Financial essay Example | Topics and Well Written Essays - 1500 words

Financial - Essay Example (Experian Plc. 2010) This company, in its history, has acquired numerous other corporations allowing it to expand its products and services. By 2009, Experian, Plc. declared in its annual report that its business now covers the provision of information, analytical tools and marketing services to organizations on a global scale which helps their clients manage risks, find and retain customers as well as automate decision-making. Experian, Plc. has a long history of mergers and acquisition. The main player in Experian’s development, however, was TRW. In 1996, TRW sold its Information System & Services Division to an investor group which in turn sold it to the British General Universal Store PLC (GUS PLC), which later merged the division with CCN. (Jentzsch 2007, p. 73) This conglomerate became what is now known as Experian and has an accumulated 240 million consumers in its file with a strategy guided by an aggressive acquisition around the world. (p. 73) Experian’s Information Solutions alone works with over 50,000 clients across industries including financial services, telecommunications, healthcare insurance, retail, catalog, automotive, manufacturing, leisure, utilities, property, e-commerce and government. (Plunkett 2006) As previously mentioned, Experian, Plc. follows an aggressive acquisition strategy around the world, successfully penetrating many European countries and as far as South Korea and South Africa. The latest of its overseas foray involved the acquisition of the full license to operate a credit bureau in India. This emphasis on merger activity is driven by the aim to gain competitive advantage by acquiring a wide range of services. According to Jenzsch, Experian has two other big rivals and that the competition is fierce with the high volume of credit reports needed by industries and consumers. (p. 74) All in all Experian’s range of merger activities reflect a vision which involved: The

You choose it Essay Example | Topics and Well Written Essays - 500 words - 7

You choose it - Essay Example The large cornfields in the valley areas can no longer support the ever increasing population of America without having to be mechanized. This will also require the use of modern technology like genetically engineered seeds and use of fertilizer and herbicides. The documentary also shed more light how the method of manufacturing has changed from the dependence on primary raw material to recycling of used products. The same is also true of the migration from the use of transistors and capacitors to very small microchips (Kwon, 2012). The power grid can no longer be controlled manually, most of it is now computerized from the steam turbines, nuclear power and hydropower. The road, railway, sea and air transportation network ensures that finished products can reach the desired destination with ease and faster (Artkinson, 2012). This require individuals who plan to work in this dynamic system to be equipped with the best knowledge to help meet the demands of such economies. This explains the recent emergence of many technological research institutions as well as university research across the country. Many universities now offer very specialized courses that enables the labor force to be equipped with knowledge that can work with the automated manufacturing and engineering process. However much an economy can automate its production process, there will still rise a need to train personnel to work with the system. Automation according to Yul Kwon, is the next step towards competition in the global sector as it minimizes production cost. The other sector that can still employ labor that will be displaced from employment due to process automation can always be absorbed in the service industry and primary sectors. While everything portrayed in the documentary is true, Yul Kwon does not get the views of many other farmers who are now starting to move