THE MAJOR EVENTS
The graphs below summarise the fluctuations in the share price and
shareholders’ returns of Vodafone group, as a result of two major
events which occurred in mid February, 2004 and mid November of the
same year.
On the 22nd 0f January 2004, AT&T Wireless, the third largest mobile
phone group in the US, put itself up for sale but as shown above in
Fig1, this does not seem to have affected the share price or volume of
trading as there was no significant upward or downward trend in these
two areas. This can lead to an assumption that the market is
inefficient as it did not respond to the information or that investors
were not expecting Vodafone to bid for AT&T Wireless because Mr Sarin
had told investors and analysts that he was "happy" with Vodafone's
joint venture with Verizon, the leading mobile phone operator in the
US.
Had Vodafone succeeded in acquiring AT&T Wireless, it would have had
to sell its profitable stake in Verizon back to its partner, Verizon
Communications - a prospect that did not appeal to its shareholders
and so may be why the new information was not relevant to the
Vodafone.
“9th February 2004, saw the Vodafone Group Plc announcing that it will
continue to monitor developments in the US market and is exploring
whether a potential transaction with AT&T Wireless is in the interests
of its shareholders”. This lead to a decrease in share price as
investors knew that it would mean that Vodafone would have to sell its
profitable stake Verizon to buy AT&T Wireless. The steep drop in Fig 1
suggests that the market was efficient in its reaction to this
announcement.
The formal bidding war began on the 13th when Cingular made an initial
offer of $30bn, and the offer was matched by Vodafone. Cingular then
raised its bid to $35bn which was again matched by the British
company. When Cingular raised its offer to $38bn, Vodafone once more
matched the bid and this suggested to investors that Vodafone would
pay too much for AT&T Wireless, which is why the share price dropped
each day till bidding ended on the 17th. “On 17th February 2004,
Vodafone withdrew from the auction when it concluded that it was no
longer in its shareholder's best interests to continue discussions”.
We can see that there was a 5% increase in the share price when this
was announced, and the volume of trading shows the markets
informational efficiency Since news emerged that Cingular had made an
informal offer in mid-January, Vodafone's shares have underperformed
the rest of the market, cutting the value of the company by more than
From our research, Anheuser-Busch is content with being the number one beer company in the world, increasing sales each year in operation. We found that Anheuser-Busch met many views associated with the world, business, and behavioral dimensions. The company also displayed its stability as we reviewed one of its most successful products Budweiser, owned by Anheuser-Busch, under the marketing view and the financial view. Not only do they hold almost half of the market share in the industry but their stock prices, sales volume, and net sales have all increased from 2002 to 2003. We also looked at Budweiser in terms of geography and culture. We found due to the fact that the "western" countries consume the majority of beer, it only makes sense that Anheuser-Busch concentrates on that market. Along these lines, another key goal that is also important to Anheuser-Busch is to boost other beer markets that are located in other cultures, where at the time beer is not a major consumption.
Culture, Not Race, Explains Human Diversity, Mark Nathan Cohen, Chronicle of Higher Education, April 17, 1998, pp.B4-B5. The term race refers to a biological subdivision of a species. At one time, scientists held that there were as few as three such subdivisions in the species Homo sapiens: Caucasoid, Negroid, and Mongoloid. Mark Anthony Cohen points out that this is an antiquated view, yet it lingers as a common belief in society. Mark Nathan Cohen makes an interesting point in his article “Culture, Not Race, Explains Human Diversity”. While the article does deal wholly in the realm of the opinion, it is supported by numerous scientific facts. In fact, Cohen’s usual method of drawing in a reader is to make a blanket statement and then “beef it up” with several scientific facts.
Stereotyping is violent. During the film, when Officer Hansen and Officer Ryan are on duty searching for a particular carjacked vehicle. Ryan decides to stop a black SUV. Inside there is an interracial couple. The whole situation changes as he decides to hold their hands up and put them against the car. The couple, Cameron and Christine, are both convinced and have no choice but to follow the officer’s orders. Within moments, Christine is molested and sexually abused by Officer Ryan as he is searching her. Officer Ryan stops the couple for no reason. The couple is discriminated and handled with such pain and abuse. It is a wrong action. The officers here are not doing their job of assisting, protecting, and regulating people. Rather, in this instance, they abuse these innocent individuals and, most importantly, these officers lost their trust and respect. Stereotyping leads to misjudgments and often influences sexual violence over groups of people.
In both “The Fourth of July” and “Black Men and Public Space” the narrators did one very important thing; they expressed how the encounter made the narrator feel. This is crucial because it almost allows the reader to share the feeling of helplessness that was felt. In “The Fourth of July”, Lorde explained how she truly did not understand why the family was treated differently. She tells of her parents’ fruitless effort to shield their children from the harsh realities of Jim Crow by planning out virtually the whole trip. The highlight of the story is when the narrator expresses both anger and confusion at the fact that her family was denied seated service at an ice cream parlor because they were black.
(125) Privilege is inclined to white males through every facet of our everyday that inconspicuously creates racism through classism. While Crash holds a very touching message on a personal level of human compassion, it unfortunately is also a perfect snapshot Aude Lorde's "'mythical norm,' which each one of us within our hearts knows 'that is not me.'" (178) This is otherwise known in America as "white, thin, male, young, heterosexual, christian and financially secure," where "the trappings of power reside..." (Lorde 178) So why all the fuss about a movie? It's just a film, and some would say that it's not meant to solve the America's issues with racism and classism. While this is true, it is dangerous for such a prevalent film like Crash, which won three Academy Awards including Best Picture in 2005 in addition to a slew of other accolades, to perpetuate that elusive, intangible type of oppression that we all live in, but some still deny. As Langston writes in Tired of Playing
principal designer. This move led to a 10 percent rise in the stocks of Philips-van
In the last year the price of the stock increased 13.64%, which is a big number compering with the 7% in this industry. (Global Life Science Outlook, Moving Forward with Cautious Optimism, 2016)
The biological understanding of race in the United States is that people from different places have different genetics and genes in their body, accounting for different traits in each people. These people could be grouped together by their biological traits because their similarities in genes would make them look alike. People wanted to believe that there actually were true biological differences between people. Race in the past and present (somewhat) has been categorized based on continental origin, skin color, nose structures, and hair type. To define a person’s race, someone could ask questions like: “what type of hair do they have, curly or straight? Is their skin dark or light? Are their eyes blue, brown, or black?” Based off of these
Race, in the common understanding, draws upon differences not only of skin color and physical attributes but also of language, nationality, and religion. Race categories are often used as ethnic intensifiers, with the aim of justifying the exploitation of one group by another. Race is an idea that has become so fixed in American society that there is no room for open-mindedness when challenging the idea of racial categories. Over the years there has been a drastic change with the way the term "race" is used by scientists. Essentially, there is a major difference between the biological and sociological views of race.
...The most profound conclusion on the concept of race is the argument that the term is not a biologically innate fixture. Despite the discredited nature of the concept of ‘race’, the idea stills “exerts a powerful influence in everyday language and ideology”. (Jary & Jary, 2000: pp503-4) This disputes the assumption that racial divisions reflect fundamental genetic differences.
Race has no biological meaning. There is only one human race; there are no subspecies, no single defining characteristic, traits, or even gene, separates one “race” from another. Instead of being a biological concept, race is a social construct, and a relatively modern one at that. It was created to give light-skinned Europeans an advantage by making the white race superior and all others inferior. Throughout its history, the concept of race has served this purpose well.
Every year significant events happen. These events are sometimes tragic and sometimes enlightening. In 2004 many events impacted the world. Without these occurrences the world would may be different. During 2004 the Red Sox won the world series, the Olympics were held in Athens, Greece, and Facebook was launched.
As larger beer corporations move toward this growing market, NBB will have to develop measures to maintain market share (Gorski, 2013).
After 1996, the U.S. beer industry had consistent growth with about 3,500 brands on the market in 2002 (Alcoholic Beverages, 2005). The U.S. exported beer to almost one hundred countries worldwide. The beer industry peaked production with 6.2 billion gallons in 2003 (Alcoholic Beverages, 2005). The U.S. beer industry haws over 300 breweries. However, this industry is dominated by three companies: Anheuser Bush (45% of the industry), Miller Brewing (23% of the industry), and Adolph Coors (10% of the industry) (Overview of the U.S. Beer Industry, 2005).
If company is to perform well and earnings show growth consistently, investors see it as a potential stock, market price will rise regardless of good or bad