What are the steps in writing a research paper
Thursday, August 27, 2020
Critique of Feminism in American Cinema Essay Example | Topics and Well Written Essays - 1250 words
Evaluate of Feminism in American Cinema - Essay Example All the while, women's activist belief systems in American film were seized, diverted, upset, and mellowed by manly rationale from the promising desire to change and change sex one-sided man centric social structures. These three articles clarified where woman's rights in American film originated from, how it got to where it is currently, and recommended approaches to determine issues and find significant answers. Composing over 25 years prior, Mayne (1981) gave two unmistakably recognized implications of ladies' film. One importance is films made by ladies, and the other significance is films made for ladies (p. 27). The initial segment of her article endeavored to clarify how films inside every one of these conventional definitions were changed by women's activists after some time, utilizing the lady at the keyhole allegory to show how ladies picked up status from being objects of voyeuristic interest and into inquisitive voyeurs themselves. Mayne contended that there is a need to consider what connections ladies have had customarily and verifiably, as movie producers and as film purchasers, to the medium (p. 28) so as to see how ladies make films (p. 28). This contention established on manly (business-based) rationale veils a fundamental characteristic truth: that people are extraordinary and that ladies and their women's activist portrayal in film would be a continually advancing and a for all time perplexing and slippery objective. Mayne clarified that while the facts demonstrate that having ladies at the opposite finish of the keyhole is run of the mill of manly voyeuristic propensities, it is likewise obvious that ladies love being seen, watched, and appreciated (p. 33-34). They need to feel and look lovely, not in any capacity whatsoever or thought process that is an indication of inadequacy, but since that is the way they are wired, and nothing is terrible about that. It is just not acceptable if such a characteristic human propensity is related with a (light haired or wonderful confronted) absence of scholarly limit. This hurried abstract response, regardless of what one looks like at it, and whether it is applied to ladies or men, is progressively an impression of the person who makes rash decisions dependent on looks and appearances and not founded on inside substance. This is the reason ladies are a definitive dialecticians, Mayne pronounced, reviewing Ruby Rich, who contended that for a lady today, film is a rationalistic involvement with a way that it never was and never will be for a man under male centric society (p. 40). Like Brecht's definitive dialectician who experience the pressure of two distinct societies, ladies bring into the cinema a specific situation and a specific coding from life outside the theater. This is maybe the motivation behind why ladies love various movies in various manners, and why a few movies made by and for ladies contact their crowds in one of a kind ways. Women's liberation in film has surely molded the manner in which entertainers act and movie producers - the two people - do films, making the human experience more extravagant and progressively refined. This is useful for all, not just for men and the man controlled society to comprehend ladies somewhat better, yet in addition for ladies to all the more likely get themselves and what they look like at the world. Making, viewing and investigating motion pictures are, to be sure, unique and complex (p. 41-42). Likewise, they mirror the characteristic contrasts among people that give the masterful true to life world a logic strain that adds to its enchantment, as film as an amazing mode of sexual orientation based imaginative articulation should fundamentally conflict with film as an
Saturday, August 22, 2020
Spinal Cord Injury free essay sample
Spinal Cord Injury Spinal line wounds (SCIs) most ordinarily happen because of falls, engine vehicle mishaps, viciousness, sports wounds, or some other type of effect coordinated to the spinal rope. Over portion of SCIs happen in the youthful or youthful grown-up age gathering, despite the fact that the older populace is at expanded hazard for SCI on account of typical degeneration of the sensitive spinal line (Nayduch, 2010). These wounds can be lethal, cause perpetual harm, or have transitory or no impact to the person by any stretch of the imagination. Spinal rope wounds happen when there is harm to the neurons of the spinal line (Huether, 2008). They are typically grouped by the sort of injury and where it happens along the spinal string. Cracks of the bones along the spinal line or disengagements or incomplete separations of the hard structures most generally cause SCI. The patient can encounter numerous kinds of SCI including: * Concussion-transient disturbance of the ordinary life structures of the spinal line * Compression-pressure on the spinal line * Contusion-wounding or neighborhood momentary harm to the spinal line * Laceration-a tear in the spinal line tissue Transection-a total cutting off of the spinal line * Hemorrhage-seeping into or around the spinal line causing weight and aggravation on the rope itself or encompassing tissues * Damage to the veins encompassing the spinal line causing nearby harm where the draining happens (Nayduch, 2010). We will compose a custom paper test on Spinal Cord Injury or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page These kinds of injury to the spinal rope can cause expanding, wounding, nerve harm, limited dying, aggravation, as well as tissue rot. These wounds can likewise be named finished or inadequate. A total SCI shows no engine work beneath the site of injury while fragmented SCIs can make them stay level of tactile as well as engine work underneath the degree of injury. Most vertebral wounds happen along the most versatile zones of the spinal line, including C1-C2, C4-C7, and T10-L2 (Huether, 2010). These wounds can possibly be wrecking. Spinal stun can happen, bringing about complete loss of capacity. This is a transitory event and normally endures as long as 3 months after injury. It includes loss of motion, loss of reflex, loss of bladder/entrail control and sexual brokenness. It can likewise cause foundational changes, for example, loss of temperature control, decline in circulatory strain, and poor venous flow. At the point when capacity returns, it is normally shown by return of development, reflexes, and gut/bladder control (Heuther, 2008). As capacity restores, an uncompensated cardiovascular reaction can happen called autonomic hyperreflexia. This is a dangerous crisis and must be dealt with right away. Whenever left untreated, the outcome is demise. Autonomic hyperreflexia shows as a sensational ascent in circulatory strain, beating cerebral pain, unnecessary diaphoresis (perspiring), sickness and bradycardia. This is brought about by ââ¬Å"stimulation of the skin or torment receptorsâ⬠, for example, postponed entrail or bladder discharging and can be treated by first fixing the reason for incitement (Huether, p. 379). Brisk however intensive assessment, analytic testing and treatment controlled by discoveries is fundamental to support life in many patients with SCI. Aviation route, breathing and course should initially be surveyed followed immediately by full spinal immobilization including a cervical neckline and long backboard. Immobilization can help decline the opportunity of auxiliary injury (Nayduch, 2010). Constant checking of pulse and temperature guideline should likewise happen. Attendants can likewise lead an exhaustive neurologic test which must be reconsidered frequently to screen for a change or exacerbating in condition. Development including flexion and augmentation of body parts, student test, muscle tone and indispensable signs should all be evaluated to decide the degree of injury. Demonstrative assessment prompting analysis incorporates physical test, CT check, MRI, radiologic studies and myelogram (Heuther, 2008). Treatment is planned for lessening beginning injury and forestalling auxiliary harm. The patient must be firmly checked for spinal stun and automonic hyperreflexia. Understanding instruction is an important nursing mediation for patients with SCI. All spinal string wounds require close checking and accordingly ought to be in a serious consideration setting. Early adjustment (either in the field or in the ED) is key in treating SCI, and must proceed through the patientââ¬â¢s admission to the ICU and from that point. Medical procedure to fix boney injury, decompress nerves and tissue, or addition long haul adjustment gadgets might be important. A few patients will require outside adjustment gadgets that they wear for any measure of time as long as one year. SCI patients are normally out of commission or seriously restricted in their exercises, subsequently the medical caretaker should consistently know about the hazard for skin breakdown, pneumonia, and profound vein apoplexy (DVT) or aspiratory emboli (PE) (Nayduch, 2010). Nursing mediations for these patients incorporate successive turning and change of position, founding hack/profound breathing activities, applying pressure stockings, and checking any implantation of anticoagulants. Once more, understanding instruction is key in these patients.
Friday, August 21, 2020
Technology Persuasive Essay Topics
Technology Persuasive Essay TopicsTechnology Persuasive Essay Topics is easy to come up with, especially if you have already established yourself as an expert in your field. Many people who write persuasive essays start by writing about a technology that they know very well. This way, they become experts in their own right and can make a convincing argument against the topic that they are writing about.One of the best techniques you can use to come up with compelling arguments against technology is to ask people you know about their experiences using technology in your own life. Then you can relate the experiences to the topic of your essay.You can also use this technique in the discussion of technology that is specific to your field. For example, if you are writing an essay about internet marketing, you can say something like, 'Most successful marketers out there use technology to make money.'This is an easy way to use technology to make a persuasive argument. However, technology wi ll not always be a good subject for a persuasive essay. There are many technologies that are not widely used today that will be used soon.One of the most common examples of technology that is not used yet is fax machines. Yet in the past decade, we have been able to get free online faxes from our computers. This gives some indication that technology will continue to improve over time.Persuasive essay topics often need to deal with current technologies that are already widely used or at least that are in use in some form or another. However, these technologies are often more expensive than some other technologies. Therefore, it would be difficult to come up with persuasive arguments for such technologies.Many persuasive essay topics are based on entertainment and are based on anecdotes. However, technology often works hand in hand with entertainment and therefore it makes sense to explain how technology can be used to entertain as well as inform the reader.Finally, technology persuas ive essay topics should contain a strong point. The purpose of the essay is to convince the reader to adopt one's point of view. Therefore, you should make sure that your essay covers a strong point in the first paragraph so that the reader is moved to act in accordance with the argument that you have written.
Monday, May 25, 2020
Thursday, May 14, 2020
Looking at Public Companies going Private - Free Essay Example
Sample details Pages: 16 Words: 4933 Downloads: 6 Date added: 2017/06/26 Category Business Essay Type Research paper Did you like this example? The phenomenon of going private has been widely established as a corporate restructuring tool. Traditionally public companies not performing well have been resorting to this and in the past few years we have seen the booms of public to private (PTP) transactions. The Jensen himself in 1989 predicted in his famous paper of soon eclipse of public corporation. Donââ¬â¢t waste time! Our writers will create an original "Looking at Public Companies going Private" essay for you Create order This prediction along with others were made due to evident increased number of inefficiencies in the forms of unaccountability of management resulting in substantive losses for shareholders ,which were in turn diminishing the corporate value for shareholder; the ultimate goal of corporation. As a result we have observed a large number of public to private transactions in recent years. And as per estimates in the studies of Olper and Titman in 1993 the volume of such transactions increased to the amount of 250 Billion USD. In recent past years, the going private market has seen a considerable boom in size and also has become more interesting for private equity investors. This higher involvement of private equity investors affects considerably the going private market as these investors approach firms with different characteristics relative to the traditional management buy-outs. In recent years in US, after a period of low activity in the beginning of the 1990s, the public-to-priva te market experienced a steep rise in activity as of 1997 with a total value of $65 billion over the period 1997-2002 (Renneboog and Simons, 2005). These days lots of companies are significantly going private because the reality of being public has fallen far short of the predictable benefits. With falling market values, structural changes happening in the trading markets, inadequate liquidity and volume, many companies simply have been unable to realize the promise of being public and instead are burdened by their public status. In past we have certain studies on the topic but most of them have been limited to the US and UK. We rarely see studies on European sample. This collection of essays is a first endeavor in this direction where one can analyze the whole value chain and cycle of going private. I commenced with examining into the heterogeneity of reasons behind going private and interestingly it was found that reasons of going private vary on the basis of their backing. The research was focused on two types of PTPs i,e Management backed deals Private Equity (PE) backed deals. On the basis of Literature certain hypothesis were framed and were tested with the help of Multinomial Logistic Regression. The hypotheses tested include heterogeneity in free cash flows, Undervaluation, visibility and pre buyout ownership structure. I found that the reasons sharply differ on the basis of their backing by either of two above mentioned. In the second essay the focus was on the performance of firms ex post transaction. It was crucial study in a sense that it lent credence to the phenomenon of going private as a viable corporate restructuring tool for public firms not performing well. Their ex post performance was measured to see if these firm have gain some value after going private. Due to absence of market data, we had to resort to the use of accounting indicators. Several ratios were used for this purpose. These companies performance was controlle d with their peer companies who have identical properties but they remain public. These firms were selected by using the propensity score methodology. The hypothesis of increased performance by companies that have undergone private was substantially proved and it was found that these companies have been performing well on the level of different accounting indicators. In the third and final essay the challenge was to asses these companies on their non financial performance. Their corresponding innovation level was measured as well the application of different modern management techniques was assessed. This was done via some established instruments of Learning Organization and innovation performance. These tools helped us to open a new horizon of research. It is a premier study where PTP companies are assessed on these levels of learning organization and innovation performance. This study provided and established further credence of public to private transactions as an effect ive corporate restructuring tool. In the following lines each of the essay is described separately in detail. Essay I In the recent past, we have seen several attempts in different empirical papers which have examined these reasons that why these publicly listed firms do decide to go private (see Maupin et al., 1984; Lehn and Poulsen, 1989; Denis, 1992;Opler and Titman, 1993; Halpern et al., 1999 for US evidence and Weir et al.,2004,2005 for the UK). Therefore in our first Essay we examined the heterogeneity in the reasons behind going private on the basis of their backing up. Venture capitalists/private equity investors are often looking to partner with management when financing a going private transaction where the company is taken off the stock market. This project examines which European companies are taken private with the help of private equity investors and how the characteristics and the performance of these companies differ after going private differ from companies that are taken private without the backing of a private equity investor during these years. I am hopeful that this stud y will suggest that private equity backed deals differ from management backed deals without any backing of private equity investors in four ways. My hypothesis is that, firstly, Jensens free cash flow hypothesis seems not to quite apply to the private equity backed deals as these have cash shortage and thus pay high dividends. Secondly, they also differ on the basis of undervaluation. Thirdly, they also differ on the basis of visibility; while fourthly, the two types of deals differ in ownership structure. Private equity backed deals are likely to consist of higher ownership by financial institutions therefore their ownership is less concentrated. I used Multinomial Logistic regression to on a sample of European firms going private transactions completed in the period 2003-2007. This research endeavors to peep into the reasons behind firms going private based on their belonging to different groups. And it was suggested and has been found that these transactions differ strongly on the basis of their membership to certain type of deal. For instance the reasons behind companies going private backed by management are widely differ than those supported by private equity houses. Even if these two transaction groups have same reason the intensity of the factor still remains highly different. This research Endeavours to peep into the reasons behind firms going private based on their belonging to different groups. And it was suggested and has been found that these transactions differ strongly on the basis of their membership to certain type of deal. For instance the reasons behind companies going private backed by management are widely differ than those supported by private equity houses. Even if these two transaction groups have same reason the intensity of the factor still remains highly different. The data was collected on the continental Europe transactions happened in recent past. Although the sample was not widely represented being it drawn not fully on random basis from the corresponding groups. Yet the results drawn are quite generalizable and in line with recent researches being taken place in the recent history. The availability of data was one of the major issue yet it was made available to represent as maximum as the target population. The analysis of the data and results show that, chances of firm going private and being backed by management or private equity houses is purely based on the insider characteristics of the firm. I have drawn several conjectures and hypothesis ranging from visibility, cash flow hypothesis, undervaluation and pre buyout ownership structure for going private transactions backed by management. Whereas the reasons for deals backed by private equity houses sharply differ as a matter of fact these private equity houses have more easy access to funds and are more strategically sound as compared to management backed deals. These private equity backed deals therefore do not have the same facto rs behind their transactions as management backed deals. One of the main contributions of this study is to verify and prove the heterogeneity in the population of going private transactions in Europe and hence proved that the motives behind each going private transaction there are varying underlying motives which in turn differentiate them from the other existing population and helps them finding right group to belong. Therefore, the reasons of quitting the share market for both main underlying groups are different in its origin. Whereas the management backed deals are statistically significantly lowly visible, more undervalued, higher cash levels, higher level of debt, less analysts following, higher ownership concentration and high tax paying. The private equity deals are in total contrast to them in most cases being higher financial institution ownership, higher executive stakes with cash shortage and higher dividend payout ratio. Moreover Jensen cash rich hypothesis is more diligently followed by management backed deals being illiquid and significantly undervalued. Therefore the agency costs for remaining publicly listed grow higher hence pushing them towards going private transactions mostly backed by management themselves. Whereas on contrast to it in the case of private equity backed deals the agency costs are not yet high rather its more beneficial to remain listed as they are relatively lesser undervalued, with more liquidity and visibility but yet they are facing cash shortage. The future research may be aimed and focus on post transactions increases in firm value which may determine the efficacy and effectiveness of these transactions and this phenomenon. There is also a need to further test my results in different sample of firms which may be help in further genelaralizability of these kinds of conclusions. Essay II In previous paper, the reasons have been established for this increased number of transactions. However there is a need to know that weather these transactions have help increasing value for shareholders or not. In classic scenario of literature, public limited company was always preferred due to lot of reasons. These reasons included separation of management and control, listing at capital markets like stock exchanges, more effective managerial control through specialization, wealth and risk diversification etc. While, the second paper investigates the ex post performances of the firms that, have undergone the public to private (PTP) transaction during the period of 1997-2004. Their ex post performance is calculated through the accounting indicators of the firms operating performance. In order to benchmark their performance, we used the propensity score methodology. It was particularly supportive in finding a appropriate non buyout matching pair of firms. After this, we perform ed Multivariate regression (using Heckman technique) and logit regression. Our sets of results were established by the point estimation using Heckman two stage penal techniques. In this study it has been found that the ex post value of the firms has increased evidently via increased growth in sales and higher EBITDA margin as compared to their matched controlling firms. The evidence proved the same for the initial two years post transaction. It was interesting to found out this outcome is generalizable and not limited to any particular set of firms as well as any particular industry, country or sector. Furthermore, it has been noticed that this increased performance can be accredited to the better EBITDA earning margins, increased gross margins, and relatively lower labor charges. The targets of improved growth and better performance have been achieved through superior and improved utilization of working capital. This study hopes to help establishing the fact that public to private transactions do help increasing the ex post firm value. Third Essay: In the pastÃâà thereÃâà have been a number of studies on theÃâà impact ofÃâà public-to-private (PTP) transactions, but they remained mostly related to the financial grounds. Their focus has beenÃâà primarilyÃâà on theirÃâà financialÃâà performanceÃâà and the new corporate frameworks (see Cumming, D., Siegel, D., Wright M. (2007). While the questions related to the technological change, innovation, modern management practices after theÃâà buyoutsÃâà are still needed to be answered. These questions have not yet received much attention of researchers. Moreover, we still face the lack ofÃâà informationÃâà on thisÃâà stimulusÃâà or technological or the expected organizational change in theÃâà postÃâà transactionÃâà period Though the boom of these PTP transactions is nowÃâà largelyÃâà over, but the debate continues. The debate encompasses from the reasons behind these transactions along the competitiveness and results of these transactions.Ãâà Some ofÃâà ResearchersÃâà have argued the higherÃâà debtÃâà associated with aÃâà buyoutÃâà does forces the firms to cut down the much-needed capital and RD investments for the sake of debt servicing.Ãâà This mayÃâà impairÃâà theirÃâà productivityÃâà and competitiveness in the long run (see Reich, 1989). While some other researchers have taken theÃâà reasonsÃâà basing on the agencyÃâà beliefÃâà that going private help those to increase theirÃâà efficiencyÃâà (see Jensen, 1986, 1988).Ãâà ThereÃâà areÃâà a number of ex-anteÃâà eventÃâà studies on these buyouts, which onlyÃâà presentÃâà suggestionsÃâà to the expected outcomes.Ãâà In these studiesÃâà theÃâà traditionalÃâà procedureÃâà has been the stock markets reaction to buyout announcements (see DeAngelo, DeAngelo, Rice, 1984; Madden, Marples Chung, 1990). While some other studies did analyze the ex-postÃâà workingÃâà like Palepu 1990, Kaplan, 1989; Kaplan Stein, 1993; Lichtenberg Siegel, 1990; Liebeskind, Wiersema, Hansen, 1992; Long Ravenscraft, 1993a, 1993b; Seth Easterwood, 1993; Singh, 1990, but their results are not alike.Ãâà Whilst, some recent researches have established that these firms do realize efficiencies with the productivity gains.Ãâà (See Lichtenberg and Siegel (1990) Wright, Thompson and Robbie (1992), Zahra (1995), Bruining and Wright (2002), Amess (2002), Amess (2003), Bruining, Bose lie, Wright, and Bacon (2005), Amess, Brown, and Thompson (2007), Harris, Siegel, and Wright (2005), Amess and Wright (2007)).Ãâà Nevertheless,Ãâà stillÃâà the research work done by Long and Ravenscraft suggests that theseÃâà buyouts may result in a long-term decline in RD spending and profitability. We willÃâà discuss here the enhanced Managemen t strategy and mechanisms;Ãâà which formÃâà the basis for innovation andÃâà competitiveÃâà learningÃâà of firms in the ex-postÃâà period that may lead to theÃâà improvingÃâà economicÃâà performance and theÃâà abilityÃâà of a firm. Although theÃâà agencyÃâà theorists have discussed the incentive alignment effects of the increase in debt and theÃâà managementÃâà stockholdingsÃâà associated with the buyouts (seeGarvey, 1992; Jensen, 1986). They had aÃâà predilectionÃâà andÃâà inclinationÃâà to gloss over the nature of these changes and improvements in organizational strategy and structure, which areÃâà criticalÃâà in bringing an improvement in the firms ex-post performance. Traditionally, these buyoutsÃâà have been consideredÃâà as a tool to streamline organizational processes and decrease in each unit cost (see Meuleman etÃâà al., 2008).Ãâà In 1989,à âà Jensen had pointed out that buyouts can beÃâà the sourceÃâà ofÃâà productionÃâà of economic efficiencies by theirÃâà superiorÃâà governanceÃâà framework.Ãâà This,Ãâà in turn helps to better align managers incentives to the shareholders in two ways.Ãâà Firstly, the higher level of debt in PTP firmsÃâà convergeÃâà the focal point of the firm on the periodical fixedÃâà numberÃâà of payments to theirÃâà accountÃâà holders. Hence it reduces theÃâà potentialÃâà suboptimalÃâà useÃâà of free cash flows by managers. Second, PE funds or investors are normally expected toÃâà furtherÃâà strictlyÃâà observeÃâà a firms investment strategy. This improvedÃâà oversightÃâà andÃâà controlÃâà has been historically viewed as an effective tool for a wide range ofÃâà agencyÃâà problems. These problems can be managerial entrenchment, operational lev el inefficiency, and, opportunistic behaviour. Nevertheless in the newÃâà scenarioÃâà managersÃâà are obligedÃâà to periodically reportÃâà toÃâà investorsÃâà and managements which is not performing up toÃâà markÃâà can be sacked (see Weir, C., Laing, D., Wright, M., 2005). This may result in better performance by PTPs backed by Private equity. The critics have been questioning the extent and nature of the strategies and effects on firms performances in the long run. Though some studies, have found firms restructuringÃâà being associatedÃâà with the decreases spending on RD and innovation (see Hitt etÃâà al., 1991, Hitt etÃâà al., 1996, Long and Ravenscraft, 1993 and Hoskisson etÃâà al., 1994). Even, these concerns can be given certain explanations like by Hall (1990). Firstly, it can be seenÃâà clearlyÃâà that these transactions led to the greater degree of controls with higherÃâà leverageÃâà and financial monitoring which, mayÃâà stifleÃâà the risk taking andÃâà flexibilityÃâà and limit the discretionary powers ofÃâà management. Secondly, the investors rent-seeking behaviour and the shorter time horizonÃâà driveÃâà the target companies toÃâà growÃâà swiftly. It enables themÃâà to quicklyÃâà returnÃâà theÃâà investmentÃâà as soon as the value ofÃâà enterpriseÃâà increases. Thirdly, the managementsÃâà energyÃâà is consumedÃâà in the restructuring processes. Thus in these cases firms may be more encouraged toÃâà abandonÃâà expenses onÃâà innovationÃâà or moreÃâà advancedÃâà organizational and knowledge management techniques.Ãâ Accordingly, there exists a need to probeÃâà andÃâà investigateÃâà theÃâà caseÃâà that whether in ex post transactionÃâà yearsÃâà these firms doÃâà applyÃâà modern managem ent techniques and concepts which in turnÃâà induceÃâà the increased spending on innovation and RD.Ãâà The studies conductedÃâà previouslyÃâà have been analyzing the innovation and productivity which may beÃâà an aftermathÃâà of application of modern management techniques.Ãâà Therefore,Ãâà there exists a research gap in the literature.Ãâ AndÃâà when today, the PTP market is much moreÃâà substantialÃâà andÃâà sophisticatedÃâà than it was ever, as buyouts have become aÃâà relativelyÃâà admired corporate restructuring tool worldwide,Ãâà it isÃâà high time toÃâà exploreÃâà these questions. Likewise in Europe alone in 2007 there was theÃâà investmentÃâà of approximately 74 Billion Euros just by Private equity (PE) sector with almost 80 percent going for buyouts (EVCA). Moreover, we are observing theÃâà setÃâà of more buyouts even in more stable andÃâà matu reÃâà sectors and technology firms with more stringer annuities (see Stromberg 2008). Furthermore,Ãâà thisÃâà PE investing in these transactions have become more and more specialized due to increased inter firmsÃâà competitionÃâà these days. Finally, the previous studies have largely focused onÃâà publicÃâà to private transactions only on US andÃâà occasionallyÃâà in other continents (see Meuleman etÃâà al., 2008 and Lerner etÃâà al., 2008). In this way, we will use theÃâà particularÃâà instrumentÃâà orÃâà measurementÃâà scale which willÃâà assessÃâà theÃâà applicationÃâà of modern management techniques on seven dimensions along with level of innovation. I will also see their link with financial performance Ãâà The concept of Learning Organization (LO) is one of the mostÃâà modernÃâà management ofÃâà organizationÃâà concepts. It measures theÃâà o rganizationÃâà level of innovation and knowledge management.Ãâà AndÃâà also itsÃâà correspondingÃâà impact on productivity and performance on bothÃâà individualÃâà andÃâà functionalÃâà levels. The concept ofÃâà learningÃâà has evolved from the concept of organizational learning, but it differs in that it includes not only theÃâà learningÃâà of the organization, but learning within the organization (Ulrich et al. 1993). Learning organizations createÃâà consciousÃâà processes that accelerate theÃâà developmentÃâà and utilization of knowledge across the system (Watkins and Marsick, 1997). Watkins and Marsick (1993, 1996)Ãâà identifyÃâà the learning organization as one that capture, shares and uses knowledge to change the way theÃâà organizationÃâà responds to challenges.Ãâ Therefore,Ãâà LO concept willÃâà allowÃâà usÃâà betterÃâà andÃâà moreÃâà enhanced view of the organizationalÃâà growthÃâà and itsÃâà learningÃâà capabilities than some contemporary studies on mere productivity and InnovationÃâà level.Ãâà It isÃâà planned toÃâà observeÃâà the relationship between these seven dimensions collectively as well as directly to innovation performance alongside financial performance.Ãâà The moderation of firm size and Nature ofÃâà backingÃâà of PTPÃâà agreementÃâà will be investigated. In the third study we willÃâà developÃâà assessmentÃâà orÃâà appraisalÃâà of the question that whether the innovation activityÃâà is boomedÃâà in going private concerns andÃâà applicationÃâà of modern management techniques and theirÃâà relationshipÃâà with theÃâà innovationÃâà and financial performance willÃâà provideÃâà aÃâà significantÃâà indicator, albeit indirect one of the returns on t he corporate investments in Buyouts.Ãâà Since this research is aÃâà premierÃâà study in this direction,Ãâà and theÃâà instrumentÃâà to be used measures the relative increase inÃâà levelÃâà of Management techniquesÃâà implementationÃâà in the corresponding year than thoseÃâà preceding Public to private transaction.Ãâà Therefore, it will in turnÃâà examineÃâà the reasons behind the suggested improved innovation activity in the ex postÃâà periodÃâà by PTP firms. This relative absence of such research does notÃâà encourageÃâà leaders, managers, and employees toÃâà embraceÃâà learningÃâà organization practices. Accordingly, there exists a compelling need to more firmly establish the linkage between the learningÃâà organizationÃâà conceptÃâà and firm performance The third study will focus on the increased performance in the post transactionÃâà time periodÃâà withÃâà the associationÃâà ofÃâà applicationÃâà of the modern management techniques and concepts like Learning organization and assessment of corresponding level of innovation and its possible causes. This study will beÃâà pivotalÃâà in aÃâà senseÃâà that it will try to bridge the gapÃâà in the literature regarding indirect indicators of the exÃâà postÃâà performanceÃâà and corporate returns toÃâà investors.Ãâà It will be aÃâà premierÃâà andÃâà uniqueÃâà researchÃâà forÃâà applicationÃâà of modern management techniques and concepts in theÃâà populationÃâà of going private concerns. The main focus will be on ex-postÃâà periodÃâà improvement in going private concerns This study will focus on the EuropeanÃâà sampleÃâà of buyouts held in 1997 until 2008.Ãâà We willÃâà focusÃâà and analyze theirÃâà improvementÃâà andÃâà extentÃâà ofÃâà applicationÃâà of modern management techniques which may beÃâà instrumentalÃâà in spurring the improved performance along with increased innovation activity.Ãâ The adapted tool will asses and determine the corresponding level of application of innovation and efficient management control and structure in the form of Learning. Ãâà The scope of thisÃâà articleÃâà remains restricted toÃâà analyzingÃâà theÃâà applicationÃâà andÃâà evaluationÃâà of Modern Management techniques in European Buyouts population and their corresponding relationship with perceived improved financial performance. I will also try toÃâà discernÃâà the difference in thisÃâà applicationÃâà of modern management techniques within the different groups of PTPs i,eÃâà weather PE backed deals are more likely toÃâà implementÃâà and follow the modern management concepts than those backed byà âà managementÃâà or otherwise. Then, weÃâà will also try toÃâà establishÃâà the relationship betweenÃâà these improved levels of modern management techniquesÃâà applicationÃâà and the financial performance. It is an empiricalÃâà researchÃâà which used quantitative data thatÃâà was collectedÃâà from 244 respondents of 203 organizations of European PTP. To measure innovation,Ãâà an eight-itemÃâà scaleÃâà was usedÃâà thatÃâà wereÃâà drawnÃâà from an assessment tool entitled Assessing StrategicÃâà Leverage for the Learning Organization (ASLLO) (Gephart etÃâà al,Ãâà 1997). Structural equation modeling (SEM)Ãâà was usedÃâà toÃâà assessÃâà theÃâà researchÃâà model. SPSS and AMOS were usedÃâà for the data analysis. The theoretical frameworkÃâà for this studyÃâà was designedÃâà to minimize contaminationÃâà in data collec tion and toÃâà enhanceÃâà reliability andÃâà validity in the analysis and theÃâà interpretationÃâà ofÃâà data.Ãâ The scalesÃâà ofÃâà learningÃâà organizationÃâà and organizationalÃâà innovationÃâà were pretestedÃâà to ensure their reliability and validity.Ãâà Cross cultural adaptability of instrumentsÃâà was takenÃâà in to account. The study used short form of dimensions of learning organization questionnaire (DLOQ) toÃâà assessÃâà theÃâà extentÃâà ofÃâà the learning organizationÃâà in the organizations. DLOQ developed by Yang, Watkins Marsick, (2004) has seven dimensions.Ãâà (See Watkins and Marsick (1995, 1996, 1997, 1998, 1999, 2003, 2004),Yang etÃâà al., 1998). It is an already tested and standardisedÃâà measureÃâà of Modern Management Techniques and concepts. This instrument measures at seven dimensions.Ãâà It also measures it on three corresponding levels i,e Individual Level Team Learning System or Organizational Level Learning Then with the help of SPSS and Amos theÃâà applicationÃâà of modern management techniquesÃâà was analyzedÃâà along with testing it with different groups of PTP i,e Management Backed Deals Private Equity (PE) Backed Deals Then with theÃâà helpÃâà of structural equation modelling and path analysis, we will analyze their relationship with improvement in performance also in ex postÃâà period. LO research is relatively new in the European PTPs industry. This research has significantly added to the existing body of knowledge in the domain of LO by effectively linking with innovation. This provides a strong case for employing LO in order to make innovation a regular phenomenon within the organizations of European PTP and encouraging organizations to transform them into learning organizations. The findings of the study may have some i nteresting implications for managers and organizations. Firstly, this research provides validity and reliability to the use of innovation and LO scales. Leaders can use these scales for their organization to measure perceived level of LO and innovation. For the leaders who want to make their organization learning organization, it is important to measure the extent of LO during organizational development phase. It is important to design, modify and implement the change strategy. Secondly, this study shows a strong link between learning organization and innovation. The leaders and managers who have thirst for continuous innovation, the study provides a convincing solution to them. This provides a strong case for employing LO in order to make innovation a regular phenomenon within the organizations of European PTP and encouraging organizations to transform them into learning organizations. Lastly, it is important to note that there is strong positive relationship between Learn ing organization and innovation but there is no relationship between the dimension of LO and innovation. These findings serve as caution to the managers who want to make their organizations a learning organization for the innovation. This study forcefully recommends the managers to employ all the dimensions together in harmony and effectively integrate them to make a learning organization. If they fail to do so, the may not be able to get the required results. As a result of conducting this research, the following recommendations can be made: European PTPs organizations should adopt LO practices in order to become innovative and to gain competitive advantage. The proof of concept presented in this thesis should be able to provide a sufficient rationale for European PTPs organizations to start adopting LO practices. The current study proves the validity and reliability of modified 6 dimensional version of DLOQ. European PTPs organization, therefore, should use this instrumen t to measure the extent of LO within the organization. Then these organization have develop suitable strategy to employ the LO practices. The organizations who desire to deploy LO practices should implement the concept of LO as whole and all dimensions should employ simultaneously. Otherwise, they may not be able to get the required results. It is an empirical study which used quantitative data that was collected from 244 respondents of 203 organizations of European PTP. The study was successfully modified the construct of learning organization given by Watkins and Marsick (2004) in European PTPs context. The modified construct has good reliability and validity in European PTP context. The study was also able to establish the construct validity of innovation performance in European PTP context. The study proved that there is strong relationship between the extent of learning organization practices and the innovation performance of that organization. It is also found that the s ize of the organization, type of the organization whether it was public or private and type of business activity in which the organization is involved has moderating effect on the relationship of LO and innovation. The most interesting and valuable findings of the study was that there is no direct effect of the dimensions of learning organization on innovation performance. They affect the innovation performance of the organization when they convergent at one point to make learning organization. Such association between the existence of behavioural practices and strategies related with the learning organization concept and firms financial performance has not been passably recognized in the literature. . This research also suggests a positive association between learning organization practices and objective measures of firms financial performance. The findings offer tentative support for some of the more normative assertions that are found in the learning organization literature. T his research study lends credence to the existence of a business case for embracing learning organization practices and, as such, represents a foundation for future studies. The incorporation of objective measures of firms financial performance with perceptual survey data represents a unique methodology that has not been much employed to date in the learning organization literature. This research suggests the existence of a positive alliance between the seven action imperatives, articulated in the Watkins and Marsick (1993, 1996a, 1996b, 1997) conceptualization of the learning organization, and firms financial performance. Future research should further investigate our exploratory findings by integrating a wider variety of financial and nonfinancial indicators in different contexts with larger, more inclusive sampling strategies. For example, longitudinal studies that examine the lagged effects of behaviours characteristic of the learning organization may further contribute to our understanding of how the firm performance may be enhanced under new circumstances in post deal horizon.. Moreover ex post performance of firms may also be analyzed on varying levels of innovation and sustainable development scales measuring their adaptability and acceptance of modern management techniques and concepts which may in turn helpful in establishing the fruitfulness of these buyouts as a more viable corporate strategy along with being in line with modern management theories. Constructing a valid instrument is an ongoing process. Although evidence of convergent validity of the DLOQ has been shown, yet it failed to show the discriminant validity. The discriminant validity of 6 dimension model needs to be fully explored in the future. Further studies are needed for the scale with larger sample sizes and different types of organization. The study found very strong effect of learning organization on the innovation performance. This needs to reconfirm and verify by th e further research in European PTPs context. Current study selected the organizations for the data collection on the basis of convenience. A study should be conducted in which selection of the organizations should be judgmental. The known Learning organizations may be selected and then their innovation performance may be studied to verify the findings of the research. Future research can also investigate additional factors that may mediate or moderate the relationship between learning organization and innovation performance. The current study found that the strength of relationship is stronger in PE Backed PTPs compared Management Backed PTPs. This is deviation from the literature; therefore, it is needed to conduct another research to confirm the findings of the current study. The current study fails to show the direct effect of dimensions of LO over innovation. Future studies are needed in this regard.
Wednesday, May 6, 2020
Activision Blizzard Financial Analysis Essay - 1361 Words
Activision Blizzard Financial Analysis July 24, 2017 Trey Russell BUS 401: Leon Daniel Headquartered in Santa Monica, California, Activision Blizzard, Inc., is the world s most successful standalone interactive entertainment company. Their portfolio includes some of the biggest franchises in all of entertainment. Their entertainment network has nearly 500 million monthly active users in 196 countries, and weââ¬â¢re continuing to expand our capabilities across new platforms, genres, audiences and geographies. Their company consists of many teams: â⬠¢ Activision develops, distributes, and publishes deeply immersive interactive entertainment for gaming consoles, mobile and tablet platforms, and PCs, including blockbuster franchisesâ⬠¦show more contentâ⬠¦Its revenue compared to its competitors proves that as well. World of Warcraft has been the highest paid subscription based RPG in the world for many years, allowing Blizzard to see profits without having to distribute physical products. According to Financial Times Article, ââ¬Å"the consensus forecast amongst 25 polled investment analysts covering Activision Blizzard, Inc. advises that the company will outperform the market. This has been the consensus forecast since the sentiment of investment analysts deteriorated on May 21, 2015. The previous consensus forecast advised investors to purchase equity in Activision Blizzard, Inc..â⬠(FinancialTimes, 2017) ACTIVISION BLIZZARD, INC. AND SUBSIDIARIESShow MoreRelatedClassical Management Perspective7829 Words à |à 32 Pagescontingency perspective .The management science approach with less quantitative approaches and leadership reflect the same conditions as those that influence its current approach to management. While the question that chapter 8 that we done about SWOT analysis , Porterââ¬â¢s generic strategies theory , the Miles and Snow typology theory and how the theory is apply to a case or real situation. Last but not least is the question on Chapter 20 that have discuss about referent power and expert power played in
Tuesday, May 5, 2020
Business and Method Research Proposal Social Research
Question: Discuss about the Business Research Method Research Proposal forSocial Research? Answer: Introduction Individual accept the clear knowledge of the truth that provides the level of evidence that not only withstands but also accepts challenge even. On the other hand, widespread knowledge has been provided by non-empirical approaches that that has accepted the realm of philosophical for knowledge creation. The fundamental principles of former knowledge are the notional foundations to qualitative and quantitative research methods (Williams 2011). Each research method follows a combination of several factors example the task of research that is to explore the nature and field settings or the theoretical model. Every research method follows a reflection on the reliability and validity of the research methodology. However, in this report, the research approaches will be analyzed in quantitative, qualitative and mixed methods (Brymen and Bell 2015). The significance of the research is to be applied in any setting whether business or economy as a whole. The research even solves various problems about planning and marketing. However, the research will provide with the basic knowledge and skills that are required to meet the challenges faced in the fast-paced environment of decision-making. Nonetheless, the stimulated interest in decision-making needs to interest the scientific approach that can be performed to solve complex decision-making, meets the availability of research techniques and results in employment of discipline in the research process (Saunders 2011). Literature Review of Research Methodologies In social science research, the basic choices are to be made between the qualitative and quantitative research methods or mixed methods involving the two. However, on a general note, the qualitative research methods consists of experimental intervention or survey interviewing whereas in the case of quantitative research methods involve the real difference in which the method is used (Babbie 2015). Comparison of Qualitative and Quantitative Research Quantitative and Qualitative Research can be explained individually, but the best way to study them is to perform side by side investigation. The two forms can be differentiated based on the three fundamental differences. The Qualitative research model is classically based on Subjective, Contextual and Inductive distinctions whereas the Quantitative research model is typically based on Objectivity, General and Deductive distinctions (Venkatesh, Brown and Bala 2013). Table 1 gives a brief description of the three distinctions on each research method. Table 1 Contrasting the Qualitative and Quantitative Research Source: (Creswell 2013) Deduction and Induction - Quantitative approach is based on the deductive method that is highly structured and data is collected to ensure the validity of the data. The casual relationships are established between variables to ensure the clarity of definitions. The structure of the study is followed from theory to data that leads to results that support the theory. However, the research is independent of the research process. On the other hand, quantitative approach follows the inductive approach that involves more flexibility in a subjective manner and the findings are not generalized. At last, the researcher's attachment is to be perceived as a part of the research process (Dudovskiy 2016). As compared to relate between, the inductive and deductive logic, the deductive study follows a hypothesis based literature review whereas inductive logic follows an ethnography based literature review. The study of both can be explained in Table 2 below. Table 2 Inductive and Deductive Logic Source: (van Wyk 2012) Objectivity and Subjectivity - The procedural dimension distinguishes theses two dimensions on the two approaches. Qualitative Approach is subjective in nature because it involves interpretation and meaning that the researcher uses as the measure of recording observations. However, the Quantitative approach is opposite of qualitative as it involves objectivity that measures standardized protocols in which the researcher cannot add the interpretation to it, only the simple and straightforward observations are recorded. Nonetheless, the researcher has to be detached from the study whereas that is not the case with the qualitative approach (Matthews and Ross 2014). Generality and Contextual - The third set that differentiates the two is based on the general principle that is adopted by the quantitative approach. Generalized principle helps to get the values of variables interpreted in the same design of calculation between the dependent and independent sample. However, this is not the case with the qualitative approach as it involves the new structures and new insights that the researcher can develop. The effective model identifies the purposeful use of the model in a natural setting or a field setting. Thus, the conceptual dimension is broad as compared to generalized principle (Williams 2011). The structure of both the qualitative and quantitative approach can be explained by the summary of each approach in Table 3. Table 3 Summary of Qualitative and Quantitative Approaches Source: (Zaborek 2010) Strengths of the Qualitative and Quantitative Approaches The strengths of qualitative and quantitative approach form the mixed methods to yield the maximum result on the approaches. However, the study can be further elaborated on the inductive-contextual-subjective qualitative approach and deductive-generalized-objective quantitative approach. The mixed approach though it combines the two approaches but can be best suited to be called pragmatic approach to research (Ragin 2014). Pragmatic researchers, as a result, allow themselves the liberty to use any of the methods applied in quantitative and qualitative approaches, techniques and procedures typically associated with quantitative or qualitative research. However, all methods and techniques applied have limitations, but certainly different approaches can be complementary (Alzheimer-europe.org 2010). Table 4 describes the strengths of both the approaches that can formulate in a mixed approach. Table 4 Strengths of Qualitative Quantitative Approach Source: (Morgan 2013) However, mixed approaches are to provide a justification that goes asserting the value of each separate method. In addition, a mixed approach takes into consideration the strengths of both the qualitative and quantitative approaches to integrating the research design. Mixed methods not only offer less practice but also design the alternatives that are available to evaluate the criteria (Morgan 2013). The ability to design research study from data collection and data methods will result in testing theories. The one combined study within the principle of research investigates, predicts, explores, describes and understands the phenomenon as a whole (Brown 2014). Discussion, Analysis, and Evaluation Qualitative approach Although, this approach deals with richness and precision, but the detailed precision does not identify any data analysis. Qualitative analysis agrees to fine distinctions that can be drawn, as it is not essential to shoehorn the data into a fixed number of categorizations (Gale et al. 2013). However, the human language involves a lot of uncertainties that can be recognized in the study. For example, a color "red" can be used for a corpse, blood or a political categorization, which is not signified in the qualitative approach. The approach is even limited to a small population of the sample and cannot be generalized to large samples of the population because the finding is not statistically significant (Punch 2013). The problem associated with this approach that it is subjective nature brings inadequacy of validity and reliability, the anonymity and confidentiality effects the findings, the interpretation is too long, and the issue of bias for new insights adds to the shortcomings (Dapar 2012). Quantitative approach On the other hand, this approach does meet the requirement of large sample of the population by giving generalized results that can be made between two criteria's. However, as the approach emerges, it lacks in richness because it is merely an idealization of the data in some cases. In addition, it tries to omit the rare occurrences of any events. For example, a "red" color could not differentiate the variability of responses to the qualitative approach whereas in a quantitative approach; it can be seen that many phenomena and terms do not fit into a common and single group. However, the color is more reliable with the new view of "fuzzy sets" of the "red" example (Bernard and Bernard 2012). The disadvantages that can further explain the problems associated with this method are that this approach produces banal and trivial findings leads to the assumption of facts that re true, quantification becomes an end, rules out the control variables and not takes in account the people's unique ability (Davies 2012). Mixed approach - A recent trend highlights that that there has been a recent shift in social science towards multi-method approaches which tend to decline the narrow analytical paradigms, which use more than one method. Nevertheless, the mixed method should address the strengthening of the advancement of agenda that is developed as a result of the research. As per Boswell and Cannon (2012) notes, a stage of qualitative research is repeatedly a forerunner for quantitative analysis, while before linguistic phenomena could be counted or classified. However, identification is important for the categories for classification. Blending of Qualitative and Quantitative Findings Assimilation and configuration can be viewed as confirming each other and converging the nature of the aggregative approaches of qualitative and quantitative findings. The repetitiveness of approaches is pooled together to signify more or less the same evidence for its findings. Regardless of the understanding and the meaning of outcome, the researcher should review that the approach should meet its original research purpose (Coughlan, Cronin and Ryan 2013). However, the combining of the two approaches should not subordinate the different approaches founded by various methods. The product of different traditions that are adopted to obtain the full picture whether subjective or objective should not be considered as competing theories. If methodological integration is going to process in the recent times, then the intervention or non-intervention of study should be more refined. No single solution of any approach can define the complex method (McLeroy 2014). Therefore, all the health educators, researchers, and evaluators should be trained in both the paradigms such that the mutual acceptance of both that is qualitative and quantitative approach can advance. Likewise, different methods draw different epistemology of future research that should be located in the future study. References Babbie, E., 2015.The practice of social research. Nelson Education. Bernard, H.R. and Bernard, H.R., 2012.Social research methods: Qualitative and quantitative approaches. Sage. Boswell, C. and Cannon, S., 2012.Introduction to nursing research. Jones Bartlett Publishers. Brown, J., 2014.Mixed methods research for TESOL. Edinburgh University Press. Bryman, A. and Bell, E., 2015.Business research methods. Oxford University Press, USA. Coughlan, M., Cronin, P. and Ryan, F., 2013.Doing a Literature Review in Nursing, Health and Social Care: SAGE Publications. Sage. Alzheimer-europe.org.2010).Alzheimer Europe - Research - Understanding dementia research - Types of research - The four main approaches. Available from: https://www.alzheimer-europe.org/Research/Understanding-dementia-research/Types-of-research/The-four-main-approaches [Accessed 11 Mar. 2016]. Creswell, J.W., 2013.Research design: Qualitative, quantitative, and mixed methods approaches. Sage publications. Dapar, M.P., 2012. An investigation of the structures and processes of pharmacist prescribing in Great Britain: a mixed methods approach. Davies, M., 2012.Oppositions and ideology in news discourse. AC Black. Dudovskiy, J. 2016.Research Approach - Research-Methodology. Research Methodology. Available from: https://research-methodology.net/research-methodology/research-approach/ [Accessed 11 Mar. 2016]. Gale, N.K., Heath, G., Cameron, E., Rashid, S. and Redwood, S., 2013. Using the framework method for the analysis of qualitative data in multi-disciplinary health research.BMC medical research methodology,13(1), p.117. Matthews, B. and Ross, L., 2014.Research methods. Pearson Higher Ed. McLeroy, K. 2014.Towards Integrating Qualitative and Quantitative Methods. Academia.edu. Available from: https://www.academia.edu/174290/Towards_Integrating_Qualitative_and_Quantitative_Methods [Accessed 11 Mar. 2016]. Morgan, D.L., 2013.Integrating qualitative and quantitative methods: A pragmatic approach. Sage publications. Punch, K.F., 2013.Introduction to social research: Quantitative and qualitative approaches. Sage. Ragin, C.C., 2014.The comparative method: Moving beyond qualitative and quantitative strategies. Univ of California Press. Saunders, M.N., 2011.Research methods for business students, 5/e. Pearson Education India. van Wyk, B., 2012. Research design and methods Part I. Venkatesh, V., Brown, S.A. and Bala, H., 2013. Bridging the Qualitative-Quantitative Divide: Guidelines for Conducting Mixed Methods Research in Information Systems.MIS quarterly,37(1), pp.21-54. Williams, C. 2011. Research Methods.Journal of Business Economics Research (JBER), 5(3). Zaborek, P. 2010.Qualitative and Quantitative Research Methods in Management Science. Academia.edu. Available from: https://www.academia.edu/11514133/Qualitative_and_Quantitative_Research_Methods_in_Management_Science [Accessed 11 Mar. 2016].
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