Mine Disasters Essay Example

Mine Disasters Essay Mining disaster in the past have been referred to mining accidents claiming five or more lives. Mine disasters once were really common. In the single year of 1907 there were 18 coal mine disasters.. Among the disasters in 1907 was historys worst the Monongah coal mine explosion, which claimed 362 lives and impelled Congress to create the Bureau of Mines. I will discuss this disaster more later in this paper. Mine accidents have declined dramatically in number and severity through years of research, technology, and preventive programs. Today mine accidents resulting in five or more deaths are no longer common. However preventing recurrence of disasters like those of the past remains a top priority requiring constant attention by management, labor, and government. Thus, it happened in 1907 when the Fairmont Coal Companys mine at Monongah, West Virginia exploded killing 362 men and boys. Congress reacted to the disaster at Monongah by passing and toughening mining laws. Through disasters such as this one and many others it has forced laws and regulations, technology,and training which has brought us into mining as we know it. In 1910, following a decade in which the number of coal mine fatalities exceeded 2,000 annually, Congress established the Bureau of Mines as a new agency in the Department of the Interior. The Bureau was charged with the responsibility to conduct research and to reduce accidents in the coal mining industry. In 1968 less than five miles from Monongah another explosion had happened and the fire which resulted after killed 78 men at the Consol No 9 mines at Farmington, West Virginia. The Farmington explosion resulted in the Federal Coal Mine Health and Safety Act of 1969 a far reaching document that promised a new day for the men in an industry that had claimed more than 100,000 lives since 1900. We will write a custom essay sample on Mine Disasters specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Mine Disasters specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Mine Disasters specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Even before the Farmington mine had exploded in 1968, there were a push going on for a better mine safety law. The Johnson Administration introduced a measure in the fall of 1968 that would dramatically strengthen the governments enforcement tools. It went to Congress too late and didnt hold up. Then came the explosion at Farmington and there were new converts to the cause of mine safety. That is when the Nixon Administration expanded upon the Johnson Administration proposals of 1968 and addressed the potential for mine explosions in proposed legislation. President Nixon went on to sign the Federal Coal Mine Health and Safety Act of 1969 on December 30, 1969. Enforcement powers in coal mines increased greatly, at that time the Act required four annual inspections for each underground coal mine and two inspections for each surface mine. The Act for the first time established mandatory fines for all violations and criminal penalties for knowing and willful violations which was a big step in the right direction in my opinion. The act eliminated non gassy mines from special legal exemptions. All mines were considered gassy and additional inspections were required. The powers of the inspectors were expanded and the nspectors were given the power to close a mine for imminent danger. Miners were given the right to request a Federal inspection. Safety standards for all coal mines were strengthened under the 1969 Act and health standards were also adopted. The Act also provided benefits to miners disabled by black lung disease. The legacy of the Sunshine Mine disaster is reflect ed in greatly enhanced miner training programs and fire protection measures in metal and nonmetal mines across the country. In 1973 the (MESA) Mine Enforcement and Safety Administration was created out of the Bureau of Mines as the first Federal agency with the sole purpose of assuring miners of a safe, healthful working environment. Standards requiring mine emergency and self rescuer training, regular evacuation drills, and two mine rescue teams at underground metal and nonmetal operations were known by April of 1973. On March 9, 1977, the Agency was transferred from the Department of the Interior to the Department of Labor and was renamed the better known Mine Safety and Health Administration (MSHA). The legislation which was signed by President Jimmy Carter, repealed the Federal Metal and Nonmetal Mine Safety Act and amended the Federal Coal Mine Health and Safety Act of 1969 to combine protection of coal and metal and nonmetal miners under a single law, the Federal Mine Safety and Health Act of 1977 (the Act). Following passage of the Act, additional required miner training, increased MSHA enforcement activities, and upgraded fire prevention standards continued to teach the hard learned lessons from fires at mines such as Cargill Salt Mine, Belle Isle, Louisiana and the Sunshine Mine at Kellogg, Idaho. The new Act of 1977 required at least four complete inspections of all coal and non coal underground mines and two f all surface mines each year. Among other important changes the new law provided for procedures to speed up the regulation making process and stronger ways force compliance with Federal health and safety standards. This included increased capability of dealing with the most dangerous mine hazards, increased emphasis on protection of miners healt h, greater involvement of miners or their representatives in processes affecting worker health and safety, and improved procedures for assessing and collecting civil penalties imposed for violating mine health or safety requirements. Mine accidents have declined greatly in both number and severity as a result of years of research, technology, education, and preventive programs. During my career mine accidents resulting in five or more deaths are no longer common. One thing remains the same preventing the recurrence of disasters like those of the past remains a top priority requiring constant attention by management, labor, and government. The Sago Mine disaster was a coal mine explosion that had occurred on January 2, 2006, the Sago Mine was located in West Virginia. The explosion had trapped 13 men for nearly two ays with only one miner surviving. It was the worst mining disaster in the West Virginia since the 1968 Farmington Mine disaster that killed 78 people. The previous year the mine had been cited by the MSHA 208 times for violating regulations, and had a history of roof falls. Violations had included failure to follow the approved roof control and mine ventilation plans and problems concerning emergency e scape ways and required pre-shift safety examinations. The explosion occurred at approximately 6:30 a. m. at the beginning of the first shift after the mine reopened after New years holiday weekend. An examination conducted at 5:50 am by a mine fire boss had cleared the mine for use. Two man buses of miners were making their way into the mine to begin work. Early reports noted that there was a thunderstorm in the area at the time and suggested a lightening strike near the mine entrance may have ignited methane but no one reported seeing such a strike. Sensors from the U. S. National Lightning Detection Network indicated at least two lightning strikes near the mine. Another early theory was that lightning struck a methane well that had previously been drilled from the surface to an area behind the seals. Methane wells are used to extract methane from coal seams and sometimes from sealed areas when methane levels are high. Fourteen men on the second man bus escaped the initial explosion. The 12 trapped miners were on the first man bus which apparently passed the point where the explosion occurred. The foreman on the second trip whose brother was among those trapped the mine superintendent and three others entered the mine to rescue the trapped miners. They into the mine until gas detectors indicated there was too much carbon monoxide to continue. Although they were false reports of he 12 miners found alive there were only 1 Randal Mcloy jr. Randal McCloy Jr. wrote a letter to the families of the victims. McCloy wrote that three weeks before the explosion he and Junior Toler while drilling a bolt hole a gas pocket which detectors confirmed the presence of methane. He said they immediately shut down the roof bolter and the incident was reported up the line to our superiors. He stated he noticed the following day that the gas leak had been plugged with glue normally used to secure the bolts. On the day of the explosion just after exiting the man trip the mine filled quickly with umes and thick smoke and that breathing conditions were nearly unbearable and that at least four of the emergency oxygen packs were not functioning. He shared his rescuer with Jerry Groves, while Toler, Jesse Jones and Tom Anderson sought help from others. He said they were not enough rescuers to go around. Because of the bad air they had to abandon their escape attempt and return to the coal rib where we hung a curtain to try to protect ourselves. The curtain created an enclosed area of about 35 feet. They attempted to signal their location to the surface by beating on the mine bolts and plates. That effort caused them to breathe much harder and use more oxygen. After becoming exhausted they stopped trying to signal. The air behind the curtain grew worse so he tried to lie as low as possible and take shallow breaths he said he could tell that it was gassy. According to McCloy, Toler and Anderson tried to find a way out. The heavy smoke and fumes caused them to quickly return. There was just so much gas. At that point the miners began to accept their fate. Toler led them all in the Sinners prayer. They prayed a little longer then someone suggested that they each write letters to their loved ones. He said he became very dizzy and lightheaded and that some drifted off into what appeared to be a deep sleep and one person sitting near him collapsed and fell off his bucket not moving. It was clear that there was nothing he could do to help him. The last person he remember speaking to was Jackie Weaver who reassured him that if it were their time to go then God’s will would be fulfilled. As my trapped coworkers lost consciousness one by one the room grew still and he continued to sit and wait unable to do much else. He have no idea how much time went by before he also passed out from the gas and smoke, awaiting escue. There we many investigation which came up with possible theorys as followed:Lightning strike and seismic activity, Use of foam rather than concrete seals, Proximity with active gas and oil wells, Sparks from restarting machinery after holiday. After the disaster there were many provision that would, mandate equipment to communicate with miners, locate miners, a nd provide sufficient caches of air, Rescue teams must be staffed and on site, Operators must notify the MSHA immediately when there is an accident, Any coal operator who fails to do so will be ubject to a $100,000 fine and/or 12 to 15 years imprisonment, The bill would mandate a rapid notification and response system, The bill would create a new mandatory minimum penalty of $10,000 for coal operators that show negligence or reckless disregard for the safety standards of the Mine Act,The bill would nullify an MSHA rule issued in 2004 that authorizes the use of belt entries for ventilation, which may have caused fire in another accident at Alma, The bill would create a science and technology transfer office in MSHA to pull research and development ideas rom other federal agencies for use in the mines,The bill would create an ombudsman in the Labor Department’s Inspector General office for miners to report safety violations. Mine Improvement and New Emergency Response (MINER) A ct after the Sago and Darby Mine explosions in 2005 and 2006 I have read many notes left to the families of the miners trapped in disaster not only this one and we keep one posted on our mine rescue station door to remind us why we are doing what we do he is the letter: Ellen, darling, goodbye for us both. Elbert said the Lord has saved him. Do the best you can with the children. We are all praying for air to support us, but it is getting so bad without any air. Horace, Elbert said for you to wear his shoes and clothing. It is now 1/2 past 1:00. Powell Harmon’s watch is in Andy Woods’ hand. Ellen, I want you to live right and come to heaven. Little Elbert said he trusted in the Lord. The bad air is closing in on us fast. Dear Ellen, I leave you in bad condition, but set your trust in the Lord to help you raise my little children. Elbert said for you all to meet him in heaven, for all of the children to meet us both. Raise the children the best you can. Oh how I wish to be with you. Goodbye, all of you, Goodbye. Bury me and Elbert in the same grave by little Eddie. Goodbye Ellen, Goodbye Lillie, Goodbye Jimmie, Goodbye Minnie, Goodbye Horace. Oh God, for one more breath. Ellen, remember me as long as you live. Goodbye darling. It is 25 minutes after 2:00. There are few of us alive yet. Jake and Elbert. The Aracoma Mine accident had happened when a conveyor belt in the Aracoma Mine No. 1 at Logan WV caught fire. The conveyor belt ignited on the morning of January 19, 2006, pouring smoke through the gaps in the Stopping line and into the intake that the miners were supposed to se for their escape, obscuring their vision and ultimately leading to the death of two of them. If the stoppings had been in place they would have prevented any smoke from the conveyor belt to the intake the primary source of air for workers inside the mine. Instead investigators now believe, smoke flooded into the air intake, which also serves as an escape route, disorienting two of the min ers, who became lost and died in the fire. The two men, Ellery Hatfield, 47 and Don Bragg, 33, died of carbon monoxide poisoning when they became separated from 10 other members of their crew. The others held hands and edged through the air intake amid dense smoke. As the federal agency that conducts research to advance mine safety and personal protective technologies, moves the results of research to workplace practice, and tests and certifies respirators for workplace use, NIOSH is working with diverse partners to plan, support, and carry out research that addresses those needs. Areas of focus include:Innovative designs for SCSRs that will provide air to users for longer durations. NIOSH is interested in new technologies for training that simulates actual respirator use. Realistic training that can be done frequently and efficiently will improve miners’ ability to escape. Changes in requirements for evaluating and testing SCSRs . Collaboration with the Mine Safety and Health Administration to update current training modules for donning SCSRs. Updates will incorporate guidance on the donning of multiple SCSRs during an emergency escape, reflecting new requirements under the MINER Act of 2006. Those provisions require mine operators to provide individual miners with immediate access to at least two SCSRs, and to store extra units along escape ways. Aracoma brought about more of training and provision to strengthen their ability to inspect better and enforce laws and regulations in place such as:better tools for cracking down on companies with patterns of violations, stronger protections for whistle blowers, stiffer criminal penalties and quick fix injunctive relief that would let the Department of Labor act decisively against an operator when it identifies an immediate threat The Upper Big Branch Mine disaster occurred on April 5, 2010 underground at Massey Energys Upper Big Branch mine at in Raleigh County, West Virginia. Twenty nine out of thirty one miners at the site were killed. The explosion occurred at 3:27 pm. The accident was the worst in the U. S. since 1970. High methane levels were detected and subsequently an explosion from an unknown source occurred. Twenty five men were initially killed. Four days later the four missing men were found dead for a total of 29 deaths. While investigations is still ongoing, officials have speculated that it may have been caused by a spark from a mantrip. Due to the large area and concentration of toxic gases mine rescue teams were able to enter and kept getting ulled out delaying rescue and recovery efforts until holes were drilled for ventilation. They were many problems in the past with violations as with many mine who have had disasters miners were scared some even left notes before the explosion and due to the size of the explosion there had to be large amounts of dust as well as methane of course Massey is denying their responsibility they have already prosecuted some officials I would write more on this disaster that we all have heard many reports and are familiar with this disaster but I do not wish to speculate ore until the investigations are complete and I am stating facts instead of opinions I would not like to speculate on something that has effected so many lives of my fellow miners and their families. Although they have not really been any changes in laws and since the Upper Big Branch explosion other than the non-combustible material has raised to 80% or better in returns instead of 60%. Since the April 2010 explosion the safety agency has also ramped up enforcement created new mine safety screening procedures and conducting 228 impact inspections at mines with poor safety records or other warning signs of problems. The agencys new screening procedures were put in place after officials discovered that a computer error had allowed Upper Big Branch to evade heightened scrutiny. The agency has also proposed new safety rules that would result in speedier enforcement for mines that have shown a pattern of serious violations. The Monongah Mine disaster of Monongah, West Virginia occurred on December 6, 1907 and is labeled as the worst mining disaster in American History. The explosion was said to be caused by the ignition of methane which ignited the coal dust in mines number 6 and 8, killing hundreds of workers. Rescue workers could only work in the mines for 15 minutes due to the lack of breathing equipment. Some of those workers also perished due to suffocation caused by methane oxidation. The lives of 362 or more workers including children were lost in the underground explosion, leaving 250 widows and more than 1000 children fatherless. The exact death toll remains unknown. The worst of the explosion occurred in the No. 8 mine and so great was its force that the concrete roof of the engine house was torn into fragments and one piece weighing more than 100 pounds was blown more than 500 yards. The victims came to their deaths suddenly. Many were found sitting upright in the positions they were in when the explosion came with its spread of deadly gases. The scenes at the mines during the work of rescue were pitiful in the extreme. For several days frantic women grouped about the opening of the mines and their shrieks of agony were enough to move the hardest heart to pity. Grief stricken mothers, wives, sweethearts and sisters waited and watched and cried and prayed. Although the village of Monongah was unprepared for the disaster relief work was quick nd effective. Relief parties were rapidly formed and additional forces were hurried from Fairmont and adjacent cities and towns. But with a few exceptions there was no need for the physician and the rescuer -death to those in the mines came fully and suddenly and without suffering. The mine officials as well as the officials of the B. O. Railroad Company took an active part in the relief and many acts of bravery were performe d by the volunteers who entered the mines in search of the victims. Appeal for funds with which to carry on the relief work mong the families of those who perished met with a quick response. The sole survivor of the blast was Peter Urban. He found a small foxhole to climb out before the toxic gases reached him. Some believe that several other men escaped with him but there is little evidence to validate that. Although they are some difference in these explosions they are similarities between them. Most of them the true cause may never be known. Many of them had also been repeat offenders of violations. From all mining disasters they have been new laws or regulations with stiffer compliance, improved training and technology. If you couldnt tell from the Upper Big Branch you can see that when a disaster happens in the mines West Virginia supports each other all miners are familys and close and we support each other. Although the mining industry remains dangerous we have took great strides for improved safety and will continue to pursue that goal, not only have we made great strides in the mining but also in Mine Rescue from training and equipment improvements and hopefully many more will come in to be better prepared to save the lives of fellow miners if such a disaster was to happen again.

Writing a Sample Argumentative Essay - High School and College Students

Writing a Sample Argumentative Essay - High School and College StudentsThe purpose of writing a sample argumentative essay is to get your point across clearly and succinctly, and it needs to be set up in a way that is easy to follow. This will keep you from getting lost in the details of your argument and make your essay easy to read and write. To follow the simple format you should first set a well defined topic for your essay, then choose a suitable argumentative technique.In fact, it can be challenging and even frustrating to write an argumentative essay when you do not have any experience writing for either high school students or college students. While there are many good teaching resources available online, they tend to focus on teaching the student how to write and research, instead of guiding them in writing a clear and concise argument.Although you should not assume that writing for high school students is easy, you can still use some of the basic techniques and guidelines from other types of writing to make your essay successful. Following these basic guidelines will make your essay more professional, more readable, and more useful.If you are going to use an essay prompt for high school students, be sure to pick one that is specific and measurable. For example, if your essay topic is 'The difference between us and them,' you would not want to use this format: 'According to the argument, our biggest concern is the difference between us and them.' You need to find something that is measurable and something that you can refer back to.You should also use a guideline for writing a long essay, such as a paragraph or two at the end. If you use these guidelines to guide you through your essay, it will be easier to structure it, and you will have a better understanding of the essay topic and the type of argument you will be writing.There are a wide variety of these guidelines to consider. Most essays are using three templates, each having a slightly different style. Your resource should help you determine which templates best fit your type of writing and content.Since argumentative essays are meant to be less formal, you do not need to rely on long paragraphs to get your point across. You should be able to use short sentences, as many or as few as you feel necessary to make your point. You will still need to make sure that your argument is supported by facts and supporting evidence, but using shorter sentences can help you get your point across much more easily.Furthermore, using the right tone of voice is very important. It should not be a monotonous piece of writing. Use certain words and phrases to make your points, but make sure that you are still expressing your thoughts clearly and with confidence.

Free Essays on Its A Sin To Kill A Mockingbird

It’s a Sin to Kill a Mockingbird Harper Lee’s, To Kill a Mockingbird, is a story of innocents destroyed by evil; the mockingbird came to represent the idea of innocence. Therefore, to kill a mockingbird means a loss of innocence. Throughout the book numerous characters can be identified as mockingbirds. Jem, Scout, Dill, and Boo all lost their innocence as they became more mature through their childhood experiences with one another. Tom Robinson is also an example of a mockingbird in this book by the injustice he receives as a colored man in Maycomb. The intention of this essay is to identify these characters and reasons for their loss of innocence throughout the book. Scout is an example of a mockingbird. She is an innocent five-year old child whose wholesome heart had never had an encounter with evil. Jem and Scouts last name is Finch and indicated that they were particularly vulnerable in the racist world of Maycomb, which often treats the fragile innocence of childhood harshly. As the book progressed, her innocence was slowly taken away from her. When Scouts father tried to protect an innocent man from being convicted of a crime that he never committed, it showed us how she was exposed to this racial prejudice; this took away her innocence. When Jem and Scout received their first air rifle, their instinctive desire to shoot birds was taken for granted. Their father refused to teach them how to shoot, and warned them that it was a sin to kill a mockingbird. That was the only time that the children heard him call something a sin, reflecting how strongly he felt about the topic. Atticus told the children that they could shoot as many blue jays as they like; blue jays are colorful birds, with black crests atop their heads and vibrant patterns on their wings, but they were never to shoot a mockingbird. Which is ironic because the mockingbird is an ugly blackish color and was nothing compared to the blue jay’s beauty. Mockingb... Free Essays on Its A Sin To Kill A Mockingbird Free Essays on Its A Sin To Kill A Mockingbird It’s a Sin to Kill a Mockingbird Harper Lee’s, To Kill a Mockingbird, is a story of innocents destroyed by evil; the mockingbird came to represent the idea of innocence. Therefore, to kill a mockingbird means a loss of innocence. Throughout the book numerous characters can be identified as mockingbirds. Jem, Scout, Dill, and Boo all lost their innocence as they became more mature through their childhood experiences with one another. Tom Robinson is also an example of a mockingbird in this book by the injustice he receives as a colored man in Maycomb. The intention of this essay is to identify these characters and reasons for their loss of innocence throughout the book. Scout is an example of a mockingbird. She is an innocent five-year old child whose wholesome heart had never had an encounter with evil. Jem and Scouts last name is Finch and indicated that they were particularly vulnerable in the racist world of Maycomb, which often treats the fragile innocence of childhood harshly. As the book progressed, her innocence was slowly taken away from her. When Scouts father tried to protect an innocent man from being convicted of a crime that he never committed, it showed us how she was exposed to this racial prejudice; this took away her innocence. When Jem and Scout received their first air rifle, their instinctive desire to shoot birds was taken for granted. Their father refused to teach them how to shoot, and warned them that it was a sin to kill a mockingbird. That was the only time that the children heard him call something a sin, reflecting how strongly he felt about the topic. Atticus told the children that they could shoot as many blue jays as they like; blue jays are colorful birds, with black crests atop their heads and vibrant patterns on their wings, but they were never to shoot a mockingbird. Which is ironic because the mockingbird is an ugly blackish color and was nothing compared to the blue jay’s beauty. Mockingb...

Celebrity Endorsement in India Essay Example for Free

Celebrity Endorsement in India Essay In India, celebrities are idolized as Gods and marketers have been trying their best to tap on this emotional connect of the people with the celebrities. Today, most of the popular brands are being endorsed by a famous personality either from entertainment industry or sports arena. Strategic brand positioning and effective communication are the keys to success in today’s market where many brands compete in the same category for the market share. Companies are employing their maximum might to promote their brands and occupy a long lasting image in the minds of the consumers. In India, television is the most popular and effective means of the mass communication. There are over three million television commercials being aired every year. However, 80 percent of them are forgotten by the people in a day or two. So, it is imperative for the marketers to ensure that their ad campaign stands out amongst the crowd (Suhalka, n.d.). Since advertising is a highly critical tool for luring customers to make purchases, Indian firms are investing millions of rupees on celebrity advertising (Khatri, 2006). Celebrity endorsements are also an easy option for Indian marketers because of the disparities of the Indian consumer base in terms of religion, ethinicity, value system and most importantly economic variations. Therefore, advertisers in India emphasis a lot on brand recall and customer persuasion for differentiating their ad campaigns from those of the counterparts. It is here that celebrity endorsement provides a tremendous boost (Surana, 2008). For instance, one of the strongest celebrity endorser is cricketer Sachin Tendulkar who is a youth icon and endorses many successful brands like, Pepsi, Boost, Aviva Life Insurance, TVS, Britannia Biscuits, Visa, Airtel etc. Like, Shahrukh Khan, Amitabh Bac hchan, Kareena Kapoor also have many brands in their kitties. Indians love their celebrities and blindly follow their suit. This has proved to be a boon for the marketers and celebrity endorsement is just getting better by the day. It has now become an indispensible part of the marketing communication strategy. It is a win ?win situation for both the celebrities and the brands. However, the consumers are ones who are least benefitted as they end up paying more for the products and services. †¢ Khatri, P., 2006. Celebrity Endorsement: A Strategic Promotion Perspective. Indian Media Studies Journal, 1(1).Pp. 25-37 †¢ Suhalka,G.n.d. Celebrity Endorsers and Endorsements in India- The Rise and the Impact [pdf] Available at: http://www.ndtvmi.com/b4/dopesheets/garima.pdf [Accessed 18 February 2012] †¢ Surana,R., 2008. The Effectiveness of Celebrity Endorsement in India [pdf] Available at: http://edissertations.nottingham.ac.uk/2069/1/08MAlixrs13.pdf [Accessed 18 February 2012] Commentary | Theses | Dissertations | Journals & Articles | Proposals & Synopsis | Essays | Promotional Writing | Press Release Copyright  © 2005 – 2012 Project Guru India. All rights reserved. www.ProjectGuru.in Celebrity Endorsement in India. (2016, Dec 07).

Explains how Corporate takeover is influenced by corporate environment Essay

Explains how Corporate takeover is influenced by corporate environment - Essay Example Corporate greed has been studied to be an important cause for merger and acquisitions. Since the prime objective of every firm is to maximize the profit, the corporations in greed want to acquire other competing firms. Thus through merger market competition can be eliminated. Moreover it is generally assumed that the larger firms are in a position of enjoying cost efficiency and hence economies of scale. Thus merger can be the result of the firm’s desire of enjoying economies of scale through the acquisition of other small firms of the market. The company, which is being taken over by the parent company through merger, is known as the ‘subsidiary company’. Accomplishment of the corporate amalgamations can be done in three different ways, by consolidation, by acquisition or by pooling of interests. Pooling of interest is often called a tax-free merger and is generally accomplished by swap of common stocks at specified ratios. Acquisition on the other hand consists of the purchase of assets of one company by the other at a given price and the shareholders of the targeted company need to surrender their stocks. For example the merger of the Wrigley and Mars Company had been finalized in a deal of 23 billion dollars in which Mars announced to acquire Wrigley after being approved by both the companies. The shareholders of Wrigley thus need to surrender their stocks receiving 80 dollars for each of their shares. Thus the targeted company remained to a ‘stand alone separate subsidiary of Mars’. Consolidation is another process of corporate combinations. This process involves the formation of a separate entity by dissolving both the companies. The new stocks of the consolidated firms are issued to the existing shareholders of both the individual companies. (Hoskisson, Hitt and Ireland, 102-103; Sorkin; Mullins) Takeovers can influence corporate environment if the takeover is hostile. There are generally four types of takeovers. These ar e strategic, defensive, growth and financial. In a strategic takeover, the acquiring firm tries to target the much-developed product of the firm that is to be acquired. This product is in the form of either services or any intellectual property. In a defensive takeover, the acquiring firm tries to sell the assets of the acquired firm in the market after buying them from the targeted firm. In a growth takeover strategy, the acquiring firm targets to acquire such a firm that has high growth potential. The acquiring firm markets the products of the targeted firm by utilizing own sales and distribution channels. In a financial takeover strategy, the acquiring firm is generally interested in a financially sound firm. Sometimes acquiring firms can take interest in firms that are financially weak. This is done in order to offset the tax liability. There can be various reasons for which a merger takes place. Firms acquire other firms to increase their market share. A firm gains larger marke t share when it gives tough competition to other firms in terms of lower production costs as well as higher sales costs. Market power mainly depends on the size of the firm and the market share it covers. The results of these acquisitions are big firms, which in turn create economies of scales. Sometimes acquisitions are means to raise funds. (Hoskisson, Hitt and Ireland, pp 245) Culture Differences Organizational values are noticed through emotional

CRIMINAL JUSTICE 1 question drugs Coursework Example | Topics and Well Written Essays - 500 words

CRIMINAL JUSTICE 1 question drugs - Coursework Example In truth, Colombian drug organizations and Mexican drug organizations have traditionally taken different roles in the drug trafficking chain. In the article by Lyman (2011), the relationship started with Mexican drug organizations acting as surrogates and partners of their Colombian counterpart drug organizations – taking advantage of the borders between Mexico and the United States to smuggle in cocaine from Colombia (page 136). However, towards the end of the 1980s the Mexicans were no longer satisfied with being mere conduits and wanted a share both of the drug loot and the U.S. markets. Lyman explained the consequence of this: Eventually, this arrangement with the Colombians not only resulted in dividing the cocaine shipments down the middle but in dividing much of the U.S. markets down the middle. As the arrangement evolved over time, the Colombians retained the wholesale market in the eastern United States as their own, and Mexican drug cartels took over the wholesale market in the Midwestern and Western states. According to Bagley (1988), the expanded role of the Mexicans in the drug trade had created, in his words, â€Å"an unprecedented wave of drug related violence in Mexico that seriously threatened the country’s fledgling process of democratization. (page 71)†. And this begins to answer the question as to whether or not these drug cartels are as much of a threat to the United States as traditional terrorist organizations. In fact, it may even be argued that drug cartels are even more of a threat to the United States than the terrorist networks that people have come to associate with Islamic fundamentalist groups and the like. For one thing, the scale of violence wrought by drug organization can perhaps rival that of traditional terrorist organizations. Colombia’s principal guerrilla organization, the Fuerzas Armadas Revolucion de

The Legality and Ethics of Internet Advertising Essay -- Exploratory E

The Legality and Ethics of Internet Advertising ABSTRACT: Recently, DoubleClick.com, one of the world’s premier Internet advertising firms was at the center of a Federal Trade Commission investigation on privacy. Consumer privacy advocates have charged the company with infringing on the privacy of websurfers because of the aggressive means it uses to gather data for profit. This paper discusses the legal and moral issues surrounding these tactics. Were the company’s aggressive tactics legally permissible? Were they ethical? Companies such as DoubleClick need to inform the websurfer that he/she is being monitored. The world of the Internet uses advertising as its central driving force. Internet start-up companies have spent millions upon millions of dollars on advertising, making Internet advertising a very lucrative business. In fact, right now the advertising market is estimated to be worth about $6.6 billion and is expected to be worth $27 billion by 2004.1 One of the leaders in the business, DoubleClick.com, has a significant market share of the industry with over 1,500 client sites. The aggressive means by which DoubleClick operates has made it the advertiser of choice by many Internet companies. The power of DoubleClick is in its usage of Internet "cookies" to gather information on web surfers. Every time you visit a website that is powered by DoubleClick, an Internet cookie is placed on to your web browser. The cookie helps DoubleClick track what your Internet habits are and which websites you visit most often. This information is then kept in a database that is later used by DoubleClick to target consumers with ads based on the information that it has on different user types. It is estim... ...m/NewWebstories/doubleclick_priv_2_23.htm Notes: 1 Frook, John E. â€Å"Tactics vary in race for ad network dominance.† BtoB. October 23, 2000 Vol. 85: 1. 2 Magill, Ken. â€Å"DoubleClick: Profiling Not Dead,† iMarketing News Vol.2 No.9 (2000):1. 3 IBID. 4 IBID. 5 â€Å"What Goes Up†¦(The DoubleClick Story).† Privacy Times. February 3,2000 <http://www.privacytimes.com/NewWebstories/doubleclick_priv_2_23.htm> 6 â€Å"FTC Closes Investigation of DoubleClick’s Privacy Practices.† January 22, 2001 http://www.doubleclick.net:80/us/corporate/presskit/press-releases.asp?asp_object_1=& press%5Frelease%5Fid=2489 7 Anstead, Mark. â€Å"Internet:Taking a tough line on privacy- New legislation threatens internet data collection.† Marketing. April 13, 2000. 8 IBID. 9 Hawkins, Dana; Mannix, Margaret. Personal Tech.† U.S. News & World Report. Vol. 129 No.13. 10 IBID.