You chose Essay Example | Topics and Well Written Essays - 750 words

You chose - Essay Example The disaster evolved, as a result of, two basic factors. Seemingly, the hurricane itself and the collapse of the levees that protected the city were built below the sea level. These aspects made Katrina a more complex natural disaster to fight leading to industrial disaster, evacuation challenges, widespread of poisonous pollution, persistent flooding and unprecedented public concerns regarding human safety. The protection against the Katrina is reflected to start with the weather forecasting team early 2005. The meteorologists warned people surrounding the Gulf Coast region to evacuate the region. Additionally, the National Weather Service was concerned in that it warned people that after the storm the area will be uninhabitable hence it advised people for looking alternative places to reside until it was over. The protection efforts by the federal government were seen to be executed by the Federal Emergency Management Agency. People in the New Orleans were to evacuate and seek for new shelter. However, the government had allowed some of the population that could not leave the town immediately to occupy the Morial Complex. Jointly, FEMA officials and an emergency-preparedness contractor advised FEMA that the evacuation process was not effective as it lacked sufficient transportation for the large population. There are different techniques that FEMA and other relevant authorities adopted for the mitigation process for the Katrina Hurricane. For instance, the University of Mississippi adopted the radio-controlled warning systems that warned of the Tornado. FEMA addressed and initiated Diamondhead homes in the Coastal regions that could prevent the people from future floods and injuries. It included a reinforced and laminated beams along the ceilings enhanced the roofs’ capability to anchor themselves. After such an event, the constructions of the houses in the affected areas were subjected to the International Residential

Merger versus IPO or Acquisition Essay Example | Topics and Well Written Essays - 500 words

Merger versus IPO or Acquisition - Essay Example However, the company is bound by regulatory restrictions to seek prior permission to conduct this exercise; a permission that might be granted or otherwise rejected under strict terms of engagements. Another threat lies in the management of the many stocks. The company may get locked up in meeting the expectation of the public market both in the short term and into the unforeseeable future before embarking on a meaningful journey of expansion (Burton & Prasad, 1997). Kudler Fine Foods also has the option of expanding its operations through mergers or opting to acquire another firm within its line of operations. Noteworthy, these two options possess more or less similar opportunities and challenges. In fact, the special alchemy of a merger and/or an acquisition is that a combined effort is greater than the sum of individuals’ efforts (King, Slotegraaf & Kesner, 2008). Accordingly, it would be more valuable for Kudler Fine Foods to seek the services of another company than function as an individual entity. Merging with a company offering delivery services has the possibilities of giving Kudler Fine Foods a competitive advantage over other similar businesses in the market. Additionally, such a combined effort would set the company on a cost saving path related to the management of the delivery services of its food delicacies. Whichever option between a merger or an acquisition, the resultant company would give Kudler Company a synergetic com petitive strength to function efficiently and the capacity to acquire a greater market share with a re-doubled effect of generating more revenues. On the negative side, mergers and acquisition provide narrower market opportunities compared to an IPO. They are not only less efficient in market pricing, but they may also result into one or both parties losing vital control of key operational elements