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Journal of Global Economics

ISSN: 2375-4389

Open Access

Volume 3, Issue 3 (2015)

Research Article Pages: 1 - 6

Acquisition of Mexican SMEs, its Impact on Organizational Culture and Structure: The Case of Glass and Plastic Mxico

Vargas Hernández JG and Mayra Lizett PS

DOI: 10.4172/2375-4389.1000148

In this paper, the case of glass and plastic Mexico, Guadalajara’s company that was recently acquired by the French corporate Essilor through Essilor Mexico will be addressed. Essilor’s strategy of further expanding economies of scope, with glass and plastic as optical laboratory, corporate through its new acquisition achieved distribute products from other brands to market where so far could not reach. For the company Glass and plastic Mexico, the practice represents an opportunity for growth and stability; however, the acquisition led to major changes in the organizational structure, as the implementation of controls and processes in the small business, glass and plastic Mexico had not.

Research Article Pages: 1 - 5

Technological Environment and Some Selected Manufacturing Industry in Enugu State, Nigeria

Ikemefuna and Abune Abe

DOI: 10.4172/2375-4389.1000149

The study is based on reviewing the effect of technological environmental performance on the manufacturing industries aiming at some selected industries in Enugu State, Nigeria. The study revealed its problem statement as to effectively and efficiently train and adequately fund organizational equipment which will help in quick and better production. Primary and Secondary source of data were used as means of data collection. Ten (10) selected manufacturing industry were randomly selected across Enugu State while the Pearson Product Moment Correlation was used as the statistical tool for this study. The study was finally summarized with major findings which revealed that most manufacturing industries do not conduct training for their workers to meet up with this digital era. It is concluded that environment significantly affect the growth and performance of manufacturing industries in Enugu State. Based on this, the study recommends that staff training which enables better and efficient operation of machines and equipments, cost efficiency and investment in quality management are to be deliberately promoted in order to improve the performance of manufacturing industries.

Research Article Pages: 1 - 7

Integrated Water Resources Management of Maetang Sub Watershed, Chiang Mai Province

Thunyawadee Sucharidtham, Thanes Sriwichailamphan and Wichulada Matanboon

DOI: 10.4172/2375-4389.1000150

Thailand has been managing water in order to solve the water problem in the country for a long time. In 2011, however, Thailand suffered a severe flood, and that means the country’s water management was not successful. Maetaeng watershed is another area that has been receiving a lot of funding to develop and solve the problem of water resources in the area continuously. Still, it was also found that the projects and budgets spent still cannot fix the problems of water resources in the area. This study aims to analyze the events, problems, and factors that can lead to the process development of integrated water resources management in Mae Taeng watershed area, Chiang Mai province. This qualitative study workshop was conducted by collecting basic information, setting a discussion panel for water users, and a workshop to brainstorm for the ideas of water management. The findings showed important factors positively affect the strength of the community, cooperation in water management of the community, and the sacrifices of strong community leaders. The negative impacts include the deforestation of certain ethnic groups, cultural diversity, a lack of awareness in the role of community leaders, as well as insufficient funding.

Research Article Pages: 1 - 3

Have We Learned from Previous Stock Meltdowns?

Michel A and Shaked I

DOI: 10.4172/2375-4389.1000151

We have witnessed three major stock market meltdowns over the past three decades. This paper assesses the market shocks of 1987, 1997 and 2008. In particular, we review the history of modern finance and assess whether the role of quantitative finance has developed to reduce the likelihood of future meltdowns. We see that the role of models based on historical price movement often ignore the possibility of fat tails, that risk free arbitrage may exist in normal, but not tumultuous markets and that asset returns and correlations result in extreme values more frequently than predicted by the standard bell curve. Moreover, the desire for outsized returns has driven many money managers to leverage their returns beyond prudent levels, dramatically increasing portfolio risk. In addition, many in Wall Street sell and create new derivative products that are often sold without the necessary due diligence and properly conducted stress tests. The same quantitative courses are taught and similar derivative products are sold as during the three previous meltdowns. Unfortunately, the SEC and academia have taken little permanent action to reduce the odds of further stock meltdowns.

Review Article Pages: 1 - 7

Application of the Industry-based Theory the Case of Mexican Company CEMEX

Vargas Hernández JG and Martin De La Rosa Plascencia

DOI: 10.4172/2375-4389.1000152

The way in which an industry is organized is an important aspect to be taken into account when you plan to make the study of a particular company. The structure of the industry influences the results of the companies that comprise it. The analysis must consider differences among sectors, features that also share companies; therefore the impact of each industry can be reflected in different ways in the firms. In this sense this paper studies the behavior of the company Cementos Mexicanos CEMEX. For this, an overview of the performance of the construction is presented, to which the company belongs. Finally, CEMEX is analyzed using Porter’s diamond.

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Citations: 1931

Journal of Global Economics received 1931 citations as per Google Scholar report

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