Alcohol abuse is a serious problem among many young people Essay

Alcohol abuse is a serious problem among many young people - Essay Example Statistics show that almost 64% of the high school students say that they have been drunk at least once. Among youth between the ages 12 to 17, 77% (Spear, pp. 71-81) say that they have had at least one serious problem related to drinking in the past year. The teenagers who engage in this problem suffer in various aspects of their life. Teenagers having drinking problems suffer in their education. They tend to skip school and their classes and their performance level starts going down as the problem increases. This is because their attention span towards anything goes down and hence their performance decreases. Another problem that arises is that of drunk driving and the number of accidents and deaths caused by it. Statistics show that underage drinking and alcohol use is more likely to kill youngsters compared to illegal drugs. Motor vehicle accidents are one of the leading causes of deaths of youth between the ages of 15 and 20. The rate of these accidents is much more for teenager s between ages of 16 to 20 rather than 20 years and above (Spear, pp. 71-81). Another problem is that of suicide. After depression and stress, alcohol abuse is the third factor causing young people to commit suicide for children between 14 and 25. Sexual assaults and rapes are also becoming increasingly common as an effect of alcohol abuse.

Dissertation Essay Example | Topics and Well Written Essays - 4000 words

Dissertation - Essay Example There are several ways by which such developments are undertaken and one such technique is merger and acquisition. Merger and acquisition is a concept in which two or more companies’ works together in the market. This study seeks to scrutinize the impact of merger and acquisition on a company. The company chosen is PTT Global Chemical Company based on Thailand. The study revealed that the company has been both positively as well as negatively affected by the merger and acquisition activity. However, in order to deal with the negative impacts the study recommended strategies by which the company can overcome the same. Table of Contents Table of Contents 3 Chapter I – INTRODUCTION 6 1.1 Background of the Study 6 1.2 Introduction to Merger and Acquisition 7 1.3 Background of PTT Global Chemical Company 8 1.4 Relevance and Importance of the Study 9 1.5 Aim of the Study 9 1.6 Research Objectives and Research Questions 9 CHAPTER 2: LITERATURE REVIEW 10 2.1 Introduction 10 2.2 Definition of merger and acquisition 10 2.3 Classification of merger & acquisition 12 2.4 Global M&A activity levels and Regional trends 14 2.5 The impact of Economic Climate against M&A activities 15 2.6 Rationale for M&A and motivations 17 2.7 The impact of M&A on companies 18 2.8 Benefits & Drawbacks of M&A 19 2.9 Types of strategies for M&A 22 CHAPTER 3 – RESEARCH METHODOLOGY 23 3.1 Introduction 23 3.2 Research Philosophy 23 3.3 Research Approach 24 3.4 Type of Research 24 3.4.1 Quantitative Research 24 3.4.2 Qualitative Research 25 3.5 Data Collection Method 26 3.5.1 Sampling 27 3.5.2 Data Collection Instruments 27 3.6 Data Analysis 28 3.7 Ethics in Research 28 3.8 Justification 28 CHAPTER 4 – FINDINGS & ANALYSIS 29 4.1 Findings and Analysis of Primary Research 29 4.2 Findings and Analysis of Secondary Research 31 Chapter 5 – Discussion 32 Chapter 6 – Conclusion and Recommendations 33 6.1 Conclusion 33 6.2 Recommendations 34 Reference List 36 Append ix 44 Chapter I – INTRODUCTION 1.1 Background of the Study Once upon a time, the subject of merger and acquisition was especially the area of experts in the industrial origination. However, following the two upheavals, this territory was lost. The first change took place in the form of shift towards diversifying mergers and move away from the traditional combined competing or vertically relating the companies (â€Å"in the United States; less in other industrial countries†). The second change occurred in the form of development of â€Å"event studies† (â€Å"a method of inferring the profitability of mergers ex ante from changes in stock-market values at the time when the transaction is announced†) (Caves, 1987, p.150). Hence, from the above discussion it is evident that the concept of merger and acquisition underwent a drastic shift since these two upheavals took place. Earlier studies have shown that merger and acquisition have been responsible for incr easing the social welfare, augmenting the value of the assets of the firms involved into merger or acquisition (Agrawal, Jaffe and Mandelker, 1992; Augustine, 1995). The notion of merger coincided with history long back during the year 1708 (Caves, 1989; Franks, Harris and Titman, 1991; Franks and Harris, 1989). For example, during this period the East India Company merged with one of its erstwhile competitors for the principal purpose of restoring its monopoly in the Indian trade environment. In the similar way, the year 1784 experienced the two Italian giant banks Monte Pio and Monte dei Paschi united to form