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    improve market position, firms have to advance with times by executing all kinds of strategies, one of which is acquisition. “An acquisition resembles more of an arm’s-length deal, with one firm purchasing the assets or shares of another, and with the acquired firm’s shareholders ceasing to be owners of that firm” (Sudarsanam, 2003). Serving as an important capital restructuring tool, acquisition offers firms a conceivable opportunity for development by taking over another firm economically and legally

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    Simplified acquisition methods such as blanket purchase agreements present small firms with the easiest, cheapest, and quickest path to federal contracts. Blanket purchase agreements or small purchases, as they are often referred to, are ideal for small contractors although they can also be used to purchase commercial items costing $5 million dollars (King at al., 2004). The main advantage of blanket purchase agreements for small firms eyeing federal contracts is that the government reserves for them simplified

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    which the first portfolio has the most negative forecast error and EPS while the tenth portfolio has the most positive forecast error and EPS. This means that Portfolio 1 is the worst performing firm in regarding the earnings (most negative share price reaction) while Portfolio 10 is the best performing firm (most positive share price reaction). Based on the fourth and fifth portfolio, the share reaction is very small. The negative abnormal return in portfolio 4 is pretty much negligible and the same

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    also shows the high and low of entry barriers and exit barriers. The new firm will be attract with a market that able to generate high returns and profitable in particular industry. However, this will affect the profitability for the existence firm in the industry as the market are attractive for new entrant.

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    sustainable livelihoods. Need of network: every firm needs network to pursue its interest. Interest may vary from learning more about partner, to keep eye on the market spread in other competitor sphere, for acquiring the expertise of partner firm, to cope up with rapid changing behaviour of global market. No firms wants to remain to itself and turn blind to global developments in respective sector. So in order to cope up with such issues a firm needs network resource. Network resource: network

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    equal service from any firm in the industry, low substitution threat from other means of shipping transportation, and low threat of new entrants due to the high initial capital outlay and need of management

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    Campbell (2007, p. 952) based on the review of CSR proposes that firms are less likely to perform in a socially responsible way when when they are facing weak financial performance and are operating in the environment where there is limited likelihood for short term profitability. Harrison and Berman reported that economic growth significantly influence the attitude of the firms towards CSP activities. They reported significant increase/ decrease in CSP related concerns when the economy is weak/strong

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    what have allowed many firms to benefit in variety of ways. Firms can achieve attracting wide range of consumers, this is because of the wide spread of the internet that lead business into operating much effectively and efficiently. Hence leading to advertising through social media becoming less costly. Many firms including Nike has enabled to reach a wide range of customers through most effective social channels like

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    Case Study Of Hindalco

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    Moving the Headquarters Transfer pricing Transfer pricing is a method of profit allocation mechanism through which firms increase their profit after tax (PAT) metric by reducing the cumulative amount of taxes paid in different countries. International firms have many subsidiaries located in different countries of the world. These subsidiaries will be subject to tax levels as decided by the country in which they are located. If a subsidiary is located in a country where the corporate tax levied

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    practices. WorldatWork WorldatWork is a hotel cleaner firm located in the United States of America. Hsieh, Apostolopoulos, & Sönmez, (2013) noted that the nature of this job is usually unattractive. Most of the workers perform their duties under

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