Canadian farming industry Essay Example | Topics and Well Written Essays - 2500 words

Canadian farming industry - Essay Example Before arriving at a conclusion on Canadian agricultural amongst different types of farmers. This distinction could be made by the banks between various types of farmers while evaluating their loan applications. Canadian heritage in agriculture depends on an integral role played by the traditional or life style farmers. The traditional farmers are alarmingly closing their hereditary agricultural business owing larger competition from larger farmers and increasing costs of inputs. In Canada, the rural migration is on increasing level since 1991. The average persons in general, who leave small town of rural area, possess higher educational qualification. It is clear that rural areas in Canada are not behind in terms of services and quality of work available. Farmers are subject to variable weather conditions of natural disaster should save and keep investment during the period of profit so they may or do not become bankrupt during the period of downswings. Despite of assistance from organizations such as income disaster assistance program, the agricultural farmers ability to stand up their legs is not improving since the profit of small farmers are shrinking so quickly as the expenditure put on harvest grows every year. Revenues form farm products are not keeping pace with escalating cost of equipments, fertilizer, transportation and pesticides. The prices food items are quietly unrelated to the expenditure put in cultivating, transporting processing and selling the food. Recent floods and droughts have made the established farmers to become debtors though they have borrowed money and invested the same in equipment and land. There are delays in getting government funds, which are in adequate to meet these types of natural calamities. There are no private insurance companies to cover insurance of farms from weather-related catastrophes. The small farmers are the looser of these natural calamities in rural Canada. Like any other traders or businessmen, farmers can ensure long term growth and stability through proper planning in changing market conditions during the periods of floods and drought so that they may not depend on the assistance and support of government. The banks are prepared to advance loans to farmers for expanding their farms or starting farms under close supervision of bankers to put the farmers on right path to success though great risk is involved. The bankers visit farms once in a year assess the progress of the investment by farmers. The farmers with a formal, viable business plan are likely to get funds form banks. In farm field, many problems are attributed to Canadian consumers refusal to recognize and pay for value added to the products produced by the small farmers. Because of this, the farmers are not able recover their investments and expenses through sales which tends them to expect government subsidies to support them. The farmers are not in a position to bear the smallest price increase in power tariff. Ontario federation of agriculture are successful in lobbying in reduction of sales tax on farm products, working with county federations to reduce or remove municipal development charges on agricultural on to buildings, reduction in electricity charges. In Canada there are

Merger and Acquisition in China Coursework Example | Topics and Well Written Essays - 10000 words

Merger and Acquisition in China - Coursework Example This was undertaken in the form of a qualitative study as the author was obtaining subjective information relating to the failure of this merger/acquisition. This was undertaken in the form of primary research. The qualitative methods were also chosen as the information obtained was used to develop themes and form conclusions on the reasons behind the collapse of the DANONE and Wahaha Group deal (Cooper and Schindler 2003, Creswell 2003, Hair et al 2003, Saunders et al 2003) that will be useful for determining the advantages and disadvantages of establishing mergers and acquisitions in the Chinese market. The primary research with the head of Wahaha demonstrated the lack of openness or the no willingness to discuss this issue in great detail. The benefits derived by China from its merger and acquisitions activity with developed nations include increased development and economic activity. The benefits also include the acquisition of new technology, knowledge and skills, which would ha ve otherwise taken significantly longer to achieve, and for a relatively lower price. However, the main disadvantages are that of the lack of knowledge of mergers and acquisitions as they are mainly driven by the developed world. Mergers and acquisitions do occur in China regularly, but this is different to such activities with companies that are not Chinese. Table of Contents Table of Contents 4 1.0 Introduction 5 1.2 Significance of the study 10 1.3 Research objectives 11 1.5 Research model 12 2.1 Mergers and Acquisitions and the Stock Market 15 2.1.1 The merger and acquisition environment 16 2.2 Cross Border Mergers and Acquisitions 18 2.2.1 Cross Border problems faced by Chinese companies 20 2.2.2 Countermeasures faced by Chinese companies 22 2.4 Business Culture 26 2.5 Introduction to Case Study 27 3.0 Methodology 28 4.0 Results 33 4.1 Primary Research 33 4.2 Secondary Research 34 5.0 Discussion 49 6.0 Conclusion 56 6.1 Recommendations 59 6.2 Limitations 60 7.0 References 61 1.0 Introduction The open door policy initiated by Deng Xiaoping in China in1992 with the intention to push forward China's economic progress brought in considerable wealth in the form of Foreign Direct Investments (FDI) (Galbraith, 2000). This policy enabled institutional change (North 1990), which in turn created opportunities for investment into the Chinese economy. What was different about this policy was that it was a gradual change and not a sudden change as experienced in other developing countries, which led to bankruptcies and high costs (Campbell and Lindberg 1991). This policy also placed emphasis on foreign capital policy, the foreign exchange system, and it also offered promising conditions for foreign investors (Galbraith, 2000). This policy has since reaped dividends given that the main mode for FDI into the Chinese economy has been through foreign funded and joint venture companies. This has also reflected in figures which show that between 1990 and 1996, China managed to attract appr oximately $230 billion of foreign capital, with 20% of that amount coming from developing nations (Galbraith, 2000). However, the open door policy