My Tuesays With Morrie Essays - Self-help Books, Morrie Schwartz

My Tuesays With Morrie Kelly Kleinhesselink Educator Kramer Fundamental Writing 20 November 2000 My Tuesdays with Morrie Mitch Albom, creator of Tuesdays with Morrie, is flipping through his TV stations one night and he heard these words originate from his TV set, Who is Morrie Schwartz? What's more, Mitch went numb. Mitch discovered through the TV show Nightline that his long lasting companion and instructor is biting the dust and Mitch realizes that he needs to take a quick trip and see him. Mitch goes to see his old school educator and what begins as a one-day meeting transforms into a four-month class. The class is led in Morries house in the suburb or Boston, there are no books or some other understudies, just Mitch and Morrie. All through this class Morrie educates Mitch the exercises of life; exercises, for example, passing, dread, maturing, voracity, marriage, family, society, absolution, and a significant life. As Morries conditions intensify, Mitchs condition is showing signs of improvement; Mitch is improving as an individual. At last Morries life reaches a conclusion, and Mitch moves on from Life 101. I felt the seeds of death inside his withering casing, and as I laid him in his seat, modifying his head on the pad, I had the coldest acknowledgment that our time was running out (59). That is the thing that Mitch, a diary essayist for the Detroit Free Press, said as he lifted his old school instructor from his wheelchair to his chair. Morrie Schwartz is biting the dust from ALS, also called Lou Gehrig malady. As the book goes on, Morrie connects with individuals who need to talk and he shows them the genuine exercises of life, while he is lying on his deathbed. Tuesdays With Morrie is a fantastic book on the grounds that Morrie instructs Mitch exercises about marriage, ravenousness, and family that youthful grown-ups can gain from. Love one another or perish(149). This statement summarizes all of Morries perspectives and convictions on the subject of marriage and love. I feel that youthful grown-ups can take in a major exercise from this short statement. Love and marriage are significant in light of the fact that we as a whole need somebody to cherish and to adore back, on the off chance that we dont we will live a forlorn and miserable life. There is a lot of decides that Morrie expressed in this book I feel youthful grown-ups could gain so much from. Morrie said that, your going to experience a great deal of difficulty on the off chance that you dont regard the other individual on the off chance that you dont now how to bargain on the off chance that you cannot speak transparently about what goes on between you in the event that you dont have a typical arrangement of qualities in life(149). What's more, the greatest one of those qualities is your faith in the significance of your marriage. I believe that ever ything that Morrie says in that entry is valid. At the point when he discusses on the off chance that you dont realize how to bargain, at that point you will experience a great deal of difficulty. On the off chance that you cannot work and surrender a few things to cause things to prevail with the individual that you love then you will have a great deal of issues. I truly feel that youthful grown-ups can gain so much from that section just as all through the book about marriage. Another issue that Morrie converses with Mitch about that I feel youthful grown-ups can gain from is voracity, and how we as individuals put our qualities in an inappropriate things. I additionally feel this is valid in todays society. We do place our qualities in an inappropriate things, we put our qualities in cash, vehicles, fabrics, and numerous others, yet we as a whole realize that that is an inappropriate spot to put our heart. Im sure that we have all heard the statement, When we pass on, you cannot take it with you (124). Since this has been referenced so much I dont need to go top to bottom about it, yet I truly feel this is valid, we have to understand that we cannot take our material things with us when we pass on. What I gained from this part is an individual doesnt experience as long as they can remember placing their qualities in an inappropriate things and afterward when you get more seasoned understand that they where wrong and ought to have

Individual Reflective Journal of Business -Myassignmenthelp.Com

Question: Talk about the Individual Reflective Journal of Business. Answer: Presentation It is critical to compose intelligent diary that permit understudies thinking about new information that has been learned in the class. It cements learning experience through chronicle in the course, learning new materials and grows new ends. In the current course, I have gotten information about the utilization of electronic gadgets and its utilization in cooking industry. With the assistance of different sources, for example, books, diaries and sites just as the suggested sources that are given, I have picked up information in regards to the point that empowers me to audit writing in regards to the theme and organize inquire about technique to convey forward the examination in legitimate manner. Intelligent Journal Scope While having such potential advantages that can be applying the information in the examination, intelligent diaries help to make self-appraisal with respect to the investigation. With the assistance of intelligent diary, one can assess the zones that should be improved in the investigation. In the other hand, intelligent diaries help to distinguish solid territory that can be investigated and applied, in actuality. Besides, it can show understudies and open extensions to detail new conclusions just as viewpoints and give them a hazard free an incentive for investigating, thinking just as rehearsing aptitudes learned in the class. Intelligent examination Review of the utilization of electronic gadget and its applications in providing food industry Lin and Hsu (2017) expressed that with fast improvement of science and innovation, stock programming programs are presently accessible in the market that assists with following use, screen changes in the expenses of unit dollar and can compute the necessity so as to reorder just as break down stock levels based thing to-thing. The framework is known as Point-of-System. Then again, web based booking applications help to book request in hustle free way. Also, it turns out to be progressively advantageous way that spares time for the clients and encourages the association to open up in 24*7 hours. Effect of electronic gadget utilization on providing food industry A few kinds of electronic gadgets just as its application with the advancement of data innovation empower the providing food industry to turn out to be progressively famous and accessible for the clients in 24*7 hours (Boella 2017). Retail location framework is one of the electronic gadgets, that is only a fundamental mechanized system worked by principle PC and connected to different checkout terminals. Then again, web based booking applications causes associations to be profited consistently. These frameworks help to expand business benefit and make an incredible effect on by and large income of the association. What's more, it elevates to advance cashless economy for the nation. Points of interest of the utilization of electronic gadgets in providing food industry Retail location framework causes dealers to take the exchanges and make disentanglement of key everyday tasks in business. Then again, clients can book request with the web based booking applications from their Smartphone (Penazzi et al. 2017). This investigation permits me to comprehend the strategy of exchange and utilization of data innovation in providing food industry. What's more, as the framework is cloud-based, there are no issues with respect to capacity of the reports and data of the association. POS framework likewise coordinates the whole framework flawlessly that helps the association to keep incorporating in a chain of associations. Impediments of hardware gadgets in cooking industry Despite the fact that there are a few favorable circumstances of utilizing electronic gadgets in cooking industry, there are a few restrictions too that I have concentrated through looking into written works. Appearance development of electronic gadgets may get misfortune occupations in the providing food industry. Then again, associations need to enlist IT proficient or talented individual to work the frameworks or create applications that can draw in clients to utilize them (Huang et al. 2017). It costs high for the association. In addition, internet booking applications can bring security issues as secret data are related with it, for example, credit or check card data. Degrees for utilizing electronic gadgets in cooking industry Dissecting advantages and constraints of utilizing electronic gadgets in Chinese providing food industry, I have discovered some future extensions and opportunities for utilizing the innovation. As steady development of science and data innovation permits us to make life simpler with the assistance of web, it gets important to benefit the majority of the administration carefully. Then again, being cloud based help; there would be less paper utilization that diminishes costs for it. Also, information will be made sure about for putting away in cloud. Likewise, POS framework can follow deals just as sync them when on the web if web goes down. Utilization of web-based social networking stage in providing food industry The current age manages the development of web and web-based social networking. It is utilized for a few purposes (Feixiang et al. 2016). Providing food industry is additionally not out of them. Internet based life stage, for example, Facebook and Twitter become well known hotspot for checking on the administration of the association. It encourages the association to comprehend clients requests and find a way to satisfy the requests. Then again, investigating administration can control different clients to profit the administration. Likewise, there is an arrangement to present booking administration through Facebook and Twitter (Zhang et al. 2016). Hence, web based life stages open up an incredible open door for the cooking business to expand their business. Improvement of research system to break down the effect of electronic gadgets on providing food industry It is imperative to choose reasonable and suitable methodological instruments so as to convey forward an exploration in legitimate manner. In the current examination, I have chosen right instruments that empower to comprehend the sort of research that I am going to direct. Moreover, investigate plot gives me a general way to deal with the techniques chose for the examination. Therefore, investigating the diagram and by and large comprehension of research system encourages me for understanding the path through which the examination will be led. Advancement of research structure for the examination In an examination technique, look into configuration acts a significant job. It can give legitimate basic reason for the examination. Investigating the sorts of research structures, I have discovered that elucidating research configuration is proper and appropriate for the examination. As the examination configuration manages explaining the subject of the exploration and structure theory just as understands the circumstances and logical results of the examination issues, the unmistakable plan is appropriate for the examination that I have decided for the examination. Then again, choice of enlightening examination configuration would be valuable to break down the effect of electronic gadgets use in providing food administrations. Determination of fitting examination reasoning for the exploration So as to direct an examination in powerful manner, it is essential to choose legitimate research reasoning. Positivism, authenticity and interpritivism are three sorts of research theory that are typically utilized in an examination (Riedl et al. 2014). The examination would worry with quantifiable perceptions and there will be measurable investigation for understanding the effect of electronic gadgets, for example, POS framework and internet booking applications on Chinese providing food industry (Ganzaroli et al. 2017). Consequently, comprehension of appropriate research reasoning encourages me to better understanding of generally speaking exploration strategy in an examination. Examining research approach for the point Sherri (2015) remarked that examination approach assumes a significant job in an exploration that permits recognizing the sort of the examination. There are two kinds of research, for example, inductive research approach and deductive research approach. Deductive research approach helps to create speculation and test by creating research methodology. What's more, it is appropriate to test past speculations and ideas for which I have chosen deductive research approach for the examination. Utilization of moral contemplations in an exploration Comprehension of moral contemplations is fundamental for conduction of an examination (Smith 2015). There are a few moral contemplations that are required to follow in an exploration. I have picked up information in regards to classification of data of the members in study that is required to keep appropriately without being spilled. In this manner, comprehension of UAE Federal Law of 1987 would assist me with restricting distribution of individual data of a person. Course of events getting ready for an examination Time making arrangements for an examination would help me to finish the exploration inside the distributed time (Taylor et al. 2015). There would be 24 weeks required for fruition of the examination. In every week, I have separated my work that I would go to lead. In this manner, legitimate time arranging would assist me with conducting the exploration in deliberate manner. What's more, it gives me capacity to sort out and plan the time spent on every one of the exercises. It would assist me with increasing adequacy just as profitability. End From the above conversation, it tends to be presumed that this intelligent diary encourages me to create basic intuition aptitudes just as grow, investigate and guard thoughts with respect to the subject. It helps me to recognize the inquiries just as issues as it reflects what I definitely know and what requires for expanding viability with respect to the examination. Moreover, the way toward expanding the comprehension can be comprehended through the intelligent diary. Intelligent practice is upheld of making openings that permit understanding the composing ability in an open-finished organization. Hence, doing intelligent diary on dissecting the effect of electronic gadgets on Chinese providing food industry encourages me to better comprehension of the ideas, distinguishing the issues and suggest solu

Constitution of the United States

Constitution of the United States Introduction Constitution of the United States, document embodying the fundamental principles upon which the American republic is conducted. Drawn up at the Constitutional Convention in Philadelphia in 1787, the Constitution was signed on Sept. 17, 1787, and ratified by the required number of states (nine) by June 21, 1788. It superseded the original charter of the United States in force since 1781 (see Confederation, Articles of) and established the system of federal government that began to function in 1789. The Constitution is concise, and its very brevity and its general statement of principles have, by accident more than by design, made possible the extension of meaning that has fostered growth. There are seven articles and a preamble; 27 amendments have been adopted (see the table entitled Text of the Constitution of the United States). The wording of the Constitution is general, necessitating interpretation, and any short summary is only rough and approximate. From its very beginnings, the Constitution has been subject to stormy controversies, not only in interpretation of some of its phrases, but also between the loose constructionists and strict constructionists. The middle of the 19th cent. saw a tremendous struggle concerning the nature of the Union and the extent of states' rights. The Civil War decided the case in favor of the advocates of strong union, and since that time the general tendency has been toward the centralization and strengthening of federal power. Sections in this article: Introduction The Preamble The Articles The Amendments Bibliography The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved. See more Encyclopedia articles on: U.S. Government

Maslow s Hierarchy Of Needs Essay - 2488 Words

Introduction – Understanding Motivation To appreciate what motivates employees in the work place what must first be considered is what motivation actually is. Once this is understood then employers can look at where money comes into to play and how or whether it may be used as a tool in motivating employees. So what is motivation? Motivation consists of the â€Å"biological, emotional, social and cotgnitive forces† Cherry, K, (2016) Motivation: Psychological Factors That Guide Behaviour. Very Well. 16 June. Available Online: [https://www.verywell.com/what-is-motivation-2795378] that stimulate a behaviour or more simply why one carries out an action. At the centre of this essay will be Maslow’s Hierarchy of Needs (1943, 1954)) and its application to other theories of motivation such as those of Herzberg, Mayo and Warner. Frederick Herzberg Theory of Motivation in relation to Maslow’s Triangle Over the course of the 1950s and 60s Frederick Herzberg carried out research into what motivated employees in the workplace. The results of these studies were unexpected and confuse employers even to this day. What was uncovered, inter-alia, was a sub-standard work environment could make employees miserable to the point of demotivating them, but rectifying these so called â€Å"hygiene† factors would not necessarily reverse the effects. The way to motivate an employee was to give them interesting, challenging work that felt meaningful enough to instil a sense of responsibility. WhatShow MoreRelatedMaslow s Hierarchy Of Needs1741 Words   |  7 PagesMaslow’s hierarchy of needs and Herzberg’s. The Maslow’s hierarchy of needs include five levels, and at the certain extent, reflect the rule of human s activities on psychological and behavior. Herzberg’ describe the more details of worker agree or disagree about working. In this essay, more related kno wledge details and effects will de described, then, analysis the two theories individual, choose a better one. II. Describe the two theories. 2.1Maslow’s hierarchy of needs The Maslow’s hierarchy of needsRead MoreMaslow s Hierarchy Of Needs1536 Words   |  7 Pagesunderstanding of how to motivate different personality types. In the research I am going to compare Maslow’s hierarchy of needs against Lawrence and Nohira’s 4 drive theory in an attempt to better understand their possible uses inside an organizational structure. Let’s first take a look a look at the two theories before discussing their potential benefit. Maslow’s Hierarchy of Needs. We need to keep in mind that Maslow’s field was phycology, so his research was done from a medical viewpoint more soRead MoreMaslow s Hierarchy Of Needs1524 Words   |  7 PagesSummary of Maslow’s The Hierarchy of Needs Abraham Maslow developed the theories of motivation because he felt that the sophistication of human behavior could not be portrayed through reinforcement or rewards. He felt that human action were directed toward realization and fulfillments and that behavior could be gratified while using multiple types of needs at the same time. Maslow wanted to find positive motivation as to why people react or engage in certain behaviors. He felt that basic survivalRead MoreMaslow s Hierarchy Of Needs1295 Words   |  6 PagesMaslow’s hierarchy of needs (p. 379 in EP)? Outline each level and discuss how it relates to motivation. Abraham Maslow was born in 1908 in Brooklyn, New York. He originally studied law because of the influence of my parents, but after marrying his first cousin, Bertha Goodman, and moving to Wisconsin, he became interested in psychology. After achieving his Masters in Psychology, Maslow moved back to Brooklyn and started teaching at a school there. â€Å"One of the many interesting things Maslow noticedRead MoreMaslow s Hierarchy Of Needs982 Words   |  4 PagesAbraham Maslow was one of the most influential and important educational psychologists and is recognized by many for his theory on mankind’s hierarchy of needs. Maslow’s theory which is known as â€Å"Maslow’s Hierarchy of Needs† is best explained as a pyramid of needs that we as humans must meet in order to progress to another stage of needs. There are five stages in the pyramid of needs and they go as follows: physiological, safety, love and belongingness, esteem, and finally self-actualization. MaslowRead MoreMaslow s The Hierarchy Of Needs1769 Words   |  8 Pages Summary of Maslow’s The Hierarchy of Needs Jennifer Thompson Arkansas Tech University Author Note This individual research paper is being submitted on October 13, 2014 for Loretta Cochran’s Management [BUAD 3123] course. â€Æ' Summary of Maslow’s The Hierarchy of Needs Abraham Maslow developed the theories of motivation because he felt that the sophistication of human behavior could not be portrayed through reinforcement or rewards. He felt that human action were directed toward realizationRead MoreMaslow s Hierarchy Of Needs1498 Words   |  6 Pagesjust want to survive in life they want to flourish. Maslow s hierarchy of needs explains to us a ranking of needs for most essential to the least. While the interactionist point of view explains how humans are social creatures and social interaction is just as important as all of the other needs listed on Maslow’s Model. Maslow s hierarchy of needs is a ranking of needs for most essential to the least. Corrections Today explains that Abraham Maslow was an American psychologist born in New York, heRead MoreMaslow s Hierarchy Of Needs1846 Words   |  8 PagesAbraham Maslow developed the Hierarchy of needs (HON) to try and explain human psychological developments and how these manifest themselves into a worker’s life. We will explore some issues brought up by the model and why it may lack a certain the degree of unification and how it could potentially work better if entwined with other views. Motivation is the â€Å"word derived from the word ’motive’ It’s the process of stimulating people to actions to accomplish the goals† (guide, 2017) Also, MaslowRead MoreMaslow s Hierarchy Of Needs Essay1527 Words   |  7 Pages This international technology company demands strong motivation, stupendous leadership and great understanding between workers. Leaders need to create willingness amongst the employees to operate at their highest potential; this willingness is referred to as motivation. This report is based on a content/needs theory of motivation (Maslow’s hierarchy of needs). It consists of two pieces of primary research on the theory. The first one summarises worker motivation on selected construction sites inRead MoreMaslow s Hierarchy Of Needs1388 Words   |  6 Pages Abraham Maslow was an American philosopher who was born in the early 1990 s in Brooklyn, New York. He was one of the leading theorists that promoted humanistic psychology during his era. Maslow sought to understand what motivates and inspires individuals. He theorized that individuals possess and hold a group of motivation and incentive systems not related to plunder or insensible desires. Maslow declared that people are motivated and provoked to attain certain needs. When one need is fulfilled

Oliver Wendell Holmess Relationship With Morality

A substantial debate over the law’s relationship with morality exists within the legal system. This debate gained new perspective when Oliver Wendell Holmes published The Path of Law in 1897, which outlined his view on the relationship between the law and morality. This paper will first consider whether or not Holmes believed that a writing must be moral in order to constitute a law. Next, we will explore my general agreement with Holmes’ view on this matter. Then, the paper will consider an objection to my agreement with Holmes, and then reply to that objection. Finally, we will end by analyzing the discussion of the relationship between morality and law. In this paper, I will argue that Holmes does not believe that a writing must be†¦show more content†¦With a solid understanding of the nature of law according to Holmes, one may now determine whether or not Holmes viewed morality as a necessary condition for a writing to be considered a law. Based on the nature of the law outlined by Holmes, one can conclude that Holmes did not believe that a writing must be moral in order to constitute a law. As we have seen, the law is nothing more than a mechanism of prediction (Holmes, 184). According to this definition, a writing does not have to be grounded in morality in order to be considered a law, but rather just has to play a role in this prediction mechanism. In order to be considered a law, a writing must be a prediction of how state force will be used in the future or a past legal decision which could help make more predictions about how state force will be used. This leaves morality out of the necessary conditions of a writing to be considered a law. Holmes goes as far as to say that moral language confuses the distinction between morality and law (183). Furthermore, he says that he â€Å"often doubt[s] [whether] it would not be a gain if every word of moral significance could be banished from the law altogether† (H olmes, 185). This is in spite of Holmes noting that the law â€Å"tends to make good citizens and [morally] good men† (183). Also contrary to the hard line Holmes draws between morality and law, Holmes states that the law shows us the history and progression of morality in humans (183). These two facts show thatShow MoreRelatedOliver Wendell HolmesView On The Relationship Between The Law And Morality1560 Words   |  7 PagesA substantial debate regarding the law’s relationship with morality exists within the legal system. This debate gained new perspective when Oliver Wendell Holmes published The Path of Law in 1897. This work outlined Holmes’ view on the relationship between the law and morality. This paper will first consider whether or not Holmes believed that a writing must be moral in order to constitute a law. Next, the paper will explore my general agreement with Holmes’ view on this matter. Then, the paper willRead MoreTorts study notes Essay171 10 Words   |  69 Pagesreviewed the record of early tort writings to determine what support they could find for this theory; they ended up merely reporting that â€Å"with the benefit of hindsight, it is possible to find . . . prefigurings of the modern economic approach in Holmes’s chapters on tort law and later articles by Ames and Terry.†19 Beginning with its first edition in 1941, the influential Prosser treatise suggested that deterrence, while it sometimes â€Å"has weight† in tort opinions, â€Å"seldom† is the â€Å"controlling† factor

Balloon Car Free Essays

Jesse Pinkman Balloon Car Project DESIGN COMPANY INFORMATION Well our business company is comprised of Nick Wilson and I, Thomas Kinley. Our Company’s name is That Company ®. I am the President, The CFO, and the Director of all Operations of That Company. We will write a custom essay sample on Balloon Car or any similar topic only for you Order Now My engineering experience will really enhance our chances of winning this and making even more cars. I’ve worked for many toy companies to get cars running. I think our idea will help Iowa’s kid have fun and save the world because of the recycled materials. This will benefit students by giving them something to play within their free time instead of watching TV. PROJECT STATEMENT The project that is at hand is very simple it is making a balloon powered car out of simply recycled materials. This will help kids of Iowa learn about wheels and axles. It will also teach them how to make the most out of materials that could be recycled. This will also teach the kids about the Laws of Motion, friction, and acceleration. Basically our project will be distributed to teach kids about many different things in science. PRELIMINARY DESIGN My design will start with an empty pop can, and then I will screw holes for the axles (pencils) to go into. Then I will shave the pencils for the least amount friction, and then I will stick the milk carton caps on as my wheels. I will spray WD-40 on to really loosen up the axle. I am going to cut some of the can off for aerodynamics. My car will win because it will be aerodynamic, little friction, but still a lot of acceleration. How to cite Balloon Car, Papers

Mergers and Acquisitions free essay sample

Mergers and acquisitions have become an important medium to expand product portfolios, entering new markets, which would enable the company, compete on a global scale (Yadav and Kumar, 2005). However, there have been instances where mergers and acquisitions are been entered into for non value maximizing reasons i. e. to just build the company’s profile and prestige (Malatesta, 1983; Roll, 1986). However, it is important to note that mergers and acquisitions do not regularly create value for shareholders. Many mergers and acquisitions fail as well. Failure occurs and it deteriorates the wealth of the shareholders when the integration process for mergers and acquisitions does not work in proper flow. Almost two thirds of the firms who enter into mergers and acquisitions result into failure, which leads to divestures at a later stage (Schweiger, 2003). 1. 1 Definition of Mergers and Acquisitions While the terms mergers and acquisition are often used interchangeably, these two terms are different. We will write a custom essay sample on Mergers and Acquisitions or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the academic literature, there are a number of authors who define merger, acquisition and takeover differently. A merger is said to occur when two or more companies combine into one company. (Sudarsanam, 1995). The shareholders of the combining firms often remain as joint owners of the combined entity. In mergers, there is complete combination of the assets and liabilities as well as shareholders’ interests and businesses of the merging companies. However, according to Sherman and Hart (2006), a merger is a combination of two or more companies in which the assets and liabilities of the selling firms are absorbed by the buying firm. Gaughan (2002) looks at a merger as a process in which two corporations combine, only one survives, and the merged corporation ceases to exist. Mergers or amalgamation mat take two forms: Merger through absorption and Mergers through consolidation. Absorption is a combination of two or more companies into an existing company. All companies except one lose their identity in a merger through absorption; On the other hand, consolidation is a combination of two or more companies into a new company. In this form of merger, all companies are legally dissolved and a new entity is created. In a consolidation, the acquired company transfers its assets, liabilities and shares to the new company for cash or exchange of shares. An acquisition on the other hand, is the purchase of an asset such as a plant, a division or an entire company. Sudarsanam (1995) defines acquisition as an ‘arms- length deal’, where one company purchases the shares of another company and the acquired company is no longer the owner of the firm. An acquisition therefore is an act of acquiring effective control over assets or management of a company by another company without any combination of businesses or companies. While a merger is a transaction between equal partners, acquisitions are used to denote a transaction where a substantially bigger company (the bidder) takes over a smaller company (the target). A substantial acquisition occurs when an acquiring firm acquires substantial quantity of shares or voting rights of the target company. Therefore, two or more companies may remain independent, separate entity but there may be change in control of companies. A distinction between takeover and acquisition is made. The term ‘takeover’ is sometimes understood to connote hostility. Generally speaking takeovers means acquisitions. When an acquisition is a forced or unwilling acquisition, it is called a takeover. According to Gaughan (2002), a takeover occurs when the acquiring firm takes over the control of the target firm. An acquisition or takeover does not necessarily entail full, legal control. . Despite this need to clarify the distinction between these terms which is in line with common practice in academic literature on this subject, Chiplin and Wright (1988) suggests that the terms ‘mergers’ , ‘acquisitions’ and ‘takeovers’ can be used synonymously in an academic study situation. Additionally, as Sherman and Hart (2006) proposes a similar approach arguing that, at the end, the differences in the meaning may not really matter since the result of these processes is often the same i. e. two companies that had separate ownerships are operating under the same roof, usually to obtain some strategic and financial objectives. 1. 2Motives for Mergers and Acquisition Mergers and acquisitions are strategic decisions leading to the maximization of a company’s growth by enhancing its production and marketing operations. The combination of two companies facilitates: 1. 2. Synergy: Another commonly cited motive for mergers is the pursuit of synergistic benefits. This is the new financial math that 2+2=5 (Pearson, 1999) That is, as the equation shows, the combination of two firms will yield a more valuable entity than the value of the sum of the two firms if they were to stay independent. (Sherman, 1998). Synergies can be further discussed as being financial, operatin g or managerial synergies. * Operational Synergy: Operational synergies refer to those classes of resources that lead to production and/or administrative efficiencies (Peck, Temple 2002).