Lee Davis is entrepreneur, and has years of experience in many industries. He wants to help other young entrepreneurs to understand the world of business, and help them to understand that it is not a scary place!!
Impact of Global Issues on Employment Law
Globalization is a recent phenomenon where business is no longer restricted to the borders of one nation, but now the entire world. As the world financial markets and businesses become more integrated, there is more of a need for uniformity in the international system. With growing business integration, there are many issues of employment law that arises form continued globalization.
Managing Organizational Change
Organizational change can be a difficult process for any organization, but especially one to manage. Organizational change is when a company makes a change or transition from its current state to a future state that is different. Managing organizational change is the process of planning and implementing some sort of change in an organization. The process can be difficult as managers must make sure that they do not upset the employees while at the same time they maximize the effectiveness of the change.
Mergers & Acquisitions
Mergers and acquisitions, or commonly referred to as M&A, is the process in which a company will; transfer, sell, or combine operating units or entire company to another company. Specifically, a merger is when two companies combine together to make one company. An acquisition is when one company takes ownership of another company and all of their assets, in effect creating a larger company. In your merger you have decided to keep your company name, and adopt their product lines. An example of an acquisition would be during the financial crisis of 2009 when larger banks were buying smaller banks. A merger is the preferred term to use, as an acquisition in most cases sounds hostile and has a negative connotation.