Tuesday, February 18, 2020

Case 5.1 MERCK ACQUISITION OF MEDCO Research Paper

Case 5.1 MERCK ACQUISITION OF MEDCO - Research Paper Example avings, whereby a company paying higher taxes because of high income can acquire another firm with accumulated losses, which after the acquisition will reduce the overall taxable income and tax liability. The other advantage of acquisition is that it allows the company to achieve short term growth. The target would benefit from the predator since, in most cases, predators are well-established companies; thus fasten the growth of the target (Finkelstein, 2010). Asset backing is another merit behind the acquisition. For instance, Merck would benefit from the well-established database set up by Medco and would allow Merck to achieve its objectives by using these valuable resources, which would be acquired from the target company Medco. Therefore, the decision to buy Medco Containment Services by Merck, and Company should be driven by the above factors. One of the major forces driving the acquisition of Medco Containment Services by Merck and Company is the growth in the managed health care, which has been contracted by the managed health care organization to Medco Containment Services. Managed health care is a new phenomenon in the health care industry and the health expert (Kolassa & Greg, 2012) predicts that by the end of the current century, at least 90% of the Americans will have the cost of their drugs included in some managed health care plan. Besides, at least 60% of all the outpatient medicine will be able to be purchased by the managed health care programs (Merck and Company Inc., 2002). Therefore, the planned acquisition of Medco Containment Services by Merck and Company would be timely since it would allow the predator to benefit from these lucrative business deals being enjoyed by the Medco Containment Services. As such, a substantial beneficial synergy would be created since Merck and Company is the manufacturer of dr ugs and Medco Containment Services manages the insurance claims, hence will encourage patients to utilize cheap generic substitute drugs

Monday, February 3, 2020

Application of constructivism theory in French Mali intervention Essay

Application of constructivism theory in French Mali intervention - Essay Example Mali faced some civil conflict since January 2012. Northern region of the country, Azawad, majorly occupied by the Islamic believers have been fighting for independence from the Malian government. The rebellious troops, dubbed The National Movement for the Liberation of the Azawad (MNLA) fought the government to liberate Azawad and make it for Tuereg people, and three months later, the troop had taken over the region. The conflict sparked the coup of President Amadou Toure, and another troop dubbed CNRDR took over the nation before suspending the national constitution. Mali became unstable and the rebels took charge of major Malian cities. MNLA was supported by several Islamic militias, and after the MNLA conquer; Islamic laws were introduced in the Northern region of Mali. Later the Islamic and MLNA developed some conflicts. The government sought help from foreign nations to resolve the insecurity and instability in the country, and by January 2013, French military launched some ope rations against the Islamic militias. The operation was successful, since the Malian military took over from the Islamic militia a month later. History indicate that The French military took active role in the fight against the Islamic troops but trained the Malian military on advanced and effective war and defensive tactics, until they took over. The French Military applied the constructivism theory, also called learning theory to train the Malian military. This work is about the application of the constructivism theory in training the Malian troops by the French facilitators and boosting Malian national security. Mali’s national security was compromised when some Islamic rebellious troops launched several attacks in the Northern Mali in 2012 (Cole-Turner, 2001). The French being the former colonial master of Mali were the first to rescue the situation since the country would have turned into a hostile war zone. The first mission was to train the Malian national defensive te am on the application of modern military technologies to fight the religious militia. Constructivism Theory The theory implies that humans apply newly learned knowledge together with prior experience to undertake any duty or make effective decisions. It comes from the word ‘constructs’ which means a special kind of filters in the human body system which carry certain knowledge and tend to change human reality from a certain state of confusion to some kind of order. The constructivism theory has some ties with cognitive as well as biological human systems. The theory is applied in several fields of learning. For instance, it helps pass or grasp some knowledge in experiments, discovery learning, as well as project and task based trainings. This work is about the application of the constructivism theory in training the Malian troops by the French facilitators and boosting Malian national security. Mali’s national security was compromised when some Islamic rebellious troops launched several attacks in the Northern Mali in 2012 (Cole-Turner, 2001). The French being the former colonial master of Mali were the first to rescue the situation since the country would have turned into a hostile war zone. The first mission was to train the Malian national defensive team on the application of modern military technologies to fight the religious militia. The Constructivism theory was first applied in the early 20th century with some neuroscientists who believed that the main role of education is to increase societal knowledge. Experimental learning was encouraged since it tends to provide a practical platform to enable the learner add such knowledge to those learnt in theoretical class (Schein, 2011). The theory was to boost three basic elements of education namely thinking, reflection, as well explorations. The neurosurgeons lament that the theory was developed in certain sequences until it could be proved and applied in the society (Witte, 2007). Some