Post-acquisition cultural integration the case of Arcelormittal Essay

Post-acquisition cultural integration the case of Arcelormittal - Essay Example The purpose of the paper is to understand the findings of the previous researchers on the subject. Journals and papers from academic sources such as Emerald, PROQUEST and EBSCO Host have been sued for the study. The focus for this study on ArcelorMittal is justified in view of the numerous failures in international mergers due to cultural issues. The first stream of literature is based on understanding the concept of mergers and acquisitions. An overview of the terms, the motives for mergers and the outcome of such mergers have been discussed. The second stream of literature is on the role of culture in acquisitions. In this section, the definition of culture, the concept of national and organizational culture, including the country clusters and their value system have been discussed at length while providing the different theories. Under the same section the acculturation theory and the concept of cultural synergy has been highlighted. The third stream of literature deals with the m anagerial competencies and the linguistic issues in the context of international mergers. Mergers and acquisitions (M&A) is an expression of a strategy that pertains to the corporate sector. It is basically the management of different processes relating to different functions such as selling, buying or combining one or more companies towards a common goal. It helps to accelerate growth and achieve synergies.

Environment and development Essay Example | Topics and Well Written Essays - 4000 words

Environment and development - Essay Example What is perceived of the term ‘Ethical Consumption’, at the very basic level, is the buying, purchasing, consuming or to obtain something for one’s own personal or (at least related) use; keeping in mind the ethical values one has established for one’s own sake. Now different people may have different ethical values but beings with similar ethical values tend to form groups and societies as illustrated by Stuart Hall: â€Å"†¦the word can be used to describe the ‘shared values’ of a group or of a society† (Hall , p.2). These groups tend to act as mass ‘effectors’ and can really bring change in lieu of what they consider ethically right or wrong. However, the correctness of their own ethical views does not matter in this regard since most people form almost the same ethical values concerning certain aspects of our planet, the humanity and the environment. Now people who buy, with reference to their own established Ã¢â‚¬Ë œethical standards’ of shopping or consuming to be more precise may consider a certain product to be ethically wrong or being produced in a manner which is ethically wrong or its very production effects certain aspects which the consumer tends to care about, and hence considers the production ethically wrong; now this consumer, who considers a product to be immoral may boycott its purchase or avoid it at all possible costs, at least that’s the general perceived reaction from a consumer who buys in accordance to his ethical standards. And the same can be expected off a certain group formed due to similar ethical standards concerning a certain product, and it is quite evident that the group and even the individual alone can affect the market value of that certain product in a positive (if the product meets their ethical standards) or negative (if the product does not meet their ethical standards) manner. But it is not always the case that the consumer considers buying wi th respect to his/ her

The use of water Essay Example for Free

The use of water Essay The use of water has been steadily increasing recently all around the world. Some of the reasons that account for this are due to the improvement of living standards, population expansion and human activities including but not limited to, agriculture, industrial and personal-use like, cooking, washing of cars and clothes. In Kuwait for example, the consumption rate of water increased rapidly specially after the discovery of oil in the 1930s. One can just imagine how a small country with a size of 17,820 km2 and a population of 2,505,559 (around 1,291,354 are non-Kuwaiti citizens) has seen tremendous rate of increase in water. Kuwait, consisting of flat desert with arid soil, little or no irrigation water and harsh climate is located in the Middle East region and is characterized by its hot climate in summer with high evaporation rate (long season), and another nearly cold climate season, winter, with a small rate of rain (short season). In the past, Kuwait counted on rain water found on the surface in shallow wells because there was no other water source. After some time, in 1905, a large fresh water capacity well was discovered in Hawally area. However all of those wells were no longer sufficient because of the increasing growth of population and the small rate of seasonal rain. Accordingly, Shaat Al-Arab (in Iraq) was the alternative solution at that time utilizing dhows (special ships) that brought fresh water which were stored in tanks. Thus, a primitive network for distribution was established. After the first oil shipment was effected in 1946, the wealth age of Kuwait began and from then Kuwait had to look for alternative industrial solutions. Two of the main concerns orf the government involved available water and electricity for the country’s development and construction expansion. In fact the water consumption in Kuwait is divided into two main parts, fresh water from desalination plants, and brackish water which usually come from groundwater. Both of them are delivered to households, farms, irrigation and industrial facilities but in separate pipes. However, brackish water delivers only two days per week (specific days for each town). Brackish water is distributed through network pipe lines which are parallel to the fresh water distribution line and is provided from the main distribution water system. It is used for blending with distilled water, irrigation and landscaping as well as for house-hold purposes, livestock watering and construction work, while the fresh water is for the human use. Moreover, the brackish water is distributed for consumers for free (free of charge). The consumption of both types of water has increased because of the growth of population and lifestyle development especially when the oil was discovered and Kuwait became a developed rich country. News released by (†¦) states that the Ministry of Electricity and Water indicated the need of new desalination plants which aim at producing 375 million imperial gallons per day due to the increase of the water consumption. There were also reports that in the final quarter of 2006, freshwater distribution was lower than the estimated consumption. The minister also noted that the consumption of fresh water in November 2006 was around 303. 6 Million Imperial Gallons (MIG) and in 2005 of the same month it was at 279. 6 MIG. Going back to the fifties, it is to be noted that the population of Kuwait was only ten thousand then and it reached around two million during the nineties which resulted in an increase of water consumption. Specifically, in 1957, the consumption of fresh water was 648 MIG and increased to 6638 MIG in 1970. In 1989 it reached 47605 MIG but it has decreased due to the Iraqi invasion in 1991 to 30814 MIG. The consumption of fresh water is gradually increasing since 1992 and reached 67464 MIG in 1996. For more details, the consumption rate until year 2005 is shown in Figure 1. Figure 1: shows the gross consumption and the daily average consumption of fresh water from 1988 to 2005. On the other hand, 527 MIG was the consumption of brackish water in 1957, and then it went up to 9750 MIG in 1980 and increased in 1989 to 17998 MIG. The fresh water consumption decreased in 1991 due to the Iraqi invasion, brackish water consumption has decreased for the same reason to 1669 MIG. Since 1992, brackish water consumption is increasing and has reached 19697 MIG in 1994. There was a slight decrease due to the change in supply system in 1995 to 15957 MIG. The consumption of brackish water in 1996 has increased again to 17875 MIG. For more details, the consumption rate until year 2005 is shown in Figure 2. Figure 2: shows the gross consumption of brackish water from 1989 to 2005. Most of the consumers received the two types of water by the distribution network but some of them were received by car-based tanks (tanks) specially the new towns that did not get the distribution network service yet. The distribution network makes the consumption rate higher and easier because of the availability of water while consumers from tanks have limited water. The consumption of both types of water usually increases in summer due to the arid location, very hot climate and dust during the season resulting in the need for more cleaning, cooling and irrigation, etc. For more details, the consumption rate per month for year 2004 and 2005 is shown in figure 3 (fresh water) and 4 (brackish water). Figure 3: shows the production and consumption of water monthly for year 2004 and 2005. Figure 4: shows the production and consumption of brackish monthly for year 2004 and 2005. Agriculture has not been a priority compared to other sectors of development. According to the weakness of natural resources and the availability of fresh water, Kuwait’s agriculture used to get water from the brackish groundwater or some fresh water wells (very rare and some are human made) in some places such as, Al Abdily, Al Wafra and Fontas. Since the introduction desalination plants and the improvement done to the distribution networks, agriculture has developed and expanded. Farms in Al Wafra and Al Abdily became the highest water consumers in Kuwait. These farms are divided into two sections: †¢ Private farms which consumes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. †¢ Government farms which consumes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Meanwhile, irrigation for planting streets, decorating roads, deck dress towns and public parks are also expanding in Kuwait. Some of these plants are irrigated by a specific distribution system, drip irrigation and others by water tanks. Kuwait is regarded as a non industrial country compared with other countries like USA or Japan but it has some minor industrial facilities. Most of its products are produced from oil such as those from plastic, aluminium, and the most important manufacturing part. It must be noted that Kuwait is one of the biggest countries in producing oil for exportation. Oil derivatives are used to cover public needs such as, pesticides, benzine, diesel, plastic, blacktop etc. This makes the Kuwait Oil Company (KOC) as the company with the greatest water consumption section when compared with other industrial facilities. In 1951, the consumption of water was 80000 G/d for the KOC. Currently, the production of oil is around 2. 5 million barrels per day and this means the need for water required for oil processes such as cooling systems, cleaning, pumping and many others. Due to the growth in oil production, the mount water needed has increased sharply compared to the one consumed in the fifties. However, in the past, technology was not as developed as now, and currently part of the water used by the KOC comes from the oil production wells themselves. In contrast, while the oil is pumped out, water comes out as well but this water is usually very acidic (effluent). This water is first treated to reduce its acidity to a level close to the sea water level otherwise it can be harmful to the environment. The water is then pumped back to the ground in order to create enough pressure to push the oil up. When the amount of this effluent water is not enough, additional amount of water (sea water) is used to maintain such pressure. In some cases, average quality water is also produced; this water is treated and used for cooling systems and cleaning. Another source of water consumption is the desalination factories where they use non-negligible amount water for cleaning and cooling system in order to continue their processes (see figure 5). Figure : shows the water consumption inside the desalination plants in 2005. The consumption for households is the largest among all and is the priority concern in Kuwait. Since Kuwait became one of the richest countries, the lifestyles of most of the people there have completely changed. For example, people in Kuwait own big houses and the average number of bathrooms in each house is approximately six and around five cars per house (2-3 cars for people in each apartment). Additionally, the prices of water became very cheap compared with the income of each person. Furthermore, a statement released by (†¦) says that Kuwaiti people wash their cars daily for at least four days a week. Clearly, these reasons will result in more consumption of water besides the hot, dry season and dust storms in summer. Therefore, the consumption of water in summer is more than in winter because of the dust which needs more cleaning (the house, cars, cloths, more showering etc) and cooling for the very hot climate. It is to be noted that most of the houses in Kuwait have gardens (average size of 8 x 6 meters), and this means more water is needed for gardens’ irrigation. In 1960, the mean consumption was 4851 IG per capita and this has further increased in 1970 to 9252 IG. In 1980 it reached 16734 IG, then it increased to 29583 IG in 1992 and in the year 2000 it was 36931 GI. In 2005, the mean per capita consumption was 37279 GI which estimated as one of the highest in the world. Figure 6: shows the consumption of fresh water per capita from 1985 to 2005. The increase in consumption is largely due to the residential areas in Kuwait which have introduced piped water, together with the increase of population and the development of new residential areas. Finally, the consumption of freshwater per capita has reached its saturation levels. Conclusion It is evident that water consumption in Kuwait has increased rapidly in recent years as compared to the past two decades. It has been considered one of the current major concerns since the consumption has been very high as compared with the country size and population. The increase of water consumption is due to several factors. One of these is the discovery of oil in 1991 which made Kuwait one of the richest country, having more facilities and activities most of which are water-based such as big gardens and swimming pools and artificial aqua. Although it has decreased in 1991 due to the Iraqi invasion, it gained momentum and started to increase rapidly again after the war. Water consumption has also increased due to the increase of agriculture and industrial activities.

Postmodernism in Extremely Loud and Incredibly Close by Jonathan Safran

Where does truth lie? Postmodernism is a literary movement of the twentieth century that attempts to show that the answer to this question cannot be completely determined. Characteristics of postmodern works include a mixing of different genres, random time changes, and the use of technology that all aid in presenting a common postmodern theme that truth doesn’t lie in one story, place or person. The novel Extremely Loud and Incredibly Close by Jonathan Safran Foer encompasses these postmodern characteristics combining together show how the truth cannot always be attained. Intertwined within the novel is the presence of many different genres including letters, articles and magazine clippings, and pictures. At first sight there is the whole book, a novel written in Oskar’s point of view, which tells of his trials and tribulations growing up in a post-September eleventh world. After closer examination, numerous letters from different characters are found placed within the story to provide an insight into the feelings of other characters. There is a letter from Oskar’s grandmother, letters from prisoners and other people for handwriting samples, and letters from Stephen Hawking among many. Also within the book are magazine and newspaper articles that relate to the story in different ways. For example the article about Chandra Levy parallels Oskar’s story of loss and continuous search. The other articles are apart of the game Oskar played with his dad. Oskar’s dad circled newspaper articles in red as clues to the answer to a se arch for item. Finally tactically Foer placed pictures relating to the novel throughout the book. The picture of the â€Å"Sixth Borough† (or lack of it) complements the story of the sixth borough and the picture ... ...of others. In today's society, the Internet is the primary means by which people search for "truth†. Foer tries to point out that in the society based on the truth still cannot always be found. Through the use of many postmodern characteristics Foer has created a book that concerns with the questions, where does the truth lie? And how does someone obtain the truth? At the end of the novel Oskar never really finds what he was looking for, His questions are all left unanswered. By ending in this manor Foer suggests that the truth can’t be found not every question has a yes or no answer. People can choose to go through life constantly attempting to achieve the answers to life or they can choose to accept things for what they are. Truth can be defined as the body of real things, events, and facts. But knowing the definition still leaves the question does truth exist?

Crito Analysis Essay

Rhetorical Question: â€Å"But my dear Crito, why should we pay so much attention to what ‘most people’ think? The reasonable people, who have more claim to be considered, will believe that the facts are exactly as they are† (906). Personification: â€Å"’Consider then, Socrates,’ the Laws would probably continue, ‘whether it is also true for us to say that what you are trying to do to us is not right†¦Ã¢â‚¬â„¢Ã¢â‚¬  (913). Plato’s â€Å"Crito† is one of the many tremendously influential pieces of literature produced in ancient Greece. It is a thought-provoking, philosophical discussion regarding the role of the individual within society, and how to treat injustice. As part of a series of imaginary dialogues between Socrates and other characters, â€Å"Crito† deals with the conflict Socrates is presented with, as he awaits execution. Crito, one of Socrates’ close friends, urges Socrates to escape prison while he still can. Crito offers several arguments to justify his escape, including the shame he would endure from the public for letting his friend die, and the poor example it would set for the children of Athens. However, Socrates carefully analyzes each of Crito’s arguments for escaping, and proves them invalid through logic and deductive reasoning. The passage, â€Å"But my dear Crito, why should we pay so much attention to what ‘most people’ think? T he reasonable people, who have more claim to be considered, will believe that the facts are exactly as they are† (906), demonstrates the method that Socrates uses to persuade. Socrates asks a rhetorical question to expose the silliness of the Crito’s worries. It represents the wisdom and morals of Socrates. Crito’s strongest argument is that Socrates would be promoting injustice by accepting his unfair sentence. However, Socrates disproves this point as well, by reasoning that he would be harming the Law by escaping death. Socrates, who has tried to live his life as justly and peacefully as possible, would be breaking every moral he ever lived by if he chose to turn against the law. He regards the Law higher than his own life. He sees the Law as a father to him; it has raised him, educated him, and allowed him to live a comfortable life. No matter how much he disagrees with its ways, he cannot bring himself to disobey it. Throughout Socrates’ discussions, he often has conversations with himself and the â€Å"Law†. Plato personifies the â€Å"Law† by giving it human-like qualities and speech; it is suggested that the Law can be hurt, and angry. He does this to distinguish it as a character that has feelings. For example, â€Å"’†¦you will leave this place, when you do, as the victim of a wrong done not by us, the Laws, but by your fellow men. But if you leave in that dishonorable way, returning wrong from wrong, and evil for evil, breaking your agreements with us, and injuring those whom you least ought to injure – yourself, your country, and us ,- then you will face our anger†¦Ã¢â‚¬  (916), demonstrates the authority of the Law. Socrates suggests it is better to die a victim who has lived justly and killed unjustly, than to return the injustice and hurt the Laws. He states, â€Å"†¦it is never right to do a wrong or return a wrong or defend one†™s self against injury by retaliation† (911), which exemplifies the belief that injustice cannot be treated with injustice. Socrates mentions an agreement being broken in this passage; this alludes to the belief that there is a social contract between the individual and government. Socrates reasons that when a citizen lives in Athens, he is indirectly supporting the laws and abiding them. The individual has a moral obligation to the government. While it is beneficial to challenge the government under some circumstances, one threatens the foundation of a stable society by breaking its laws. Socrates, who has lived 70 years of Athenian life, is content by living in accordance with this contract. He feels a state simply cannot exist if laws have no power. He firmly believes in the importance of strict laws, as he calls them the most precious achievement of human history. Besides, he reasons that a man of his age, with little life left to live, would lose his reputation by †Å"clinging so greedily to life, at the price of violating the most stringent laws† (915). For all these reasons, â€Å"Crito† remains an influential piece that poses big questions and promotes critical thinking.

China s Influence On Traditional Practices - 909 Words

In the early 17th century, Qing China, and Tokugawa Japan were both in power, and changing rapidly (pg. 480). The Tokugawa had risen to power (pg. 480), and the Chinese Empire was expanding at a quick pace, and to a degree that hadn’t been seen since the Han and the Tang dynasties (pg. 479). A big factor in the fast changes was the contact with the west, and the Europeans (pg. 480). At first, both of the dynasties were open and welcoming to the Europeans, but later the leaders of these empires became concerned with harmful effects of western contact (pg. 480). The leaders wanted to protect themselves against intrusion, and the consequences that western practices have on traditional practices (pg. 480). At first, when the Europeans arrived in China, they did not create a huge effect. Even though many European countries were trading with China at this point, the trade between China and Europe was limited (pg. 480). Unlike the trade market, missionaries were very influentia l, they tried to show the Chinese parallels between Confucian ethics and Christianity (pg. 480). After this the Europeans began to be more widely accepted, also the fact that they brought all types of new technologies like the clock, astronomical tools, and musical instruments helped out a lot since those things really impressed the Chinese. (pg. 480). 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Grammar-Translation Method, Audio-Lingual Method and...

Three of the earliest teaching methods were the Grammar-Translation Method, the Direct Method, and the Audio-lingual Method. Discuss these three methods. Also, explain their shortcomings which led to more current approaches in the teaching of grammar to L2 speakers. 1. i) Grammar Translation Method (GTM): Grammar-translation method is the extension of the Classical method which began in Germany (Prussia) in the late 18th century. It was then become popular in the early 19th century. It is one of the earliest teaching methods and was considered as the first institutionalized and the oldest method of language teaching. This is because; GTM was an adopted language teaching method in various schools. In the book, â€Å"The Empirical Evidence†¦show more content†¦By the time GTM was used in normal schools, a new form of method has been developed focusing on the speaking skills. It was then used widely in the private schools, particularly at the Berlitz schools. 2. i) Berlitz or Direct Method: Berlitz or Direct method was first introduced in the 19th century which attempt to build a methodology around observation of child language learning. This method has emphasized more on speaking and listening and uses little emphasize on grammar. This method was developed as a response to the Grammar-Translation method. It required immersing learners the same way L1 is learnt. L2 is used in teaching while grammar is taught inductively. There is a focus on speaking and listening, and only useful ‘everyday language is taught. Major techniques such as the questioning technique were used to elicit student oral production as well as an importance on the ‘here and now’. Moreover, Direct method is the secondary role of grammar. This is because; grammar is deemphasized in speech as it is a direct effect of these techniques. The development of phonetic and phonology somehow has given Direct method an advantage during that time. However, the w ay teachers’ teach is more important rather than any scientific rationale about this method. ii) Shortcomings of Direct Method: There are many critics regarding this method. First of all, many abstract words cannot be interpreted directly in EnglishShow MoreRelatedLinguistic Theories Essay1626 Words   |  7 PagesIn the past, the study of grammar has been investigated for centuries, it was also significantly role in language teaching and learning. The reasons for teaching and learning are different in each period. In some eras, a major aim of teaching and learning was making learners to be able to communicate. In others, it was essentially taught for the purposes of reading and writing. 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During the nineteenth century, the Grammar-Translation Method with its emphasis on the transmission of structural rules and analysis of form served as the principal method of teaching modern and classical languages in schools. The goal of studying a foreign language was to learn the language so as to be able to read its literature. Grammar was taught deductively withRead MoreAudio Lingual Method2617 Words   |  11 PagesGGGV 2044 METHODS IN TEACHING ENGLISH AS A SECOND LANGUAGE Semester 2 2009/2010 AUDIO-LINGUAL METHOD: A DISCUSSION (INDIVIDUAL ASSIGNMENT) LECTURER: DR. HAMIDAH BT. YAMAT @ AHMAD LISA KWAN SU LI A123040 TESL/2 2 1.1 INTRODUCTION The Audio-lingual Method (ALM), by its very name – â€Å"audio† and â€Å"lingual† – refers to a language teaching approach that focuses on two aspects of language, namely listening and speaking. Unlike its predecessor, the Grammar Translation Method, which focusesRead MoreThe Purpose Of Education1041 Words   |  5 PagesEnglish than by learning any other language’ (Crystal, 2003, p. 111). Also teaching English will help those who wish to pursue higher education in native countries and will open up a wide range of job opportunities. Certainly there are different methods in which students learn a language best. However based on my experience I would state that students learn a language best by immersing themselves in the language as much as possible, in order to grasp all different aspects of that language. LearnersRead MoreMethodological Approaches Test4679 Words   |  19 Pagesview of learning based on analytical processes. | Score 0.5 / 0.5 Question 5 (.125 points) Certain methods/approaches and trends state specific roles for the teachers and prescribe their types of behavior in the classroom. Below, there is a list about the role that, according to these trends, the teacher should fulfill in the classroom situation. Read it carefully and choose the method/approach it belongs to: Never translate: demonstrate Never explain: act Never make a speech: ask questionsRead MoreCommunicative Language Teaching and Audio-Lingual Method3681 Words   |  15 Pagesby Abdul Bari Communicative Language Teaching and Audio-Lingual Method: Definition Communicative Language Teaching (CLT) is an approach to the teaching of second and foreign languages that emphasizes interaction as both the means and the ultimate goal of learning a language. It is also referred to as â€Å"communicative approach to the teaching of foreign languages† or simply the â€Å"Communicative Approach.† The Audio-Lingual Method, or the Army Method, is a style of teaching used in teaching foreign languagesRead MoreTeaching Methods For Teaching And Learning1809 Words   |  8 Pages Teaching Methods Introduction Although teaching and learning are closely related, they are different. Good teaching is measured by the quality of learning a student is getting as measured by the information the students will then have gained knowledge of. There is a high degree of connection between what has been learned by students and how they then grade the teacher and the subject area. Cohen, 1981; Theall and Franklin, (2001), postulate that learners awarded high marks to their teachers