. W. Norton, 1986. Chesterton, G.K. Tremendous Trifles. New York: Dodd, Mead and Company, 1909. May, Gerald. Spirit and Will: A Contemplative Psychology. New York: Harper & Row, 1982.
Tuesday, January 14, 2020
Good, But Not Good Enough Essay
There are times when we feel we must be perfect in order to please others. No matter if we did the best we could do, if it wasnââ¬â¢t perfect we felt like a failure. We want the approval that comes with perfect ness. Every day we see a new commercial or magazine showing an image of a hunky, greased up muscle man or an anorexic model with tons of make up air brushed on her body and society compares you with that image. We as a people tend to use those false images of beauty as a scale to rate the rest of the population by and if you do not fit in that category you are not beautiful. So we strive to be accepted to be approved by the rest of society. In Janice Mirikitaniââ¬â¢s poem ââ¬Å"Suicide Noteâ⬠a young Asian American college student apologizes to her parents for not being perfect. Perfect in school and perfect in life. Even though the girl worked very hard and did very well it wasnââ¬â¢t good enough in her mind and maybe in her parentsââ¬â¢ mind to be worthy of her parentsââ¬â¢ love or life itself, and so her only option was death to atone for her sin of imperfectness. The poem begins: How many notes writtenâ⬠¦/ ink smeared like bird prints in snow./ not good enough not pretty enough not smart enough / dear mother and father ./ I apologize/ for disappointing you / Iââ¬â¢ve worked hard, / not good enough / harder, perhaps to please you.(373.1-9) Clearly the girl in this poem the girl is apologizing for much more thanà grades. She has set unrealistic standards for herself and has a lack of self worth all because she cannot achieve these standards. She cannot change the way she looks, yet she is apologizing for not being ââ¬Å"pretty enoughâ⬠. She also goes on to talk about how life may have been better for her if she were a son instead of a daughter. She would be worthy of love because she associates strength, confidence, beauty and smarts with being male. ââ¬Å"I would swagger through life / muscled and bold and assured,â⬠(373.17-18). Who do we blame for this young girlââ¬â¢s negative self-image? Is it societyââ¬â¢s fault that she values being a male more than her own life or is it her parentââ¬â¢s fault for not making her feel the love that she so desperately needs right now? Obviously she was never appreciated for her work because sheââ¬â¢s constantly apologizing for not being ââ¬Å"good enoughâ⬠throughout the whole note and talks about how failure, disappointment and disapproval drive her closer to committing suicide. Maybe if her parentââ¬â¢s voiced how they felt about her this tragedy could have been prevented. Further into the poem she talks about how she will atone for her sin of imperfectness. ââ¬Å"My sacrifice I will drop / bone by bone, perched / on the ledge of my womanhood,/ fragile as wingsâ⬠(373-374.31-34). She is toying with the idea of jumping from a ledge knowing that death will be the out come of her actions. Who will be there to stop her since she doesnââ¬â¢t matter? â⬠Not strong enoughâ⬠(374.35) she utters next. She doesnââ¬â¢t yet have the courage to fly like a baby bird from a nest off of her window ledge. She pictures herself as a sparrow ââ¬Å"sillied and dizzied by the windâ⬠(374.39). The reason she pictures herself as a sparrow because a sparrow is a little bird that is not considered to be a really important creature. Compared to a hawk or an eagle, a sparrow is a peasant bird, or an everyday bird. People have noticed sparrows before, but never pointed them out like they would if they were a hawk or an eagle. They would praise a hawk or an eagle, not a sparrow. Each line in the poem is building the young girl up to that state of mind where only death is the escape. Sheââ¬â¢s thinking of all the things that have led her up to this point. ââ¬Å"not good enough not strong enough / not smart enoughâ⬠(374.48-49) Maybe this way someone will finally notice her. She hopes that â⬠they will bury / my bird bones beneath / a sturdy pineâ⬠(374.57-59). The pine refers back to the beginning where she pictures herself as a male child. The pine represents what would have happened if she turned out to be a boy. This could also mean, that in the afterlife she wants to be as strong as a pine, hoping that she would be brought back in the afterlife as a boy. The suicide was a way for the college student to be noticed. It was very unfortunate that she had to take her own life just to get attention, and to get appreciation for all the things that she had done and still it wouldnââ¬â¢t be good enough for her parents.
Monday, January 6, 2020
Kathleenââ¬â¢s French classes - Free Essay Example
Sample details Pages: 2 Words: 573 Downloads: 5 Date added: 2019/10/10 Did you like this example? Kathleen Collins who was a French teacher in Newton, MA. Always could enter in the class as she is talking to someone outside. Having a loud voice, everyone in the class could hear Kathleen from a distance. Donââ¬â¢t waste time! Our writers will create an original "Kathleenââ¬â¢s French classes" essay for you Create order The students in the class already mindset that Madam Kathleen is getting to the class. Everyone to the bag to remove the textbook and the notebook ready to usher in Kathleen for the days lesson. ââ¬Å"How are you students?â⬠that was always her first statement to enter in the class. Every student could reply, and then they remain calm for the next words from Kathleen. Everyone eyes, hear and the body focused on the Kathleen. With no waste of the time, she asks where they stopped at last lesson. As usual every student hand up ready to give their answer to madam. Half of the class is given a chance to explain what they learned last lesson and how it will connect to the todays lesson. The teacher here is in a position to understand if the student got what she taught. And in most cases, because this class of French every student had a person on it they could not let Kathleen down as they explain. In this lesson, she introduces naming of the objects in French and how the names are pronounced. She gets out a chart with various drawing labeled with their name. In this lesson, the eyes could be seen moving from the chart to teachers and back again. When madam point out an object the eyes could be moved to chart and when pronouncing the name everyone hears are very set to get every bit of pronouncing and eyes could monitor the movement of the mouth as syllables get out. It makes it easy to use the chart for the student will be able to remember the name once they come across any of the objects in daily activities of the student. The class ends with excitement as the madam promises the student of the French class for a trip to view more things and identify their names. They planned to go to an animal park. The day for the next lesson comes in, and the class was attended thoroughly. I think this was because of the promise Kathleen made to her student. She too ready for the learning trip. Everyone is set with a notebook, a pen, a ruler and a pencil. ââ¬Å"Great,â⬠she says as she found out every student was in class in time and set as usual. The students with their teacher board the school bus, and they are taken to the park for the study. Because it could be hard to draw what they all found they were guided to have a table of columns and rows where they could write the name of the object they met in the park in English then aside from the French name. This made it simple for them to understand well as some were not in a position to name some of the objects in English. Being very busy during the day, they found themselves taking meals in the evening as they left the park. Kathleen advised them when they get home, let each one practice all that we learned today as we meet for the ne xt lesson to summarize what we have spent doing today.à The study trip was very nice and everyone including teacher, Kathleen was delighted.
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