Financial Management Assignment Essay Example | Topics and Well Written Essays - 1250 words

Financial Management Assignment - Essay Example The majority stakeholders were Vodafone Group Plc and Verizon Communications holding 45 percent and 55 percent stakes respectively. In the past both groups have tried to acquire higher stake in the entity. But the negotiations between them failed multiple times due to failure in arriving at right price for the deal. At one point of time Verizon suspended dividend payout to Vodafone for 6 years which many analysts perceive as a move that was aimed at pushing Vodafone to exit the venture. The primary reason for such motive was get higher ownership in Verizon Wireless that had become the third largest telecom entity in United States in very small amount of time. the negotiations regarding stake sale failed in the past because Verizon Communication estimated that true value of Verizon Wireless was approximately $100 billion and it was willing to pay this amount to Vodafone to exit the venture. But, Vodafone estimates that after including the intangible aspects and future potential of Ver izon Wireless in ever growing US and European markets should be much higher (approx $130 billion). Thus, the deal was successfully struck that was close to a decade in the making (Financial Times, 2013). The terms and conditions of the deal are so agreed upon between the two entities that the change in ownership structure will not impact the services to odd 100 million customers of Verizon Wireless. The stock markets reacted positively to the deal announcement. The share prices of Vodafone surged to 12 year high in the international stock markets thereby increasing shareholders’ wealth by taking total market capitalisation of the company to all new highs (Reuters, 2013). In contrast the share prices of Verizon Communications rose by approximately 3 percent on the day when Vodafone officially announced the deal. More specific details of the deal reveals that Vodafone will get about $59.8 billion in cash; remaining $60.1 billion

Training and development Assignment Example | Topics and Well Written Essays - 2500 words

Training and development - Assignment Example Training and development are crucial to the business because it equips the employees with the relevant knowledge and skills for realizing the business objectives through a well laid down strategies (Werner, Jon and Randy, 15). With the increasing level of competition, the most organization embraces the fact that there exist the link between policy and training and organizational development. Therefore, human resource is regarded as equally important as any other resource in an organization, in that respect, the team must spend so well in their training. In the training process, the employees go through professional certification. Professional certification is important to both the organization and the individual. It is important to the organization in that the operator will execute his or her duties with due competence. Furthermore, it is also important during the execution of strategy. On the other hand, the employee who has undergone professional certification will have courage in the performance of his duties and policy implementation. Training and development is one crucial and important thing in many organizational setting. Training and development usually lead to improved performance of groups and i ndividuals in any organization. In most cases, professional certification is financed by the business organization (Werner, Jon and Randy, 43). On the part of the organizational development (OD), it is imperative especially for the effectiveness and widening of productivity in the organization. Furthermore, OD acts as a way of solving the problems that involve the execution of strategy. However, the process of executing organizational development requires an investment of both time and finance. It is prudent that the company invests on the human resource through training. Human resource management is always the department charged with the duty of training and development (Wilson, 65). Training