A case on Mergers & Acquisitions Assignment Example | Topics and Well Written Essays - 2750 words

A case on Mergers & Acquisitions - Assignment Example me concepts such as FDI1, which is the acquisition of ownership of assets by a foreign country in another country with the intention of having direct control over manufacture, distribution and sales of a firm in the host country. Foreign investment basically means the gap in a country’s requirement for investment and its savings rate (Yuang, 1998 p.63). The host country for FDI stands to benefit in a number of ways in terms of capital formation, export diversification, technology import, management system improvement, and enhanced market competition, infrastructure development to support economic activity, financial sector growth and markets development (OECD, 2001 p.13). FDI is a powerful engine in helping to achieve country objectives such as those about poverty reduction, development and international integration, and it is perceived to be an international investment route that most developed economies have embraced. Low income countries in Africa, for example, have not taken this advantage and are thus being excluded from the globalization benefits of FDI. This research paper seeks to explain general aspects of international trade and economic blocs as well as critically evaluate the economic environment for FDI in the United Arab Emirates focusing on business risk for a firm keen on investing in UAE and considering key aspects of the international business environment such as culture, ethical practices, legal systems, purchasing power, income, consumption patterns, taxes, infrastructure, economic prospects and stability in general among others. Picking on a specific product or service, the paper will explain distribution and marketing strategies and provide guidance on the extent to which the firm’s performance may be put at risk based on last five years. International trade deals with the dynamics around movement of goods and services including intellectual property across country borders and it affects not only a country’s economic, social and

Legal Problems Essay Example | Topics and Well Written Essays - 1000 words

Legal Problems - Essay Example The major issue which arises is therefore, negligence on the part of Kowloon Bank and whether they had a duty of care towards Lester and their employees. The salient principles of tort law establishing injury and harm to plaintiffs have been derived on the basis of judgments which have been set out in various cases such as Donaghue v Stevenson1, Anns v Merton Borough London Council2, Murphy v Brentwood DC3 and Caparo v Dickman4, which form the basis for the duty of care that forms the foundation of tort law. All of the above cases have established the â€Å"good neighbour† principle, wherein a person owes another a duty of care and this would especially be the case with employees having a duty of care towards their employees. The prevailing standard for medical negligence has been established in the case of Bolam5, i.e, the question of whether negligence has occurred must be assessed based upon whether a body of medical staff finds negligence to have occurred. McNorrie argues that the standards established in Bolam were bad in principle.6 He cites the case of Cavanagh v Ulster Weaving Co Ltd7 where employers were held to be liable for not taking good care of their employees. It must be noted at the outset that Lester had a disability and would have been responsible for equipping himself with necessary aids, such as a crutch in moving around the premises of the bank. Alternatively, he could have also requested such aids from the bank to enhance his mobility. The bank itself did all it could, i.e, providing him an ergonomic chair, etc. On the issue of not putting up signs that the floor was wet, the person liable would be the individual employee/cleaner who failed to post signs to state that the floor was wet, rather than the bank itself. Secondly, the magnitude of Lester’s injuries might not wholly have been caused by the wet floor, because he was already disabled with a limp. Secondly, the delays which occurred were mainly because of the