Sunday, November 24, 2019

Fathers of Confederation essays

Fathers of Confederation essays The concept of "Fathers of Confederation" generally gives us the idea of the people who were responsible for making Canada what it is today. Your right too, But there is more too it then that. The "Fathers of Confederation" were politicians that represented the British-North American colonies at one or more of the two conferances that led the way to the Charlottetown Conferance which decided on weither the maritimes was going to join the rest of the nation or was going to say a British Colony or mabey just go off on it's own. There were three factors that contributed to this discussion and they were. A) A political deadlock with the parliment of Canada. B) The threat of American expansion. C) Economic development and the railroad construction. There were 36 "politicians" that had that were attending these conferance's but three of them were one's that really had an impact on what Canada is today, hence "Fathers of Confederation". The first person is the guy that everyone has seen but dosn't know it, John A. Macdonald. He's the guy on the 5 dollar bill. Macdonald was a very powerful force that back up confederation. He originally was a lawyer in the 1930's and thats all he did was law. Macdonald was elected to the legislative assembly of Canada at the age of 28. He was on both sides of the Goverment and the Oppisition until the election of 1854. In this time he created the Liberal Conservitive party. In 1856 he became joint premire of Canada west. The political dead was at starting to begin with Macdonald so he started lay the tracks for confederation. Macdonald was a strong, centralized leader who made alot of good things happen. George Brown is the next person the influance Canada. Brown was a strong and influential publisher, bussinessman, and parlimentarian in Upper Canada. In 1844 Brown had founded what was to be the most powerful newpaper in British America. For a lonf time he support ...

Thursday, November 21, 2019

Business Organisation and policy report Essay Example | Topics and Well Written Essays - 2500 words

Business Organisation and policy report - Essay Example A study by Harvard Business Review finds that companies spend over $2 trillion in acquisitions while the failure rate of M&As is between 70 to 90 percent There have been no efforts to learn why combinations fail and mergers and acquisitions continue to be mismanaged. Despite the large number of failures, executives still consider acquisition a key strategy to achieving business objectives. This investigation presents a report on why boards of directors continue to take over other firms. This would be derived through investigation of a successful and an unsuccessful merger. Exxon Corporation and Mobil Corporation, the two largest marketers of gasoline, were direct, significant and powerful competitors in at least 40 metropolitan areas from Maine to Virginia. Both these organizations competed in several products and geographic markets in the United States. This was a horizontal merger – merger of two competitors, which would result in the biggest non-government oil company in the world. There are two primary reasons of mergers and acquisitions – to boost current performance and to reinvent the business model. M&As are also driven by the need for market expansion and for product diversification. Exxon Corp. Chairman Lee R. Raymond and Mobil Corp. Chairman Lucio A. Noto were realistic in their expectations from the merger. They recognized the need to cut costs due to changes in the oil industry. In fact these were the precise reasons for the merger – changes in the oil industry and the need to cut costs. Early intentions can influence subsequent integration. Leadership has to put forward a clear and convincing rationale to people on both sides that the merger is more than a cost-cutting deal , which was done in the case of Exxon and Mobil.... There are two primary reasons of mergers and acquisitions – to boost current performance and to reinvent the business model (Christensen, Alton, Rising and Waldeck, 2011). M&As are also driven by the need for market expansion and for product diversification (Duncan and Mtar, 2006). Exxon Corp. Chairman Lee R. Raymond and Mobil Corp. Chairman Lucio A. Noto were realistic in their expectations from the merger. They recognized the need to cut costs due to changes in the oil industry. In fact these were the precise reasons for the merger – changes in the oil industry and the need to cut costs. Early intentions can influence subsequent integration. Leadership has to put forward a clear and convincing rationale to people on both sides that the merger is more than a cost-cutting deal (Baxter, 1999), which was done in the case of Exxon and Mobil. The merger of Exxon and Mobil was inspired by the merger of BP with Amoco and ARCO. They too wanted to reach the heights of the new m arket leader and they relied purely on financial analyses (Marks, Mirvis and Brajkovich, 2001). There was no strategic intent and the decisions were based on empire-building. 2.1 Speedy entry to new product/market area The most profitable part of business is this industry is oil exploration and this merger would give them a competitive edge in this activity. This merger was a response to aggressive and excessive exploration behaviour by competing major players as each of them was trying to maintain its relative standing in the industry (Krishnan, Joshi and Krishnan, 2004). This relative positioning was important because mature oligopoly was prevalent in the industry. Mergers such as this become a strategic tool to exit some players and contract the industry (Voola, 2006). Excessive capacity