A Report On Succession Planning At Momentum Canada †Free Samples

Question: Discuss about the Report On Succession Planning At Momentum. Answer: Background Information Momentum is a reputable and leading tax, business consulting, and accounting firm in Canada. The company boasts of serving and responding to the needs of its clients both in the private and public sector. Additionally, it offers its services to non-profit organizations. The firm has remained steadfast in strengthening partner-led engagement in providing quality services. Further, Momentum endeavors to provide a cost-effective, collaborative approach as far as doing business is concerned. It suffices to point out that the company has developed strategies geared towards assisting other organizations to attain success in Canada and across the globe. The company is reputable for talent and leadership development[1]. The business activities are aligned to the mission and the need to enhance participatory management. Definition of Terms Succession planning is conceptualized as the entire process involving the identification and the development of a new crop of leaders when vacancies occur as a result of death, retirement, or leave[2]. In business realms, succession involves creating internal people with the ability to take up the key business leadership role in a company. Succession planning enhances the availability of experienced and skilled employees who can assume leadership roles in a company. Several studies have argued that talent mindset ought to be part of an organizational culture aimed at developing good leaders[3]. Indeed, succession management should be guided by the philosophy that top management in a company is central in gaining competitive advantage. By sticking to a good succession plan, a company or an organization is in a position to it employees for promotion or career advancement[4]. Therefore, succession planning is imperative in ensuring that an organization or a company is not hit by leaders hip vacuum if a particular employee exits[5]. Talent and leadership management is defined as processes and activities that occur throughout the life cycle of an employee. These activities include recruitment, training, onboarding, performance management, leadership development, professional development, workplace planning, work assignment, cross-functional roles, transition planning, and the exit process of an employee or a group of employees. It is imperative to point out that organizations often create elaborate models that are aimed at distinctively characterize their development and succession planning. In this endeavor, organizations succession planning must reflect repeated activities for leadership development[6]. The Objectives of the Companys Succession Plan The following objectives guide the company's succession planning: To create efficient mechanisms for the identification of potential leaders who can assume greater leadership roles in the company. To provide the essential development experiences to employees who are qualified to move into key positions in the company. Engaging the leadership so that they can adequately support the development of highly skilled leaders within the company. Creating a database which is used to guide the human resource management in making sound staffing decisions for critical roles. To enhancing the employee retention and satisfaction within the company as a result of continued career development. Countering the challenges that are associated with recruiting leaders externally. The Significance of Thoughtful Transition Planning and Strategic Succession It is imperative to establish from the outset of this report that transition and succession planning are critical to the future success of any company. Succession planning is a complex process that requires due diligence and commitment[7]. In most cases, it is a far more emotional encounter when a long-serving employee or when a founding member of a company has to leave[8]. For instance, a founding member who has founded an organization will find it very emotional to leave owing to the barriers that he/she had passed through; in the transition period. There is often strong attachment to the role and how the specific role is carried out. As a result of these reactions, most people find it hard to plan, or any plan that is developed does not occur in a thoughtful and proactive manner[9]. Certainties often face many organizations as to whether the successor possesses the experience and skills to steer it to success[10]. In many cases, the planning for succession become a challenge becau se the management is often busy based on the operational demands[11]. In most cases, more than fifty-percent of companies have no formal plan for succession. The company was awareness that the completion of a founders cycle of contribution to the company is imperative. It suffices to point out that proper succession and transmission planning requires transparency to avoid surprises. Additionally, the company in implementing its succession plan focused on leaders who have the ability to steer it to the next level in the coming future. The leader who is chosen to succeed the exiting leadership ought to be accepted and supported by other employees. The company has stressed the importance of employees and other stakeholders in the succession process. Additionally, the company has laid strong emphasis on candidates who are actually committed to the priorities, purpose, and vision of the company. The companys succession planning is centered on harmonizing three integral elements that include the vision, leadership and culture within the company, and the strategic direction of the company. The company aligned these three aspects for the strategi c selection of its successor. This step is imperative to ensuring that there is continuity of qualified leadership in the company. For the company, succession planning is aimed at enhanced growth[12]. The Process and practices of Succession in Momentum Company When Hossli who was the executive director of the company made an announcement regarding transitioning out of the company, he did this three years before exiting. The executive in this endeavor hired a coach who would assist him in his initial steps of departure. Additionally, Hossli sought assistance from two colleagues who worked in the private sector to help him. These two colleagues had undergone the succession process, and as such, they were able to avail insights and pieces of advice based on their personal experiences to Hossli. Further, the executive director of the company sought assistance from scholars who had vast experience in handling succession and transition. The announcement made by the executive director regarding leaving the company prompted the Human Resources committee to hire a consultant. The consultant developed a detailed and multi-stage succession plan for the company[13]. The plan began with discovery and culminated into the transition to the new leadership. In the multi-stage succession plan, pertinent issues such as the professional duty of defining the role of the executive director and the leadership needs of the company. Additionally, the plan focused on the facilitation of the decisions of the Board concerning the selection of the candidate and how to effectively identify and prepare both Momentum and the successor for a seamless transition. It is worth noting that the company identified and developed the crucial roles in the succession plan. This was integral in guiding the final assessment and confirmation of the successor. In doing so, the company highlighted the key motivational and the competencies regarding the prof ile need to partake in the role of the executive director. Key importance was attached to preparing employees to be ready to advance in key roles in the organization[14]. It is imperative to note that externally there was growing demand for Momentums services. This meant that the companys operations could not be affected or disrupted by a succession. In this regard, the management endeavored to continue meeting the needs of its customers while going ahead with the success plan. It is vital to point out that focusing on the internal environment of the company; its culture has always been embedded to ensure the competitive edge. The succession plan was designed to adhere to and strengthen the culture of the company. In the succession and transition, there was the realization that mentorship, significant knowledge transference, and interpersonal communication within the company was instrumental[15]. Additionally, there was the need to keep a good relationship with the outside stakeholders who had some uncertainty regarding the future of Momentum. For the company, the consultant acted as a third party between the staff and the board. The consultant developed an active profile of the future executive director. Additionally, the consultant was able to implement the executive director candidate feedback mechanism that was based interviews and surveys. Further, the consultant developed a leadership development plan that would guide the internal successor candidate. This detailed planning ensured collaboration and transparency in trying to choose the right successor. In developing the profile of the executive director the company undertook several tasks that including the following: Engaging in comprehensive document reviews that were conducted through company charts, role descriptions, and strategic plan. The company conducted intensive surveys and interviews the leadership and the board of management. The interviews and surveys were central in collecting further information about the successor in relation to the role specifications. There was an in-depth and thorough culture assessment so as to aid in gaining the full perspective of the companys culture. Cultural aspect was critical because it acts as a tool for the definition the values, attributes, and the requirements that are useful for the new executive director[16]. Organizational culture is imperative in the process of succession planning owing to the fact that culture defines the values and the ways of carrying out activities. After the consultant drafted a clear profile and applied in developing an updated executive director job description, the company had to make a decision based on the where the new executive director should come from; whether internally or externally. The company had two choices to make between searching for the new executive director internally or externally. The board of directors initially opted to begin the search for a new executive director externally. It suffices to point out that in the meantime, they were also considering the suitability of Jeff Looms who was part of the leadership in the company as a possible successor. After some time, the board of directors decided to evaluate the credentials of Jeff Looms potential and capacity for the success in the role of executive director. The decision to evaluate Jeffs credentials was informed by the Momentums strength and depth defined by the strong culture. The companys leadership was aware that by selecting an internal candidate would guard against compromising the culture of the company. Furthermore, by choosing an internal candidate, the company would be able to strengthen its existing culture[17]. Assessment Assessment is a critical practice in succession planning[18]. It is essential to point out that there are no specific guidelines for conducting the assessment. As such, different organizations use various mode of assessment. Several studies have shown the organizations and companies are struggling to locate practices that are practical in the process of succession planning. Evidence shows that leaders who only act on gut or instinct do not produce good outcomes. Assessments carried out through numerous methods are the best because they examine various aspects of the candidates. Multiple assessments, therefore, provide a way in which potential key leaders can be judged based on the right facilitation and tools[19]. In the case of the Momentum Company, cognitive, personality testing, and team-based interviewing was applied in searching for the next executive director. Indeed, assessing an individuals ability to manage complex job requirements and the formulation of a robust operational definition of business intelligence. The company leadership worked towards minimizing bias in the selection of the new executive director and selecting a qualified candidate for the position; it made a decision to Evaluate Jeffs abilities against the criterion established in the executive director profile. The evaluation was planned to take place a period of eighteen months, and this involved a total of three hundred and sixty assessments. These evaluations were aimed at enhancing transparency within the company. The rest of the company team was made aware of the fact that Jeff Looms was being considered to be the next executive director. This announcement provided all the team members with the opportunity to join what was essentially an extended job interview[20]. According to the board of directors, if Jeff failed in any of these assessments then they will be prompted to explore the external search for the next executive director. Lack of progress or any regress on the internal candidate would automatic lead to revoking of his candidacy for an external candidate. The company through its board of directors made it clear to Jeff that his appointment to the position of executive director will only be based on meritocracy. Additionally, Jeff was aptly and promptly informed that he would not be offered the job as an executive director of the company as a result of his role in Momentum. At this moment, the board of directors decided to confirm Jeff as the internal candidate for the next executive director. The decision by the board prompted the consultant to offer advisory and supported the companys staff as the transition plan was developed. It suffices to point out that an effective integration was integral in the transition plan of Momentum[21]. On his part, Jeff was to face new challenges as the new executive director. Additionally, he was meant to hold a vital strategic position within the company. To ensure that the transition was a success, the transitional plan was tailored to take place in two phases. These phases included the transition plan and the development plan. The Development phase In this phase of the transition, there was regular coaching in the company. The training entailed general decision-analysis sessions[22]. The company leadership also conducted meeting debriefs. It suffices to point out that the external coaching centered on the new successors key development goals. These development goals were central developing a comprehensive understanding of the companys context so as to support the transition and the succession plan fully. Furthermore, the company identified specific leadership courses were identified regarding the development goals that entailed change management, financial management, and active listening[23]. It suffices to mention that during the development process, many measurable processes were put into place so as to gauge the performance of the successor[24]. To achieve these measures, the company focused on the following: first, there was a focus on a development plan that built on concrete measures that were aimed at assessing the performance of the successor relating to the identified development areas. Additionally, the company laid emphasis on accountability agreement that outlined appropriate measures of progress. Secondly, the company conducted two more 360 assessments. One of the 360 assessments was carried out as a mid-point check-in. With this assessment; both the board of directors and the staff of the company had the opportunity to give their input. The final 360 assessment was conducted in order to give the successor the confirmation as a preferred internal candidate[25]. At this point, members of the board had the privilege for an informal evaluation of the successors progress. Some organizations succession plans are characterized by confidentiality, handpicking of executives, and rigidity in picking successors. At Momentum, the succession plan is more fluid, very transparent, and a process that leads to the identification of talented and qualified leaders. Additionally, Momentums succession plan sufficiently incorporates development programs that are tailor-made to prepare employees for top leadership roles. At Momentum, succession planning is an integral part talent management. The Transition Phase This plan focused mostly on the outgoing executive director, the human resource department, and the successor. This plan was spread over a period of seven months. It suffices to point out that every month in the transition plan provided the guide for transitioning particular area of roles forms the outgoing successor over to the successor. The company endeavored to provide both the staff and the board members with copies of the transition plan so as to keep them abreast with what was happening in the transition process. During this phase of succession planning, there was a lot of information and primary knowledge that was transferred[26]. There was coaching at every month of the transition plan between the successor and the outgoing executive director. The successor also had the opportunity to interview the outgoing executive director regarding the role, challenges, and opportunities of an executive director. It is worth noting that to reflect that the company was undergoing transiti on, the successor acquired the title Associate Executive Director. The Results The succession planning in Momentum Company was a success. This success was attributed to adequate preparations, the effort given to the succession planning, and transparency. The succession planning was seamless. When the successor stepped into the role of the executive director, he has already experienced responsibilities in the role in several aspects. The company has shown a continued strong operational outcome after the succession planning. Further, the company boasts of the prudent financial management and continued program results. All these attributes point to the fact that the succession planning was indeed seamless in the company[27]. There has been an external validation of the succession planning by the companys annual funder survey. The succession planning at the company has been considered a major success was because it gave all stakeholders the opportunity to be involved in the process. Further, the succession planning at the company showed no negative perception of th e companys stakeholder[28]. The company has continued to make meaningful and measurable progress towards achieving its mission. Key Lessons from the Case From the case of Momentum Company, it is very clear that the value of prioritization and preparation is crucial. Companies ought to recognize and be thoughtful of succession planning as an intellectual process and planning. The succession planning and the process are equally emotional. Furthermore, leadership plays an integral role in the success of the plan. In this regard, it is imperative that the Momentum dedicated both resources and time to ensure that the process was a success. Secondly, in the succession planning and process, transparency is important. It suffices to point out that one of the measures that the company stressed on in order to promote collaboration and transparency was creating a connection with all board members, external stakeholders, and the staff. This initiative allowed everybody to partake in the process of succession effectively. By doing this, the company was able to address all risks and uncertainties in real time. Further, the company cemented stronger relationships with other stakeholders along the way. Ideally, the benefits derived from an external communication plan provided for an appropriate relationship with the business community[29]. Third, for proper succession planning, all stakeholders need to collaborate effectively. During the succession planning at Momentum Company, there are considerable gains that were made by engaging the whole leadership team and the staff in coming up with the success plan. The enhanced collaboration provided the opportunity for various perspectives on how the succession planning should be done[30]. Fourth, the succession planning should embrace a holistic approach. It suffices to point out that despite the fact that this plan focuses so much on the transition, the company should not forget that the process is only one of the numerous roles of the leadership teams[31]. Therefore, there is need to invest in the significant development of all staff to enhance their chances of being leveraged within the company. In conclusion, the process of succession planning is robust and participatory. In the succession plan, the company stresses on the need of developing employees leadership capabilities so as to fill leadership gaps that may arise. Further, the company uses several assessments as a way of gauging and determining the suitability of candidate selected as successors. It is important to note that when companies are managing with talents internally, there is need to seek for the right people. These are individuals who are moving in the direction of the businesss mission and vision. Accordingly, a good succession planning strategy contributes to employees retention and a bright future for the organization. In approaching the succession planning, the company hired a consultant who provided useful insights into the process. By carrying out the succession planning in two phases, the company provided enough time and resources to examine the candidate for the role of executive director. Its visio n and mission guide the company's succession planning. It is worth noting that developing a seamless succession planning reduces the potential harm to the stakeholders. In a nutshell, the company has been successful in its succession processes because it has continued to a financial powerhouse and the production process has been satisfactory. 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Facebook Acquires Whatsapp - Free Assignment Sample by Expert

Question: Discuss about acquisitions of Facebook and Whatsapp? Answer: Mergers and acquisitions are the best ways by which the management can ensure that they get an opportunity to have their presence in different areas of business. It is merely impossible for any business to develop products or services in all the different areas and this is when merger and acquisition comes into picture. Merger and acquisition allows the business to spread its wings and this is one of the simplest ways by which the business can enter diversified market, diversified technology and also diversified industry. Mergers and acquisitions may seem simple externally but the management of both the organization will have to undertake plenty of activities so that the functioning of business can be smooth. Corporate strategies, corporate finance and management of both the organization would have been completely different than that of each other. They will have to reach mutual terms so that the new organization can operate efficiently (Forbes 2014). After due consideration, Facebook decided to buy WhatsApp. Most of the industry analysts state that this decision cannot be considered to be appropriate but it is not true. $19 billion is a big amount and if Facebook has decided to make an investment on WhatsApp then they would have considered all the possible factors. Irrespective of the fact that Facebook and WhatsApp are two different things, this merger is considered as one of the major acquisition in the year 2014. Facebook is a very popular social media and hence, people from different corners of the world are addicted to it but there are people who still prefer to stay away from Facebook. This is not the case with WhatsApp. Most of the people today are dependent on Whatsapp so that they can stay in touch their real friend. By way of acquiring Whatsapp, Facebook can ensure that they have their presence in social media as well as messaging service. This will allow them to dominate the complete teen market (MacBride 2014). In the past, Facebook had clearly stated that they are noticing a drop in the number of teen Facebook users. Facebook tried multiple strategies so that they can attract the young crowd but things didnt work for Facebook as planned. The ultimate goal of Facebook is to ensure that they should play a keen role in social media. They want to have their presence in places wherein people interact and socialize with each other. Apart from that, Facebook is trying its level best since long to have its presence in messaging and chat service. Facebook twice tried to buy Snapchat. Snapchat is a photo chat application. Snapchat revoked the offer both the times as they were not satisfied with the price that was offer. In the year 2011, Facebook messenger was introduced but that was a failure as most of the people dont prefer to have it in the mobile (Forbes 2014). Acquiring Whatsapp, for Facebook, is more than that of having a chat application wherein people can interact with each other. With the help of Whatsapp, Facebook will get access to a wide range of database. Facebook can also understand and use the data to understand the mobile usage pattern of the Whatsapp users. Most of the people were under the assumption that Whatsapp and Facebook messenger is the same but at the time of merger, Zuckerberg made it clear that it is not a fact. Messenger cannot be used by people at all point of time but Whatsapp is used by people to interact with friends, relatives and colleagues at all point of time. Zuckerberg also made it very clear that Facebook will be investing time, resources and money on Facebook messenger as well as Whatsapp (Mail Online 2014). Looking at the number of users, it can be seen that Facebook has already 1.2 billion active users, every month but the real problem is in reaching another billion. This is one of the areas wherein Whatsapp can add value to Facebook. Whatsapp has its strong presence in different corners of the world and this can add real value to Facebook. Whatsapp has its strong presence in developed markets as well as developing markets. This can be beneficial to Facebook as they can penetrate the market which was impossible in the past. Zuckerberg accepts to the fact that Whatsapp is the clear in countries like Europe, Latin America, Japan, Korea and in a lot of Asian countries. He states that he wants to be a part of social media but he is willing to explore other industries so that the business can explore (Bloomberg Business 2014). Facebook and Whatsapp are two different things. One may say that they both are same as it is used by people to interact with each other but there is something to both the applications. Facebook allows people to share their things, feelings and activities on social media so that all their friends, colleagues and relatives can get to know. One of the major problems with Facebook is privacy issues. Most of the people opted out of Facebook because of the privacy issues associated with it. On the other end, the data shared on Whatsapp is one-to-one and hence, the users felt more comfortable. This is one of the reasons due to which Whatsapp was considered to be a beneficial deal for Facebook (Pawade 2014). Facebook initially introduced chatting both the online users use to chat with each other, whenever both of them are online. This was very popular but then messenger was introduced by Facebook. Messaging is more like email wherein one of the users will drop a message to the other one and the other one will reply to the message on the next day when they will be online. Facebook messenger cannot be used for the purpose of real-time messaging but Whatsapp is used for real time messaging wherein one user can drop a message to the other one and then receiver can reply back to the message immediately. This ensures that people spend more time on Whatsapp rather than that of Facebook (The times of India 2014). Twitter recently introduced messaging service in Twitter. They stated that if two friends are walking on the street and if they see something nice, different or amazing then they will whisper in each others years. Private conversation is loved by people and it cannot be avoided by people at any cost. Due to the introduction of the messaging service, the usage of Twitter has increased by 25%. Facebook after acquiring Whatsapp gets a competitive edge. People today are completely dependent on smartphones and it is seen that the number of people using smartphone has increased drastically. Facebook believes that the features of Whatsapp will be an essential item for the smartphone users in the near future and this is when Facebook will derive the benefits of acquisition. Before the acquisition, the Facebook had its strong presence in the UK and the USA and hence, their revenue source was very much concentrated but that is not the case after the acquisition of Whatsapp. Whatsapp is used in other countries as well and hence, Facebook from have its revenue coming from different areas (CNN Money 2014). There are various things which can be problematic due to the acquisition of Whatsapp by Facebook. The management of Facebook was sure that the benefits of acquisition will overweigh the disadvantages and hence, they decided to go ahead with the deal rather than that of being skeptical about. Few of the disadvantages that were noticed due to the acquisition are discussed below. There are very high possibilities that Whatsapp will also require a registration in the near future. If every new user and the existing user will have to give their mobile number for the purpose of using Whatsapp application then Facebook will be able to create a huge database of mobile numbers. There are also very high chances that the users will not be interested to share their mobile number and hence, the number of users will automatically be reduced. Facebook should consider the fact that Whatsapp is a free application, which doesnt have any advertisements and at the same time, the users arent required to register. This is one of the reasons due to which most of the people are using Whatsapp over other chat and SMS services. If registering is required then Facebook will have to look for ways by which they can attract the customers to register themselves (Volz 2014). Facebook will be getting various advantages of having Whatsapp but this deal was expensive. Facebook had to sheel out $19 billion so that they can acquire one of the most popular chat systems that they have. Facebook has various plans to grow the business and that is one of the reasons due to which they have made this investment but there are high possibilities that some problem may arise when the plan will be implemented. Facebook is considered as one of the richest companies but yes, they will have to justify the investment that they have made. Most of the analyst stated that Facebook would have acquired some other chat system rather than that of Whatsapp. Due to the popularity of Whatsapp, Whatsapp is priced heavily and the room for negotiation for Facebook was very less (Tech Crunch 2014). This acquisition is not only beneficial or problematic to Facebook and Whatsapp as other there are companies associated with these two companies. Snap Chat was having high hopes from Facebook as Facebook was willing to acquire that company before Whatsapp. Initially, Facebook offered $1 billion for acquiring this company but the offer was revoked by Snap Chat. Later Facebook offered $3 billion and again this offer was revoked by Snap Chat application company. The management of Snap chat might be expecting that Facebook will come back to them for the third time with a better offer but Facebook decided to shell out $19 billion to acquire Whatsapp. Snap Chat will continue to operate independently (Facebook Newsroom 2014). The management of Facebook thought that the shareholders and the stakeholders will be more than happy about the decision of acquiring Whatsapp but the shareholders didnt feel so. It was seen that within few hours, the share prices of Facebook fell by 5%. Even months after the acquisition, it was seen that the stock prices was 3% lower than what it was it was in the past. The stakeholders werent happy about the managements decision to pay $19 billion. The shareholders were disappointed and hence, few of the shareholders bought back their Facebook shares. Facebook never thought that the shareholders will be disappointed and during the initial days of acquisition, the management was wondering if there are possibilities for the share prices to fall even more (Strugatz 2014). Plenty of things were considered by Facebook before they decided to go ahead and buy Whatsapp. The management of Facebook considered various aspects so that they can be rest assured about their decision to go ahead with Whatsapp. Few of the things that were considered before Whatapp was acquired by Facebook are discussed below. First and foremost, Facebook thought about the legal issues so that both the companies can be clear about the roles and responsibilities that each one will be playing during the acquisition and also after the acquisition. Facebook checked on the strengths and weaknesses of Whatsapp and accordingly, the purchase contract was prepared. Facebook requested Whatsapp to share their financial history. Facebook wanted to be sure that they are making an investment in the right company. Apart from that, Whatsapp also checked on the competitors who were prevalent for Whatsapp. Facebook also kept their options open so that they can acquire some other company, if that seems to be better than that of Whatsapp. The condition of the assets at Whatsapp was considered before commitment to the management of Whatsapp. Lastly, the operations of both the companies after acquisition were discussed. This ensured that the employees of Whatsapp will continue to work as they were doing in the past (BBC News 20 14). Facebook knew that this is going to be an expensive deal but the management of Facebook wanted to be rest assured that the money that they investing is worth. Once it was finalized that Facebook will be acquiring Whatsapp at the cost of $19 billion, Facebook took some time to decide if it is possible for them to make this arrangement. They considered various funding options so that they can be aware of the various sources of finance. Before making arrangements for cash, the management decided to check on the assets that are available, the condition of assets, and the experience of the employees in the organization, the skillsets that the employees possess and also the trainings that they will require in the near future. The physical land and also the equipment will be evaluated. Facebook evaluated the books of account in-depth so that nothing is left out. The accounts payable, accounts receivable and patents will be verified so that last minute confusions can be avoided (Yahoo Financ e 2014). Management of the business was well considered by Facebook so that they can manage both the organizations efficiently. The management of Facebook decided to clear communicate on the roles and responsibilities that will be handled by both the organizations. The management of Facebook wanted some time to learn about the business operations and hence, they decided to allow Whatsapp to continue with the operations as they did in the past. Apart from the regular activities, both the organizations also decided on the final decision making authority that will be held by different management members. There was a non-disclosure agreement between both the companies so that none of the confidential information is shared with the third party. After all the due consideration, it was decided that this acquisition shouldnt create any impact on the users. Facebook also wanted things to be as it is because if some changes in the application then there are very high chances that the end-users will not accept it. This will be a loss to Facebook and they were not willing to take this risk (Wood 2014). This deal is beneficial to both the companies and hence, they decided to go ahead. Whatsapp is already having 450 million users and they are continuously growing. It is seen that there are many people who are using Facebook but they havent installed Whatsapp. Such users will install Whatsapp and hence, the user base for Whatsapp will grow. The business model of Whatsapp has the potential to grow further. This application can be installed for free of cost and hence, adds on to the possibility of being used by many. After using the application for one year, the user just needs to 0.99 cents and this is very affordable by everyone. This is one of the reasons due to which Whatsapp will grow without any stoppage. Irrespective of the fact that Facebook and WhatsApp are two different things, this merger is considered as one of the major acquisition in the year 2014. Facebook is a very popular social media and hence, people from different corners of the world are addicted to it but there are people who still prefer to stay away from Facebook. The ultimate goal of Facebook is to ensure that they should play a keen role in social media. They want to have their presence in places wherein people interact and socialize with each other. Most of the people were under the assumption that Whatsapp and Facebook messenger is the same but at the time of merger, Zuckerberg made it clear that it is not a fact. Messenger cannot be used by people at all point of time but Whatsapp is used by people to interact with friends, relatives and colleagues at all point of time (The guardian 2014). Messaging is more like email wherein one of the users will drop a message to the other one and the other one will reply to the message on the next day when they will be online. Due to the introduction of the messaging service, the usage of Twitter has increased by 25%. Facebook after acquiring Whatsapp gets a competitive edge. Before the acquisition, the Facebook had its strong presence in the UK and the USA and hence, their revenue source was very much concentrated but that is not the case after the acquisition of Whatsapp. There are also very high chances that the users will not be interested to share their mobile number and hence, the number of users will automatically be reduced. Facebook should consider the fact that Whatsapp is a free application, which doesnt have any advertisements and at the same time, the users arent required to register (Sequoia Capital 2014). Once it was finalized that Facebook will be acquiring Whatsapp at the cost of $19 billion, Facebook took some time to decide if it is possible for them to make this arrangement. They considered various funding options so that they can be aware of the various sources of finance. The management of Facebook wanted some time to learn about the business operations and hence, they decided to allow Whatsapp to continue with the operations as they did in the past. Apart from the regular activities, both the organizations also decided on the final decision making authority that will be held by different management members. It is seen that there are many people who are using Facebook but they havent installed Whatsapp. Such users will install Whatsapp and hence, the user base for Whatsapp will grow. The business model of Whatsapp has the potential to grow further (Time 2014). Facebook and Whatsapp is one of the biggest acquisitions that have taken place in the year 2014. Stakeholders are still confused regarding the future if the deal. Facebook and Whatsapp have promised the end user that no change will be seen in the application. Apart from that, the management of Facebook has stated that Whatsapp will continue to operate separately as they were doing in the past. Both Facebook and Whatsapp are going to benefit from the acquisition. Whatsapp has got $19 million and this is a chance for Facebook to reach the customer base which wouldnt have been possible otherwise. Facebook strongly believes that this deal is not expensive because they can reach the customers who wouldnt have been possible otherwise (Reuters 2014). References Volz, D, 2014, Feds ApproveFacebookAcquisitionofWhatsApp, National Journal Daily, ISSN 2158-3862 Pawade, A, 2014, Impact of Whatsapp on Facebook, International Journal of Engineering sciences and research technology, Vol. 3, no. 7, pp. 147-150 Strugatz, R, 2014, Decoding Facebook and Whatsapp, WWD, Vol. 207, no. 45, pp. 1 Wood, N, 2014, EC approves Facebooks Whatsapp Buy, Total Telecom Online, ISSN 1740-1267 MacBride, E, 2014, Insights on staffing, growing fast and finance, understand what attracts a Whatsapp type team, Crains New York Business, Vol. 30, no. 10, pp. 12-16 Forbes, 2014, Facebook Closes $19 Billion WhatsAppDeal, Viewed on April 08, 2015, https://www.forbes.com/sites/parmyolson/2014/10/06/facebook-closes-19-billion-whatsapp-deal/ Forbes, 2014, Three Smart Lessons From Facebook's Purchase OfWhatsApp, Viewed on April 08, 2015, https://www.forbes.com/sites/adamhartung/2014/02/24/zuckerbergs-3-smart-leadership-lessons-from-facebook-buying-whatsapp/ Mail Online, 2014, Facebook completes its $22 billion acquisition of WhatsApp after European regulators give the green light, Viewed on April 08, 2015, https://www.dailymail.co.uk/sciencetech/article-2782370/Facebook-completes-19-billion-acquisition-WhatsApp-European-regulators-green-light.html Bloomberg Business, 2014, Facebook $22 Billion WhatsApp Deal Buys $10 Million in Sales, Viewed on April 08, 2015, https://www.bloomberg.com/news/articles/2014-10-28/facebook-s-22-billion-whatsapp-deal-buys-10-million-in-sales The times of India, 2014, Facebook buys WhatsApp: CEO Mark Zuckerberg explains why, Viewed on April 08, 2015, https://timesofindia.indiatimes.com/tech/tech-news/Facebook-buys-WhatsApp-CEO-Mark-Zuckerberg-explains-why/articleshow/30714548.cms CNN Money. 2014, Facebook buys WhatsApp for $19 billion, Viewed on April 08, 2015, https://money.cnn.com/2014/02/19/technology/social/facebook-whatsapp/ Tech Crunch, 2014, Facebook Buying WhatsApp For $19B, Will Keep The Messaging Service Independent, Viewed on April 08, 2015, https://techcrunch.com/2014/02/19/facebook-buying-whatsapp-for-16b-in-cash-and-stock-plus-3b-in-rsus/ BBC News, 2014, Facebook to buy messaging app WhatsApp for $19bn, Viewed on April 08, 2015, https://www.bbc.com/news/business-26266689 Facebook Newsroom, 2014, Facebook to Acquire WhatsApp, Viewed on April 08, 2015, https://newsroom.fb.com/news/2014/02/facebook-to-acquire-whatsapp/ Yahoo Finance, 2014, Must-know: Facebook acquires WhatsApp for $19 billion, Viewed on April 08, 2015, https://finance.yahoo.com/news/must-know-facebook-acquires-whatsapp-162740629.html The guardian, 2014, WhatsApp: Facebook acquires messaging service in $19bn deal, Viewed on April 08, 2015, https://www.theguardian.com/technology/2014/feb/19/facebook-buys-whatsapp-16bn-deal Sequoia Capital, 2014, Four numbers that explain why Facebook required Whatsapp, Viewed on April 08, 2015, https://sequoiacapital.tumblr.com/post/77211282835/four-numbers-that-explain-why-facebook-acquired Time, 2014, Facebooks WhatsApp Acquisition Explained, Viewed on April 08, 2015, https://time.com/8806/facebooks-whatsapp-acquisition-explained/ Reuters, 2014, Facebook to buy WhatsApp for $19 billion, Viewed on April 08, 2015, https://www.reuters.com/article/2014/02/19/us-whatsapp-facebook-idUSBREA1I26B20140219

Objective Correlative College Essay at a Glance

Objective Correlative College Essay at a Glance In the example of absence of the time that you're able to get an affordable dissertation. A quick sentence is utilised to make the emotional resolution of the admission essay. If students find it impossible to locate the answers, then they have to include more facts. Do not neglect to take your notes into consideration when thinking of potential questions. Each sort of writing has an exceptional use. Such an essay, along with other types, is composed of 3 standard parts which are the introduction, the major body, and the conclusion. 1 final issue to bear in mind is you might hear about subjective and objective instances of nouns. An article is a rather common kind of text nowadays. There are a number of ways to begin an essay, so this would solely count on the concept you've got in mind. Besides the situations that you should always bear in mind, in addition, there are some things which you shouldn't do when creating the co ntent of your college essay. When it has to do with writing about subjective or objective info, you will need to get used to the sort of language used to communicate it. It's important to see the strength in writing objectively. It could be easiest to list all the essential ideas you wish to convey first, followed by their various information. Even then you're not able to discover the informative and accurate details. Objective information on the opposite hand is intended to be completely unbiased. Subjective information whether it's in written or spoken form is normally thought of as a single person's opinion. What You Need to Do About Objective Correlative College Essay Beginning in the Next 6 Minutes Upcoming college students might also be requested to compose a college essay for a portion of their first requirements. Sometimes whenever you don't know the best places to begin, it will help to comprehend what colleges are seeking. Colleges want a feeling of maturity an d introspectionpinpoint the transformation and demonstrate your private growth. They are more likely to admit students who can articulate specific reasons why the school is a good fit for them beyond its reputation or ranking on any list. The Most Popular Objective Correlative College Essay Objective information has the power to be counted or described. Furthermore, the essay must incorporate the applicant's involvement in activities that are related to the degree he or she wants to pursue. A career essay describes your objectives, reveals your nature and projects an awareness of purpose. To begin with, there shouldn't be a mismatch between your own personal objectives and the goals of the graduate program. When it isn't the sort of essay you wish to see, then you are able to keep shopping for the next firm. If quality work is all you want, you should look at giving us an opportunity to obey you and offer you with college essay help that will provide you with value for each penny you pay. Possessing the appropriate understanding of what an ideal paper appears like will be as vital in school because it will be in the true world. Therefore, it is necessary to begin with lots of material. A Startling Fact about Objective Correlative College Essay Uncovered You should come up with an idea based on the way in which the documentary touched you. Being objective is having the ability to remove yourself from the personal emotions and thoughts you might have about the topic, while being in a position to examine fairly and critique either side of the argument you're discussing. For that reason, it's always recommended that you watch the documentary more often than once as a way to properly digest it and know what it is about. The narrative structure the way the foundation for a lot of American films today. College essays are a necessary portion of your college application and a great way to showcase who you are. It is essential for the student to bear i n mind that not all suggestions must be accepted. The very first items students have a tendency to think of are usually their phone or their PC. Too many students don't supply enough examples. Academic papers need you to identify a specific angle to pursue in writing, which is going to be the basis of the paper. Review what you've been requested to address in your essay. College admissions essays frequently have an extremely limited word count, so take advantage of every word. Make sure to provide your essay a good theme or thesis. Objective writing is quite a bit more challenging to master for most writers. Reflection is the secret to accelerated learning. Individual schools sometimes need supplemental essays. When it has to do with writing college admissions essays, some students know just what they would like to write about. You'll have established the appropriate mindset to attack the exceptional challenges of college admissions essays. Enable the writer understand what you like about the essay. Through long and thorough commentary on every essay, Robinson shows why narrative is precisely the type of structure which works best for personal essays. As an illustration, whenever you don't have enough time to do an appropriate research and publish an essay, you have the ability to use custom essay writing service.

Best Books on Essay Writing - Where to Find Them

Best Books on Essay Writing - Where to Find ThemSearching for the best books on essay writing can be difficult, especially if you are not sure where to look. These handy guides to writing essays can help you along the way as you finish your sophomore year of college.Many students that enter college at this point in their lives do not know what they want to do with their life or even have any idea what courses they will take in their field of study. For this reason, students start to look for books on essay writing in the school library. Finding this type of resource will not be easy, but there are several resources available that can help you. Here are a few of them:Books on essay writing by colleges and universities are often required for schools offering online programs. These books are great resources for anyone interested in taking an online program. They will give information on the courses that are offered as well as curriculum requirements for the degree that they offer.If you plan on taking college courses that do not fit into your major, such as an online English course, then there are books on essay writing by colleges and universities that can be very helpful. These books are created to help people who want to take courses that are different from what they know and to help with things such as reading materials and guides to courses that students might be interested in taking. They can also give students advice on the course that they are taking.By looking online for books on essay writing, you will find several options for what you can purchase. Many of these books will come with tips that are very useful, as well as a lot of information. These books can also be a great resource for when you are researching a course and finding out what it takes to complete the course.Writing guides can be a great resource for anyone looking for a guide to writing for college or online courses. This is a book that is full of everything that you need to know about wri ting and how to get past the learning curve. You will learn not only how to write a good essay, but you will also learn how to organize and improve upon your writing skills.You can even find some online essay writing guides that are good enough to be considered guides. These guides usually contain a list of topics that are covered in the guide, but most of the time they will go into more detail than this. It is up to you whether or not this is the kind of guide that you would want to purchase.Online resources for writing are becoming increasingly popular with many different people. Since so many people are now taking online classes, finding resources to help them is easier than ever before. These guides can help you when you want to write an essay on any topic or for any purpose.

Deregul;Ation Of The Electrical Industry Essays - Economy

Deregul;Ation Of The Electrical Industry Deregulation of the Electrical Industry The roots of modern day regulation can be traced all the way back to the late 1800's and found in the form of antitrust. By the beginning of the 20th century, the U.S. government had formed the interstate Commerce Commission to regulate the railroad industry, and shortly thereafter, many other regulatory commissions were founded in the transportation, communication, and securities fields. The main goal of these regulatory commissions was to create a reasonable rate structure that would be appealing to both producers and consumers. While this system has worked for many years, it has recently come under heavy criticism, with many people pushing for open competition among electric power producers. Although once believed to be an impossible proposal, competition among electric power producers is finally a reality in a few areas. Massachusetts is just one state where legislation implemented to create competition among electric power producers is not only favored by the people of the state, but has also provided significant rate reductions as well. The attempt at regulating price in the electric industry is a troublesome one. The objective is not only to minimize the cost to consumers, but also to create a rate structure that will entice the electric company to remain in the industry. The regulatory commission wants the electric company to have a reason to innovate so that they will be able to provide cheaper power in the future. However, if the commission captures all gains from innovation in the form of lower prices, then the electric company has no incentive to undertake any type of innovation. Therefore, a compromise must be reached which would provide adequate incentives for firms to undertake cost-reducing actions while at the same time ensuring that the price for consumers is not exorbitant. The term regulation refers to government controlled restrictions on firm decisions over price, quantity, and entry and exit. Each factor of an industry must be regulated for producers and consumers to truly benefit. The control of price does not mean setting one fixed price, but rather entails the creation of a price structure for purchasing electricity during peak and non-peak times. The control of quantity refers to the government's attempt to control the amount produced or in this case the amount of electricity produced. For example, in the electric industry, it does not make sense to have a lot of small power plants produce electricity. However, at the same time one company can not be allowed to monopolize the industry and set prices at its own discretion. Another factor in this problem is the control of entry and exit in the electric industry. By controlling who can enter the industry, the government can control who produces the electricity and how much of it they produce. However, the effectiveness of regulation has begun to be questioned, and created the evolution of a more competitive market. Ever since the Public Utility Act of 1935, which in turn created the Federal Power Commission, the role of electric utility regulation and its effectiveness has been questioned. Since that act was passed into legislation, the question has always remained: has electric regulation made a difference? Major studies done throughout the 20th century found conflicting results. A study published in 1962 and conducted by Stigler and Friedland compared the price of electricity in states with regulation to the price in states without regulation. However, at the time all states had electric regulation, so Stigler and Friedland had to go back to the 1920's and 1930's to find states without regulation Their finding was as expected. In 1922, the average price of electricity was 2.44 cents per kilowatt-hour in states with regulation. However, in states without regulation, the average price increased to 3.87 cents per kilowatt- hour. While many would say that prices could vary for reasons other than regulation, Stigler and Friedland controlled the analysis of other variables and found that no significant difference in price existed. Other critics felt that this study was done in a time when regulation was just getting started, and that regulators in the present day are more effective. Two other studies which found different results were those conducted by Meyer and Leland and another done

MIT Solution to CS101, Final Term

MIT Solution to CS101, Final TermOne of the best solutions to CSC, CS101, Final Term, is the MIT solution, Maths Solution by MOAZ. This book is a great help for those who want to take their Maths classes at the college level and earn credits for it. It is essential that you understand the concepts that are contained in this book so that you will be able to pass the test on your first attempt. Once you know all the basics, you can then move on to the next level.The book is a great aid if you want to take your Maths classes at the college level and earn credits for it. It is essential that you understand the concepts that are contained in this book so that you will be able to pass the test on your first attempt. Once you know all the basics, you can then move on to the next level.There are many different versions of this book, one of which is 'Concepts of Mathematics by MOAZ.' This book is another great help for those who want to take their Maths classes at the college level and earn c redits for it. It is essential that you understand the concepts that are contained in this book so that you will be able to pass the test on your first attempt.Once you know the fundamentals of mathematics, you can then move on to the next level and start earning credits for it. The book is divided into four sections namely, the first section has a chapter on Number, The second section has a chapter on Measurement, The third section has a chapter on Geometry and The fourth section has a chapter on Calculus. Each of these sections is divided into several lessons, which you can study from and as you pass the test, you will be able to earn the credits required for the course.The best thing about this book is that you can be guided through the whole process without any need for reading the book. In fact, the only thing that you need to have is a computer with internet access. Once you have signed up for the course, you will also be guided through the process so that you will learn how t o navigate through the software and get the proper answers for the problem.The book is divided into four sections hence this can be considered as one of the best solutions to CS101, the Final Term. The first section has a chapter on Number, The second section has a chapter on Measurement, The third section has a chapter on Geometry and The fourth section has a chapter on Calculus. Each of these sections is divided into several lessons, which you can study from and as you pass the test, you will be able to earn the credits required for the course.The book is an easy to use and does not have any complicated stuff that you need to learn to be able to earn the credits. Once you are ready to start earning credits for your college course, you need to register for the course, the book is a great help for those who want to take their Maths classes at the college level and earn credits for it. It is essential that you understand the concepts that are contained in this book so that you will b e able to pass the test on your first attempt.The book is one of the best solutions to CS101, the Final Term, because it guides you through all the steps required to earn the credits. Once you know the basics of the principles, you can then move on to the next level, all the while enjoying the process of earning the credits. The book is divided into four sections hence this can be considered as one of the best solutions to CS101, the Final Term.

Latest Research Papers on Design and Analysis of Algorithms

Latest Research Papers on Design and Analysis of AlgorithmsMany professional and academic researchers come up with some of the most interesting and innovative designs and algorithms ever devised. Some of these algorithms are so well thought out that a huge amount of money is spent every year on their production and they are profitable companies in their own right.The workbench inventor will invent a machine that will fold paper in the shape of anything the inventor thinks is interesting. That machine might not work as a scrap pile or a high voltage power generator but the person who invented it still has made something that millions of people could enjoy.In this example there are many similar machines that have been invented, each useful in some way and none of them have an inventor. The next machine that will come along will be said to be a result of the inventors unique imagination and ingenuity. However, this invention may not live up to its inventor's expectations.The truth is th at there is no revolutionary workbench inventor out there. What is needed is research papers that come up with some of the most original and innovative ways to solve problems.Some of the best algorithms have been invented because people thought it was the best possible solution to the problem. If the problem was hard enough for the human mind to comprehend then it should be hard enough for the computer to grasp. Computers do understand every bit of information that ever existed and one can say that they are humans with artificially intelligent software.These algorithms that people create are so complex that their creators could easily write computer software that knows all the answers to every question that could possibly exist in the world. This would make most human jobs redundant.Those people who develop research papers on design and analysis of algorithms should consider creating a tool that can predict the future from every mathematical equation. These prediction tools would be very difficult to write by hand, but the beauty of them lies in the fact that they could never be written down.