Sunday, July 28, 2019
Critical Issues Module 1 Paper Coursework Example | Topics and Well Written Essays - 750 words
Critical Issues Module 1 Paper - Coursework Example Jim Hill understood aspects of the merger between the two companies. It required an intervention for each company to realize that working together was best for the growth of both companies. As a leader and a manager, Jim experienced resentment from the other company as the Boston based company handled the marketing. Indifferences between the modes of operation caused a drift in the profits hence hindering the growth of the two companies. While the Boston based company was interested in maintaining the merger, Jill knew that it would hinder the progress and growth of Vanguard (Atrill & Mclaney, 2010). Jim exemplifies some of the aspects of the active board member through holding a meeting with the aim of discussing the future of the company. He uses the interest of the members to gain a common ground of understanding on the success of the company. The investment company needed an increase in the health of the company through improving their financial statements. Hill knew that the siz e of the business and its complexity would produce complex financial statements. This was the case for Vanguard as it had subsidiaries in oversea companies (Firstenberg, 2009). The merger of two or more companies pros and cons which lie mainly in operations. A financial investment company like Vanguard plays a key role in ensuring its customers are satisfied. Merging the company comes with taking the time to make decisions on operations of the organization. The process of decision-making requires the consent of both companies. This is time consuming if the decision needs a fast approval. Jill required the presence of Bogle to make a decision on the companyââ¬â¢s operational structures. It took him time before he could resolve an issue concerning the operation of the company (Firstenberg, 2009). Merging may turn to be a disadvantage when it comes to the share of profits and losses.
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