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Mergers and Acquisitions as Agents of Change in Companies

An acquisition, known as the buying of one company, which is the ‘target’ by another and it may be Friendly or hostile. In the case of friendly, the companies cooperate in negotiations; in the hostile case, the takeover target is unwilling to be bought or the target's board has no prior knowledge of the offer. It is also called a takeover or a buyout or "merger". WorldCom & Sprint as well as British Airways & KLM Royal Dutch Airlines are some of the examples of mergers or negotiations that have been in the news. In order to accomplish a merger with as much positive impact and as little damage as possible, we need to get legal help, communicate and synergize. Opportunity for process improvement is given after it such as Collaboration/ Synergy and Economics of scale. Lastly, conclusion is drawn. Change is frightening to people, and to companies. Mergers and acquisitions are agents of change, and are looked upon with a certain amount of fear and dread. ... Read Full Article

Security issues in E-Commerce

As the number of customers purchasing the product through ecommerce are increasing rapidly. So all the information over the network must be secured so that private data on the network cannot access by hackers at any cost. As it is well known fact that the information on the network should only be accessed by authorized users so that customers can do blind faith on the sites related to ecommerce. In this paper, some common attacks, which are being related to ecommerce along with some security issues, is being discussed. ... Read Full Article

Enhancing Effectiveness of Penetrating Keratoplasty Using Decision Support System

Researchers so far has expanded the knowledge of MIS to include practice and operations management, developing more effective shared decision making and transparent medical records, and promoting the close personal connection that both doctors and patients want. In Ophthalmology Decisions based on clinical examination are critical in practice. The ophthalmologist will rely on the clinical examination, of the patient, to answer three basic questions: what is wrong (diagnosis), what can we expect in the future (prognosis), and what can we do about it (effect of treatment)? Complete information is required for clinical decisions related to patient care decisions which are made every day. Patients vary clinically, uncertainty exists in diagnostic and prognostic information and many preventive and treatment alternatives have not been formally assessed for their effectiveness. Since deterministic information will never answer all clinically questions, clinically decisions are partially based on probabilistic information. In case of penetrating Keratoplasty an ophthalmologist surgical process the decision making process involved in determining how an individual eye should be surgically customized, can therefore be complicated. These are the situations where decision support systems become most beneficial, to ensure consistent successful results, particularly if technical measurements are performed by individuals with varying degree of experience. In present work, a conceptual design of decision support system using neural network or genetic algorithms has been proposed, which can be used for forecasting of patients who have undergone penetrating keratoplasty, after validating design with past data. Methodology of proposed conceptual design includes firstly design of Decision support system using neural networks or genetic algorithm, after development of system design past data collection and using it for validation. The expected outcome are some very useful information for patients, are in term of diagnosis, prognosis and measuring effectiveness of treatment. ... Read Full Article

Understanding and Managing diversity in Today’s Global workforce

As we enter the 21st century, workforce diversity has become an essential business worry. As the economy becomes increasingly global, our workforce becomes increasingly diverse. Organizational success and competitiveness will depend on the ability to manage diversity in the workplace effectively. Workforce diversity is a challenge for Organization and at the same time no organizations can run away from it. Now the question arises what is Workforce diversity? Diversity includes the entire spectrum of primary dimensions of an individual, including Race, Ethnicity, Gender, Age, Religion, Disability, and Sexual orientation (referred to by the Diversity Task Force as “REGARDS”). Secondary dimensions commonly include: communication style, work style, organizational role/level, economic status, and geographic origin (e.g., East, Midwest, South). While diversity in the workplace brings about many benefits to an organization, it can also lead to many challenges. Managing diversity is more than simply acknowledging differences in people. Diverse workforce is difficult to manage, communicate and motivate. At the same time diversity is beneficial to both the organization and the members. It helps in taking better decision, improved problem solving, greater creativity and innovation, which leads to enhanced product development, and more successful marketing to different types of customers. It provides organizations with the ability to compete in global markets. As it is mentioned earlier no organization can run away from it, therefore every organizations is required to manage workforce diversity in order to survive and compete in such a dynamic environment. The most important tool to manage such diversity is designing and providing diversity training to the employees’ from time to time according to their requirement. This paper will deal with factors that motivate organizations to go for diversity, benefits and challenges of diversity, strategies for managing diversity and diversity training. ... Read Full Article

Management Education: A Key to Success

One of the most popular degrees in the world throughout is MBA. India now trains largest number of MBAs with more than 75,000 degrees annually. The Indian government has liberalized the business education market over the 1990s, resulting in a rapid growth of business schools offering programs at both undergraduate as well as graduate levels. Business education has its origins in the late 19th century in the United States. Currently, 250,000 plus undergraduate degrees, and 100,000 plus graduate degrees in business are awarded in the US every year by more than 1,200 accredited colleges and universities. ... Read Full Article

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