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Vecima Networks,a Small Electronics Manufacturer in Victoria,B

question 53

Essay

Vecima Networks,a small electronics manufacturer in Victoria,B.C. ,identified that the real issue for its training focus was on the employees who actually work the assembly lines.Since many of the people on the assembly lines had dropped out of school,more than technical training was required.Employees stated that they didn't understand the engineers' instructions even when written in very basic language.Many of the workers in the lower skilled jobs could not read the safety signs.To improve the situation,Vecima partnered with a not-for-profit community literacy organization to design and deliver literacy workshops for many of their employees at a cost of $50,000.
What are some of the benefits for Vecima Networks to invest in basic literacy training?

Describe the various motives behind company mergers.
Understand the differentiation among types of mergers.
Recognize the economic and operational advantages of mergers.
Identify reasons for mergers and their success or failure.

Definitions:

PE Ratio

Price-to-Earnings Ratio, a valuation metric that compares the current share price of a company to its per-share earnings.

Dividends Per Share

Dividends per share (DPS) is a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

Earnings Per Share

A measure of a company's profitability that divides its net earnings available to common shareholders by the outstanding shares.

Quick Ratio

A measure of a company's ability to meet its short-term obligations using its most liquid assets, calculated as (cash + marketable securities + accounts receivable) / current liabilities.

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