Chrysler Corporation and Daimler-Benz A.G.

Chrysler Corporation and Daimler-Benz A.G. 

Case 43: Negotiations between Chrysler Corporation and Daimler-Benz A.G.
Description: Synopsis of case: Set in February 1998, this case reflects the perspective of the CEO of Chrysler Corporation as his firm approaches negotiations to merge with Daimler-Benz A.G. There are a number of issues for agreement, including price, form of payment, form of transaction, need for shareholder vote, choice of accounting and tax treatment, possible side-deals for major shareholders, governance structure, country of headquarters, and official language.

Objectives:
At the end of this case study, you should be able to:
Value the firms based on discounted cash flow, comparable transactions multiples, and current market prices. Analyze the individual strengths and weaknesses of each side, as well as the strategic fit between the companies. Evaluate the asymmetries in expectations, bargaining strengths, and goals between the two sides. Describe the practical aspects of mergers and acquisitions with respect to exchange ratio of shares, accounting for acquisitions, tax exposure, dilution, and voting power.

Study questions:

1. What is the situation faced by Chrysler? What are the strengths and weaknesses of this company, and those of Daimler-Benz?
2. What are the strategic motives for the two companies to negotiate?
3. What are the likely high and low values of Chrysler? What are those of Daimler-Benz? How did you estimate those values? What are the key value drivers?.
4. Prepare a specific recommendation for the structure of a proposed combination of Daimler and Chrysler, addressing all of the negotiable items.
Epilogue: What were the final terms of the deal and the developments since the merger was consummated?


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The Humanity of Jesus Christ

The Humanity of Jesus Christ

"Jesus' Humanity" where did it come from, why is it important and where is it now?

Discuss the Biblical evidence for the humanity of Christ,

Discuss its origin and importance for Christian salvation and what has happened to it now that he has returned to the father.

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Advertising: Health Psychology – Health Belief Model

Advertising: Health Psychology – Health Belief Model

Pick up leaflets or advisements regarding health behavior, such as stopping smoking, medication adherence, or healthy eating, from the clinic, gym, or even local pharmacy(if you cannot find any, those found on the web are acceptable). Consider the text of the leaflets and highlight where any particular component of a health psychology model seems to have been addressed. For example, is perceived risk (health belief model) mentioned in the texts about using condoms (e.g. young people are increasingly aware of the need to protect their health)? Consider how greater consideration of the health psychology evidence might improve on some of these leaflets.

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International Law and Global Environmental Action

 International Law and Global Environmental Action

To what extent can international law deliver global environmental action in the face of resistance from one or more major nations? 

Discuss in the context of either species protection or climate change.

Therefore the essay have to choose whether it focuses on species protection or climate change.

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Assisted Suicide and the Ethical Issues

Assisted Suicide and the Ethical Issues 

Ethical issues associated with assisted suicides:
*An overview of the topic
*b. Pros and cons
*c. Existing state laws
*d. Dr. Kevorkian's role
*e. Patient autonomy
*f. Sanctity of life, pain, and suffering
*g. Doctor-patient relationship and potential abuse.


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The Implementation of Health Insurance in the Kingdom of Saudi Arabia

 The Implementation of Health Insurance in the Kingdom of Saudi Arabia

The Effect of the Implementation of Health Care Insurance on the Future Trend of Health Care Delivery System in Kingdom of Saudi Arabia.

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Intellectual Property Law

 Intellectual Property Law

1. Ruritania is planning to adhere to the TRIPS agreement. At present it has no form of intellectual property protection for either plan or animal varieties. Advise the Ruritanian government as to what steps, if any, it needs to take to become TRIPS compliant in this respect, and what options it may have.

2. 'A troublesome problem at the present time is the attempts by manufacturers to use the trade marks system to obtain protection for industrial designs, and the use of the European designs registration system to gain protection for trade marks'. Discuss.

3. 'Strengthening the Berne reproduction right has done little to deal with the problems thrown up by the internet, and attention needs now to focus on the communication right.' Discuss.

4. The European patent system may be amended in the foreseeable future to incorporate a 'doctrine of equivalents'. How would the introduction of such a doctrine change the situation which exists at present under Article 69 European Patent Convention and the protocol to it?

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Mercedez Benz vs. Cadillac

Mercedez Benz vs. Cadillac 

Tradition of luxury and reliability run the lines of Mercedes Benz and the Cadillac

Both Mercedes Benz and the Cadillac run a centuries-old tradition of manufacturing reliable and luxury cars, but with distinct origin of places and technology. While Mercedes Benz represents German engineering technology, the Cadillac on the other hand represents the American design.
Cadillac is a luxury brand of automobiles from General Motors popular in the United States of America with GM founded in August 22, 1902 as the Cadillac Automobile Company. Its name was derived from the 17^th century French explorer Antoine Laumet de La Mothe, sieru de Cadillac, the founder of Detroit, Michigan.
Mercedes Benz, on the other hand, is a German brand of automobiles, buses, coaches and trucks from the DaimlerChrysler company, formerly known as Daimler-Benz. It is the world’s oldest automobile manufacturer with its three-pointed star design first appearing in 1909 but the company’s origin dated way back to 1880s when Gottlieb Daimler and Karl Benz invented the internal combustion engine-powered automobile in southwestern Germany. The name Mercedes came from Austrian dealer Emil Jellinek who placed exclusive orders and distribution for Austria-Hungary, France, Belgium and USA using his daughter’s name Mercedes as the brand name for the automobiles.
Mercedes Benz focuses on high quality and state-of-the-art engineering and had been offering expensive cars made of lower volumes cultivating an image of superior engineering, quality and service.
Likewise, Cadillac’s impressive first showing in January 1904 New York Auto Show based on Henry Ford’s design gathered over two thousand orders with precision manufacturing and reliability as its selling point. In 1909, it received the Dewar Trophy as the most important advancement of the year in the automobile industry.
Rich in history and experience, both brands of cars have their own shares even for sports oriented developments and competitions. While Cadillac almost faced extinction in 1932 when it suffered record low sales doubled with charges of discrimination against black customers, but turned tables to a 1000 percent rise in sales by 1934. From then on, it brought revolutionary innovations in the assembly-line technology, styling features, and even not-so-famous designs.
Mercedes Benz, too suffered ill-fates when it introduced lesser quality cars like the 130 H, recall of 600,000 cars for fixing of potential problems, and for getting low ranks in consumer surveys. Mercedes Benz addressed all these by investing heavily to uproot the problem.
Today, the Cadillac line of cars symbolizes quality, luxury and elegance embracing the new design philosophy “art and science” that incorporates sharp, shear forms and crisp edges that expresses boldness, high technology design and invoke of technology used to design it, while Mercedes Benz continues a tradition of safety, quality German craftsmanship and technology developed from over 100 years of automotive experience. It developed the safety cage, anti-lock brakes, safety belt and the first standard air bags. Innovation and technology, likewise prevail in the history of Cadillac with the first fully-enclosed car body released in 1905. Cadillac also built the first limousine, first mass-produced V8 engines, the first sun-roofs and the first to offer power-steering as a standard car feature.
As both branded cars race towards market domination, each manufactured their own lines of cheaper models, but both did not receive warm welcome and appreciation. Today, they race towards consumer demands for non-stop innovation and quality, safety and design. But even as they parallel in a lot of ways, Mercedes Benz and Cadillac were rarely pitted off as competitors with Mercedes Benz always compared against fellow sedans Acura and Lexus, while Cadillac is pitted against fellow sports-utility vehicles.
Both Mercedes Benz and Cadillac offer high quality after-sales services developing a line of loyal patrons offering the likes of four-year warranty, 24-hour road-side service, owner protection, warranties of 50,000 mile bumper-to-bumper free repairs and replacements. And when it comes to classic car community, Mercedes Benz and Cadillac are high esteemed by collectors and consumers alike.
With a community of loyal patrons, Mercedes Benz classics and classic Chevrolets also enjoy a variety of car shows all over the world and both enjoy use of the brand names as metaphors for highest in quality and reliability. But it seems that Cadillac has cultivated more loyal customers with interactive websites dedicated only to Cadillac owners.

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Buyer Behavior

Buyer Behavior

Critically assess one of the theoretical traditions covered during the course of this module insofar as they are successful (or not) in answering the question: ‘why do people buy stuff’?

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Effective Planning and Organisational Success

Effective Planning and Organisational Success 

To what extent is effective planning important to an organisation?
 

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Agriculture and Poverty

Agriculture and Poverty 

In the agriculture-based countries, which include most of Sub-Saharan Africa, agriculture and its associated industries are essential to growth and to reducing mass poverty and food insecurity. (World Development Report 2008) Critically discuss the view that agriculture offers a route out of poverty for individuals and nations; and, using evidence from recent research, suggest under what conditions governments can expect agriculture to help them achieve national development goals.
 
Book Title: Poverty. Contributors: Robert W. Kelso - author. Publisher: Longmans, Green. Place of Publication: New York. Publication Year: 1929
 
THE MEANING AND EXTENT OF POVERTY

CHAPTER I 

THE NATURE OF POVERTY

Obscurity of the subject. --Poverty is as old as human society. The industrial epoch, now in full swing, has given it a new amplitude and an added meaning. Scholars in all ages have sought to define the problem of poverty; to isolate it for purposes of analysis; to identify it with intent to reveal its causes and discuss its remedies. Yet to the student seeking light, the subject remains obscure. Its literature is confused; entangled in a morass of timid beliefs and bad reasoning. Masters of thought, like Locke, Mill, Darwin, Huxley, have contributed most to the philosophy of the subject; but since their day the world has erupted in the volcanic discharge of modern industrialism: the science of psychology has come into being; and much that formerly resided in superstitious beliefs has been added to the realm of reason. The world is still without an adequate treatise upon the riddle of poverty, its causes and remedies, in the light of present-day knowledge and experience.

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Labor Market Policy

Labor Market Policy 

The role of the Trades Unions in today’s workplace.

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International Management Accounting

International Management Accounting

"Successful organizations tend to be able to proactively change the circumstances under which they have to operate, and continuously adapt to changes in their environment" (Groot and Lukka2000).

-tend to reshape or redefine their environment

Using examples from your readings and research, and referring to the changing business context, critically comment on the multiple roles the management accounting function plays in change processes.

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Technology and the Banking Industry

Technology and the Banking Industry 

Impact of digital technologies on Banking Industry

Assess the impact of the digital technologies (internet is just one of the elements, do not only focused on it) on banking industry.

   1. What parts did bank change in digital technology and compare with before.
   2. Why the bank changed (digital technology)
   3. Focus on one or two aspects (e.g. electronic bank)
   4. Advantage impact (e.g. digital technology on banking. Bank and customer)
   5. Disadvantage impact (e.g. bank and customer)
   6. Future impact of digital technology on banking (e.g. how make it better)
   7. Conclusion

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Restorative Justice and Youth Crime

 Restorative Justice and Youth Crime

Examine and discuss the key ways in which the family, as a major social institution has been used to explain crime and deviance within society?
Restorative justice initiatives are not tough enough on offenders and young people should be treated more punitively’. Discuss.

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Youth Crime, Youth Justice

 Youth Crime, Youth Justice

Discuss the strengths and weaknesses of the contention that young people offend as a consequence of their parents’ lack of parenting skills.

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Stress and Burnout Among Teachers

 Stress and Burnout Among Teachers

The role of Headteacher (principal of school) in dealing with stress and burnout at public schools.
 

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Starbucks HR Case Study

Starbucks HR Case Study 

Case Profile/ Company History
Three Seattle entrepreneurs started the Starbucks Corporation in 1971. Their prime product was the selling of whole bean coffee in one Seattle store. By 1982, this business had grown tremendously into five stores selling the coffee beans, a roasting facility, and a wholesale business for local restaurants.
Howard Schultz, a marketer, was recruited to be the manager of retail and marketing. He brought new ideas to the owners, but was turned down. Schultz in turn opened his own coffee bar in 1986 based on Italian coffee cafes, selling brewed Starbucks coffee. By 1987, Schultz had expanded to three coffee bars and bought Starbucks from the original owners for $4 million. He changed the name of his coffee bars from Il Giornale to Starbucks.
His intention for the company was to grow slowly with a very solid foundation. He wanted to create a top-notch management by wooing top executives from other well-known corporations. For the first two years, Starbucks losses doubled as overhead and operating expenses increased with Starbucks' expansion. Schultz stood his ground and did not sacrifice long term integrity and values for short-term profit.
By 1991, Starbucks' sales increased by 84% and the company was out of debt. Starbucks grew to 26 stores by 1988. By 1996 it grew to 870 stores with plans to open 2000 stores by the year 2000.
Corporate Level-Strategy:
Starbucks corporate strategy has been to establish itself as the premier purveyor of the finest coffee in the world, while maintaining their uncompromised principles as they grow. The firm principles of the company are seen with its maintenance of a great and proven work environment for every staff member in its retail stores. It upholds diversity and promises the highest standards for its products. The company satisfies customers and gives back to the community and the environment.
Also, Starbucks persists to be profitable and it is. They live by a strict, slow growth policy completely dominating a market before setting its sights further abroad. This strategy has gained them the advantage of being one of the fastest growing companies in the country.
Structure and Control Systems:
Starbucks believes that their employees are one of their important assets in that their only sustainable advantage is the quality of their workforce. They have accomplished building a national retail company by creating pride in the labor produced through an empowering corporate culture, exceptional employee benefits, and employee stock ownership programs.
The culture towards employees is laid back and supportive. Employees are empowered by management to make decisions without management referral and are encouraged to think of themselves as a part of the business. Management stands behind these decisions.
Starbucks has avoided a hierarchical organizational structure and has no formal organizational chart. The company has both functional and product based divisions. There is some overlap in these divisions with some employees reporting to two division heads.
Your task:
Develop a research analysis, using the theories and materials studied during the seminar to answer the following questions?
A companion case study will also be provided by your instructor and available on Connect. .
How would you summarize Starbucks organizational context? .
How does Starbucks structure itself to be effective? .
How does Starbucks ensure that its decision allow them to achieve their organizational outcome? .
How does Starbucks develop their people to ensure that there are no gaps between performance and development? .
Given the current climate in MNC, what is Starbucks doing well and what is it doing poorly?
-in the process of marketing, US Corporations historically require their employees to use their product. Given marketing theory vs. marketing practice, how does Starbucks create greater percentage of market share?
What greater differences do you notice between the US approach to the European approach.
What has made Starbucks an industry leader in the complex world of "coffee"? .
What is Starbucks corporate social responsibility involvement? .
Why is a US model becoming so popular all over the world, even in countries where coffee has always had such an historical legacy? ( France for example)

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Corporate Governance and the Board

Corporate Governance and the Board 

A number of current issues and themes in Corporate Governance are claimed, by various commentators and writers, to impact either positively or negatively upon an organisation’s performance.

Board independence; board diversity; board composition (the make-up of the board in terms of skills, experience, qualifications, etc.); the board’s involvement in developing strategy; board processes; the firm’s ownership structure; duality (the CEO and Chair being the same person); and board-management relationships; have all either singly or in combination, at some time, been claimed to have either a positive or a negative impact upon an organisation’s performance – financial or otherwise.

a) What evidence is there to either support or reject such claims?
b) What conclusions have you, yourself, reached in support or rejection of such claims?

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Technology and Social Relationships

Technology and Social Relationships

Through appropriate case studies analyse the ways in which technological objects might enable or constrain social relations as well as relationships between people and things.

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Billy Budd, Sailor and other stories by Herman Melville

Billy Budd, Sailor and other stories by Herman Melville 

Find any topic related to the reading from the book Billy Budd, Sailor and other Stories by Herman Melville. For instance, you can talk about character from the book or create any topic from reading the book.

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Child Developmental Theories

Child Developmental Theories 

Four perspectives of human development:
1.Biological
2.Psychodynamic
3.Social-Cognitive
4.Humanistic

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Culture and Strategic Human Resource Management: Can Culture be Managed?

Culture and Strategic Human Resource Management: Can Culture be Managed? 

Introduce the readers to Organizational culture, what it is, a few quotations etc. then how it changed over the years. Lots of theories critically analyzed. Has there been recent attempts within famous companies to change the organizational culture? Any successful attempt, any failed attempts. All arguments have to be justified.
Real world examples, clear analysis of relevant theories, and how they can be applied in the practice, be critical and conclude depending on your research outcome. Clear introduction and Conclusion is a must
 
Suggest reading list. But not limited to
Legge K. (2005) Human Resource Management
Boxhall and Purcell (2002)
Mintzberg 1989
Lynn Meek, V (1992) Organisational Culture, origine and weaknesses
Ogbonna (1992) organizational culture and human resource management, dilemma and contradiction
Wilson (1998) Reassessing Human Resource Management

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Leadership: Born or Made?

 Are Leaders Born or Made?

 
Leadership 2003: Are Successful Leaders Born or Made?


What does it take to be a leader today? More than 750 IT executives surveyed said the most important personal characteristics are the ability to inspire and the vision thing. What can you do if you don't measure up? There's good news: Leadership can be taught.
(CIO Insight)

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Parity Theory and the Global Economy

Parity Theory and the Global Economy 

Critically discuss, using current empirical evidence, the various parity theories. Are any of these theories more applicable in the global economy.

Suggested reading list is
Demirag and Goddard: Financial Management for International Business
Radebaugh and Gray: International Accounting and Multinational Enterprises
Shapiro: Multinational Finance Management
Nobes and Parker: Comparative International Accounting.

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An Interpretation of ‘Song’ by W. H. Auden

An Interpretation of ‘Song’ by W. H. Auden 

Write critique of the poem ‘Song’ by W.H. Auden.
· Present your reactions to the poem.
· Explain what meaning(s) you found in the poem.
· Show how the poem achieves the meaning(s) you found, i.e. support your points with quotations from the poem.

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The Fly by Katherine Mansfield

The Fly by Katherine Mansfield 

“The fly” is a story that deals about the mourning process of an individual who lost a loved one. More specifically, this mourning process is depicted in the story through the death of the son of the main character of the story, “the boss”. In addition, it talks about suffering and recovery on the life of every human being, especially on the part of the boss.
In this line, the purpose of this paper is to explore on the deeper aspects of the short story entitled “The fly”. Katherine Mansfield’s masterpiece reveals significant things about life and death. And with the discussion of this story, one is able to find the real message that the author wants to depart with the audience/readers. More specifically, this paper will describe the feelings of the protagonist of the story, “the boss”, regarding the death of his son. In addition, it will delve on the stage of the boss’s mourning. Lastly, this paper will also concentrate on the symbolism of the fly on the life of the boss as well as in the totality of the story.

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Greek and Roman Mythology

 Greek and Roman Mythology

*One of the aspects of classical mythology on which we will be focusing during the term is how these stories developed within the changing cultural makeup of Greece and how they were perceived and used by the Greeks and Romans themselves.
*What were the myths explaining?

*How was this done?

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Strategic Management: Decision Making Process

Strategic Management: Decision Making Process 

*Appropriate decision-making is central to successful strategic management. However, there are a variety of contradictory and competing approaches to understanding the decision-making process.
*Using empirical examples critically evaluate the various approaches to decision-making and suggest ways in which managers might address the complexity of decision-making.

*In general, it requires you to build your analysis on empirical examples of decision-making in order to demonstrate the limitations of the various approaches to decision-making.
*It also requires you to indicate how managers seek to overcome these limitations in practice.
*The empirical examples may be taken from an organization with which you are familiar and/or from published studies of decision-making.
*The central requirement is to demonstrate a critical understanding of the various approaches to decision making.

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Human Resource Management: HRM Practices and Strategies

 Human Resource Management: HRM Practices and Strategies

Assignment Question
"It (HRM) could be indeed no more and no less than another name for personnel management, but, as usually perceived, at least it has the virtue of emphasizing the need to treat people as a key resource, the management of which is the direct concern of top management as part of the strategic planning processes of the enterprise.
Although there is nothing new in the idea, insufficient attention has been paid to it in many organizations. The new bottle or label can help to overcome this deficiency."

Armstrong (1987:32)
Quoted in: legge, k. (1995) Human Resource Management – Rhetorics and Realities. London: Palgrave (p69)
Analyze and critically discuss this view on the role of Human Resource Management and its activities and influence within an organizations.
Wherever possible, illustrate and support your answer with examples form your own reading and/or any organizations with which you are familiar, especially your own.

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