International Lodging Merger Role of Lambert Hotel Lambert Hotel is in second rounds of negotiations with AAA HotelCo of a possible merger between the two companies. Lambert is a strong brand with a luxurious and upscale tres comfortable Michelin rating‚ and AAA is rated at mid-scale category of equivalent ranking. Culturally‚ there is a difference in the approach to business mergers. Time wise‚ Lambert is eager to close the merger with AAA or consider the alternative value that is a safe bet
Premium Management Goal
Cultural due diligence 1. Introduction Why Cultural Due Diligence (CCD) The implementation of effective cultural due diligence is well recognized in both the academic and business world. Through mergers and acquisitions‚ as well as any other business alliances‚ cultural due diligence has helped companies enter global markets‚ acquire capital‚ technology‚ branding‚ and country specific practices to help do business. It also reduces the risk and maximizes the profits in many ways (Cartwright &
Premium Due diligence Management Culture
Case study C: GSK‚ a merger too far? 1- Derive three opportunities and three threats for GSK by first making the PESTEL analysis of the macro-environment surrounding the pharmaceutical industry. (9 points) * PESTEL analysis of the pharmaceutical industry: Political: Since the creation of healthcare insurance‚ companies have to conform themselves to two kinds of systems: 1) The universal system applied for example in France‚ with less demand in new technologies. 2) The very selective anglo-saxon
Premium Pharmacology Generic drug Pharmaceutical industry
INTERNATIONAL MERGERS AND ACQUISITIONS Abstract Over the past two decades‚ cross-border M&As have totaled over eight trillion dollars and have fluctuated widely from year to year. In this paper‚ I establish four key facts about the dynamic patterns of cross-border mergers and the factors that drive them: (1) Cross-border mergers come in waves that are highly correlated with business cycles. (2) Most mergers occur when both the acquirer and the target economies are booming. (3) Merger booms have
Premium Productivity
Romania and Portugal‚ through local brands which it previously acquired.” (European Commission‚ 2010) Kraft Food welcomed the merger with Cadbury with the following statement: “The combination would build on Kraft Foods ’ position as a global powerhouse in snacks‚ confectionery and quick meals with a rich portfolio of iconic brands.” (Kraft Food Inc.‚ 2010) Of course‚ the merger is here presented as producing gains for the vastest majority of stakeholders but it was the concern of the European Commission
Premium Chocolate European Union Cadbury plc
Organizational Communication The Culture Integration In M&A 1. Introduction For a steadily operated company‚ the growth and expansion are indispensable to the business. And M&A is the main strategy for enterprise to achieve external growth. With economic globalization development， “M&A” has been growing quickly．It is becoming an important issue worldwide. Companies can realize rapid expansion by M&A. It has a lot of benefits like to
Premium Communication Mergers and acquisitions Communication theory
An HR Manager’s Guide to Mergers and Acquisitions by David Zatz‚ Ph.D.‚ Toolpack Consulting Senior Consultant Opportunities for HR Mergers and acquisitions are often planned and executed based on perceived cost savings or market synergies; rarely are the “people” and cultural issues considered. Yet‚ it is the people who decide whether an acquisition or merger works. The opportunity for HR lies in the fact that customer and employee reactions determine whether the newly combined company will sink
Premium Mergers and acquisitions
I will admit that I am rather new to the discussion on bigotry‚ privilege‚ and the various -isms. I was speaking with a female friend of mine a few months ago‚ and I remarked that women‚ on average‚ are less able to compartmentalize their emotions than men. She was (justifiably) irate‚ and I qualified myself. You see‚ I had never been explicitly exposed to the socially-propagated idea that women are emotionally unstable. When I found out‚ I felt rather embarrassed in not only being sexist‚ but
Premium Stereotype Prejudice Discrimination
What is Postcolonial Literature? In a broad sense‚ postcolonial literature is writing which has been “affected by the imperial process from the moment of colonization to the present day” (Ashcroft et al‚ 2). In India’s case‚ this includes novels‚ poetry‚ and drama which were written both during and after the British Raj or “Reign‚” which came to a formal conclusion with Indian Independence in August 1947. Although writing from India and other formerly colonized countries such as Nigeria‚ Jamaica
Premium Colonialism Indigenous peoples Postcolonialism
LTWR 410 ---August 29‚ 2012 Economically -People relied on trade/barter/the importance of Mecca in bringing people together and disseminating news -Nomadic culture -Slavery -Unbalanced distribution of wealth The Guided Caliphs -The early caliphs survive in Islamic history as guided advocating social justice‚ and treating everybody equally -Early expansion -This brought Arab Muslims in contact with different ethnic groups and peoples including the Berbers of North Africa -Islamic Spain/The
Premium Middle East Islam Arabic language