Thursday, October 31, 2019

Review the Capstone case Simon and Schuster, Inc. v. New York State Essay

Review the Capstone case Simon and Schuster, Inc. v. New York State Crime Victims Board on pages 412-417 of your textbook. Brief - Essay Example The Board then holds the money for satisfaction of all claims by the victims and creditors of the criminal or accused. The Court held that such a law smacks of First Amendment breach because of state imposition on content-based speech, which parallels the discriminatory tax law declared unconstitutional in Arkansas Writers’ Project Inc v Ragland 481 US 221. Two elements can be gleaned from the SC declaration of First Amendment inconsistency: the singling out of income from expressive activity, and; the singling out of â€Å"works with specified content.† This constitutional defect could have been overcome by compelling state interest, according to the SC, such as compensating victims of crimes or precluding criminals from profiting from their crimes. The disputed law, however, does not further state interest because there is no rationale in limiting its application to income derived from contents-based story of the criminal or accused. To allow the law entails placing i n its ambit a potentially large number of works such as the Confession of St. Augustine where he narrated stealing pears from his neighbor’s yard as an instance of moral weakness.

Tuesday, October 29, 2019

Inevitably is always better than large organizations at making Essay

Inevitably is always better than large organizations at making innovations - Essay Example Small and medium-sized enterprises are business enterprises which are seen to variously exhibit some common characteristics, which are; these business enterprises employ an average of up to about 250 employees, they have an annual turnover that is approximated as being not more than ?50 million and their management is also seen as largely independent in addition to being free from any outside control and influence in taking various principal decisions (European Commission, 2013). The Role/Place of Small and Medium-sized Business Enterprises in the Economy SMEs are important to all the different economies in the world, this is especially so to those economies found in the world’s developing countries that happen to be struggling with income distribution and employment challenges. During the 1980s, the total turnover, stocks and employment in most of the firms operating a wide range of business activities and services in the United Kingdom was seen to record spectacular growth. This growth was witnessed in the operations of all the large and small business enterprises. ... The number of SMEs within the United Kingdom has managed to record rapid growth during both the 1980s and the 1990s with estimates showing growth margins of from 57 percent to an average of 67 percent (Analoui and Karami 2003). The United Kingdom’s over 3.7 million SMEs are approximated to account for about 40 percent of the country’s total GDP. The SMEs also generate an annual turn over of about one trillion pounds in addition to employing approximately over 12 million people. Of the 2.3 million jobs that were created in the United Kingdom by the formation of new businesses between the years ranging from 1995 through to 1999, SMEs account for about 85 percent of this figure while they also accounted for more than 50 percent of the more than 3.5 million jobs that were gained as companies in the United Kingdom expanded over the same time period (Analoui and Karami 2003). Despite small firms accounting for such a large portion of the country’s GDP, Britain has been show to be relatively poorly endowed with small firms (Nelson, 1993). As a consequence of the trend showing constant growth of SME’s both in the United Kingdom and the world, SMEs have been noted as accounting for an average of about 99 percent of all businesses in the United Kingdom, while globally, SMEs are seen to account for business enterprise in excess of 99 percent of all the businesses that have been established. It is due to this that SME are considered to be the largest contributor to both the gross domestic product and the employment rates of all the countries in the world (Nwankwo and Gbadamosi, 2010). In order for SMEs to compete successfully and improve their chances of

Sunday, October 27, 2019

Efficacy of Oral Exfoliative Cytology in Diabetes Mellitus

Efficacy of Oral Exfoliative Cytology in Diabetes Mellitus EFFICACY OF ORAL EXFOLIATIVE CYTOLOGY IN DIABETES MELLITUS PATIENTS-A LIGHT MICROSCOPIC CONFOCAL MICROSCOPIC STUDY Abstract Introduction: Diabetes Mellitus has become a global problem. By monitoring the health status of these individuals, diabetic complications leading to morbidity can be prevented. Aim: We aimed to analyze alterations in the morphology and cytomorphometry of buccal epithelial cells of Type 2 Diabetes Mellitus patients using oral exfoliative cytology technique and determine its importance in public health screening, diagnosis and monitoring of diabetes mellitus. Material Methods: The study was carried out in 100 Type 2 Diabetes Mellitus patients and 30 healthy individuals. Smears were taken from the right buccal mucosa and stained by the Papanicolaou technique. Staining with Acridine orange was carried out to view qualitative changes with confocal laser scanning microscope (LSM-510 Meta).The cytomorphometry was evaluated using IMAGE PRO PLUS 5.5 software with Evolution L.C camera. All findings were statistically analyzed. Results: The results showed that with increase in fasting plasma glucose levels, there is significant increase in nuclear area, decrease in cytoplasmic area, and increase in nuclear cytoplasmic ratio (P Conclusion: In the present study, we found significant alterations in the cytomorphometry and cytomorphology of buccal epithelial cells of Type 2 Diabetes Mellitus patients. This study supports and extends the view that these cellular changes can alert the clinician to the possibility of diabetes and aid in monitoring of diabetes throughout the lifetime of the patient. Keywords: Confocal laser scanning microscope; Cytomorphometry; Diabetes mellitus; Oral exfoliative cytology. Introduction Diabetes mellitus (DM) is not a single disease entity but rather a group of metabolic disorders sharing the common underlying feature of hyperglycemia. Hyperglycemia results from defects in insulin secretion, insulin action or both. The chronic hyperglycemia and resultant metabolic deregulation of carbohydrate, fat and protein may be associated with secondary damage in multiple organ systems, especially the kidneys, eyes, nerves and blood vessels.1Recent estimates indicate that the number of people with DM in 2010 is 285 million and is expected to be 438 million in 2030. The global prevalence rate is 6.6% in 2010 and is expected to rise to 7.8% in 2030.2 India leads the world with largest number of diabetic subjects earning the dubious distinction of being termed the â€Å"diabetes capital of the world†. According to the Diabetes Atlas 2009 published by the International Diabetes Federation, the total number of people with diabetes in India is 50.8 million and is expected to rise to 87 million in 2030.3 It can no longer be considered a disease of affluent nation alone, it has become a global problem, a major epidemic of the twentieth century, and one which shows no sign of abating. 3 DM is the leading cause of end-stage renal disease, adult-onset blindness and traumatic lower extremity amputations. The prevalence of DM is increasing sharply in the developing world as more people adopt a sedentary lifestyle, with India and China being the largest contributors to the world’s diabetic load.2 Oral Exfoliative cytology is a relatively simple and non-invasive clinical technique which has the potential to be developed as a routine investigation for screening of DM. It can be used chair-side during routine dental examination.4The various alterations in the cytomorphology of the oral mucosa in diabetes and characterization of these changes give clinicians a more accurate image of what really happens during diabetes. So in our study, the cytomorphometric and cytomorphologic changes were compared according to the different glucose levels of diabetes. In addition to light microscope, we used confocal laser scanning microscope, to ascertain the various cytomorphologic changes seen under light microscope. It is possible that the degree of cellular change depends on the progression of diabetes. Hence the present study was undertaken as this research area has received little attention to date. Materials Methods Selection of subjects: The study was carried out in Type 2 DM patients attending the diabetic outpatient department of General Medicine of Sri Ramachandra University, Chennai, India. These patients were under regular monitoring of blood sugar levels and subsequent treatment. The experimental group included 100 Type 2 DM patients and the control group consisted of 30 healthy individuals free of any systemic diseases with clinically normal oral mucosa. Study groups: The entire study sample was grouped for statistical analysis, based on the recent Fasting Plasma Glucose (FPG) levels as follows: Group I: FPG 110-150mg/dl; Group II: FPG 150-200mg/dl; Group III: FPG >200mg/dl; Control: FPGExclusion criteria: Individuals with habit of tobacco use in any form, habitual alcohol intake, any other systemic illness, clinically evident nutritional deficiencies like anemia, presence of oral sepsis were excluded from the study. After selection of the patient, informed consent was obtained and the p rocedure was carried out. In addition, the biochemical hematological measurements were carried out to exclude anemia other systemic disease. Smear collection and preparation: Patients were asked to rinse their mouth to remove any debris. Following this, with a gentle scraping motion, cells were scraped from clinically normal appearing right buccal mucosa. The scrapings were then evenly smeared onto the glass slide and immersed in 95% isopropyl alcohol in a coplin jar, for half an hour. Staining technique: Smears from all the samples were stained by the Papanicolaou technique (PAP).For few samples two smears were taken from the same site, one stained using PAP and other using Acridine orange(AO), a fluorescent dye, to view with confocal laser scanning microscope. In cases with very high plasma glucose levels smear was stained with Periodic Acid Schiff (PAS) technique to assess presence of candida. Cytomorphometric assessment: The cytomorphometric analysis was done using IMAGE PRO PLUS 5.5 software with Evolution L.C camera. In each of the PAP stained slide, ten fields were chosen by systematic sampling in a step wise manner, moving from left to right and then down and across in order to avoid measuring the same cells again. Cells with clearly defined cellular outlines were only chosen those that were clumped, overlapped or folded were excluded for analysis. The cells were projected on to the monitor via the camera at 40x magnification and images were captured. In the software main menu, the function ‘Measurement mode’ was selected and the icon specifying ‘polygon’ was enabled to analyze the area of interest. The nuclear area (NA) and cytoplasmic area (CA) were obtained by drawing around the nuclear and cell boundaries using the cursor. The areas were recorded in square microns. The nuclear cytoplasmic ratio (N/C) was calculated for all the cells. The various parameters calculated were by the Image analysis software thereby reducing the subjective error. Cytomorphologic assessment: The PAP PAS stained slides were viewed under light microscope whereas the AO stained slides were viewed under confocal laser scanning microscope (LSM-510 meta).Morphologic assessment included inflammatory component, cell degeneration, micronuclei, binucleation, intracytoplasmic inclusion, candida, keratinization, intracytoplasmic microorganisms any other changes. Results On comparison of the cytomorphometry between the various study groups, the results showed a significant increase in the NA N/C ratio (p Discussion DM has become a global problem. It is not a disease but a metabolic disorder. Early detection and subsequent monitoring of this disorder will definitely improve the health of individuals suffering from diabetes. By monitoring the health status of the individuals, diabetic complications leading to morbidity can be prevented, thus producing a healthy society. In the present study we aimed to analyze alterations in the morphology and cytomorphometry of buccal mucosal cells of Type 2 diabetics using exfoliative cytology technique and determine its importance in public health screening and monitoring of DM. The study showed a significant steady increase in NA with increase in blood sugar level (Figure1) from control group (Mean NA-51.03 µm2) to the diabetic Group III (Mean NA-81.21  µm2). This finding concurs with other previously reported studies who reported a significant increase in NA in diabetic patients.5-7 However all these studies did not categorize the patients based on the blood glucose levels. Similar studies using cytomorphometry have been done to analyze the effect of alcohol, tobacco, radiotherapy on buccal mucosa. 8-12 Nucleus contains the genomic DNA, histones and several proteins. The nuclear size can therefore be altered by change in the content of DNA or proteins. There is usually twice as much protein as DNA in a nucleus.13 Hyperglycemia induces a compensatory increase in insulin secretion which in turn causes increase in protein formation. Insulin has several mitogenic functions, including initiation of DNA synthesis in certain cells. These may account for the i ncrease in NA seen in diabetes patients.14 Our study revealed a decrease in CA with increase in blood sugar level i.e.GroupIII mean CA was 2270.63  µm 2 and control mean CA was 2771.6  µm2 (Figure1). This finding is contradictory to studies by Alberti et al 5 and Shareef et al6 who found that CA did not show any significant difference in diabetics and Hassan et al7 who reported a significant increase in CA. However this finding concurs with Prasad et al15 who reported increase in cell diameter and cytoplasmic diameter with increase in glycemic status. Ogden et al10 have reported a similar reduction in cell diameter in patients with habit of alcoholism. The reduction in CA in our study could be due to the dehydrated condition of the diabetics. Increased blood glucose causes dehydration, polyuria polydipsia, intracellular extracellular dehydration. Glucose does not diffuse easily through the pores of the cell membrane causing an increase in osmotic pressure. This increase in osmotic pressure in extracellular fluid causes o smotic transfer of water out of the cells explaining the reduction in CA.16 The comparison of N/C ratio between control and experiment groups showed a steady increase in N/C ratio (from Control-0.0188 to Group III-0.0369) with increasing blood glucose levels(Figure1) .This may be due to a real increase in NA and decrease in CA in diabetic patients, rather than just a deviation from normal. This finding concurs with Rivera et al17 and Prasad et al15 who also reported increase in N/C ratio. In the qualitative changes we found that micronuclei (MN) was present in 44 cases which was statistically significant (p=0.018). MN are known biomarkers of genome damage and has been studied in buccal cell systems. They provide a convenient and reliable index of both chromosome breakage and chromosome loss.MN is found in cells that have completed nuclear division.MN was judged according to criteria by Tolbert et al. 18 Another biomarker of genome damage is nuclear bud formation which was also visualized but not statistically analyzed.16 The nuclear bud has the same morphology and staining properties as the nucleus, however, its diameter may range from a half to a quarter of that of the main nucleus. Hyperglycemia results in formation of Advanced Glycation End products (AGE), endothelial nitric oxide synthase uncoupling, activation of protein kinase C activation of polyol pathway. This in turn causes activation of reactive oxygen species which results in induction of oxidative stress . Oxidative stress is an imbalance between the production of reactive oxygen species and the biological systems ability to readily detoxify the reactive intermediates or to repair the resulting damage. The effects of oxidative stress depend upon the size of these changes, wherein a cell can overcome small perturbations and regain its original state. However, more severe oxidative stress can cause cell death and even moderate oxidation can trigger apoptosis, while more intense stresses may cause necrosis. Oxidative stress has been found to cause genomic damage in DM. 19 This supports the observation of MN in diabetic patients. Few other studies also showed increase in MN in lymphocyte cultures of type 2 diabetics.20, 21 This is the first reported study in which an attempt has been made to study qualitative changes of buccal smear using confocal microscopy. The use of fluorescence dye (Acridine Orange) and visualization under confocal laser scanning microscope enhanced the demonstration of nuclei and micronuclei. They also helped to avoid false positive results. Statistical analysis revealed that cell degeneration was present in 44 cases out of 100 cases. It was statistically significant (p=0.05) implying that increase in blood glucose level leads to oxidative stress and showed increase in degeneration and necrosis. The various qualitative changes included karyorrhexis, pyknosis, apoptosis chromatin abnormalities. Previous studies by Alberti et al5 Shareef et al6 also demonstrated qualitative changes of karyorrhexis. Another significant qualitative change found was the presence of keratinization. This finding is in accordance with an earlier study by Zimmermann et al22 who stated that endocrine dis orders like DM had increased keratinized cell count in the buccal mucosa. The increase in this keratinization may be a compensation for decreased salivary flow.5 Binucleation was present in 45 cases out of 100 but showed no statistically significant result. The significance of these binucleate cells is unknown, but they are probably indicative of failed cytokinesis following the last nuclear division in the basal cell layer. Studies by Alberti et al5 and Shareef et al6 also showed similar findings of binucleation. Increased number of polymorphonuclear leukocytes was observed in the experiment group than chronic inflammatory cells. Increase in inflammation could be due to decreased salivary flow found in diabetics owing to hypofunction of the salivary glands. Hassan et al7 in their study found that incidence of inflammation was higher in diabetic smears. Figure2 Figure3 shows the various qualitative changes viewed under light microscope and confocal microscope. Conclusion: From our study, we could conclude that diabetes produces significant alterations in the cytomorphometry and cytomorphology of buccal epithelial cells. The use of confocal laser scanning microscopy demonstrated qualitative changes with higher resolution and clarity and helped in reducing the possibility of recording false positive and/or false negative observations. Clinical significance: Exfoliative cytology is helpful in diabetic patients who have aversion and fear to needle pricks as it is painless and can be carried out regularly .The minimal time and ease of the procedure is beneficial in mass screening and public health awareness programme. They also aid in monitoring of diabetes mellitus throughout the lifetime of the patient, thereby decreasing the morbidity and preventing long term complications. Acknowledgements Authors would like to thank the Central Research Facility Department of General Medicine of Sri Ramachandra University, Chennai. We would also like to thank the lab assistant Department of Oral pathology and statistician for their valuable help in the study. No conflict of interest. No source of funding.

Friday, October 25, 2019

The West Point Cheating Scandal Essay -- West Point Academy Cheating E

The West Point Cheating Scandal Description: In April of 1976 it was found that there was a possibility that over half of the junior class at West Point Academy had violated the West Point honor code by cheating on a case assignment. The honor code states "A cadet will not lie, cheat, or steal, nor tolerate those who do." This was by far the largest violation of the honor code in West Point history and presented some unusual challenges to the administration. As the year dragged on it was found that more and more students possibly had cheated on the assignment and was also becoming a public relations nightmare in the press and internally to the Army branch of the United States military. The honor code at West Point was pointed and harsh in its dealings with violators and this case brought scrutiny, criticism as well as staunch support for the code and how violations were dealt with. To follow the honor code would be to expel all students involved and this would be a heavy hit on the academy. â€Å"At this time West Point had been having trouble recruiting soldiers because of the public attitude toward the military following the Vietnam War† The other possibility was to scrap the way the system was supposed to behave to keep the cadets in school and to reconstruct the honor code and the way it handled violations. Diagnosis: The diagnosis of the problem stems from the fact that honor code was a rigid book of rules that all cadets were expected to adhere too. All parties guilty of violations were given the harshest punishment of expulsion. They were 100% aware of what was involved and consequences of actions if violated. The Army and the military in general has always been a place of direct leaders and subordinates and takes in pride in the fact that it is a highly disciplined way of life. More so at the respective academies which were created to train and educate future leaders in the branches. The academies are based on trust of your superiors as well as obedience to their commands. There is also the possibility of disappointing your colleagues and in turn losing their respect and camaraderie. This in itself is the one of the reasons some say that the honor code and system had been so successful throughout the years. A change in the code would go against everything that West Point had always stood for and then would hold future gr... ...e, however in support of changing the honor code system in terms of the expulsion penalty at all times as well as the tolerance portion of the penalty. I feel that there are many circumstances in which expulsion is extreme and unnecessary especially when it has to do with tolerance of an honor code violation. Fallout: There is no answer that is going to satisfy all. If the code is changed those who lived and died by it are going to be upset. No matter what happens the media is going to point to different answers. The best answer is one that displays that the army and the academy are strict yet fair and understand and employ honor at all times themselves. When issues like this arise it is a good chance to update a system that could be considered outdated and it is a good time to show that a system such as this can change with the times while still reflecting the pride and honor that is so bestowed upon it. Works Cited http://www.findarticles.com/p/articles/mi_m1316/is_n11_v20/ai_6860628 http://www.valuebasedmanagement.net/methods_french_raven_bases_social_power.html Luthans, F. (2005). Organizational Behavior. 10th edition. New York: The McGraw Hill Companies.

Thursday, October 24, 2019

Observing Argumentation

Argumentation In the 21st century, people are very set in the stereotypical thoughts that society implants in their heads. Many people don't like to step out of their comfort zone when it comes to values and stereotypes. In both stories, I personally think the theme is that everyone should step out of the thoughts that they are used to and be more open-minded about the world.In Fatima Merrill's article â€Å"Digital Scheherazade; The Rise of Women as Key Players In the Arab Gulf Communication Strategies† she Is ring divert the attention of Spanish reporters away from the stereotypical mindset that the Arab world just consists of terrorism and women in veils. Merriness is trying to get the reporters to focus on the positives of the Arab world and give women the credit that they deserve. In Richard Rodriguez story â€Å"Family Values† the author is trying to emphasize what â€Å"family values† really means and the open-mindedness of having a gay family member.Withi n different cultures there are deferent standards, expectations and reactions, but In the end It Is all about acceptance and looking beyond the customs you are used to. Fatima Merriness uses facts and statistics to tell her story about how the digital revolution, called alfalfa racial, has been a big influence in the Arab states. Merriness tries to inform the reader on how ignorant the outside world is towards the reality of the Arab community. Some citizens look at the revolution as something to be worried about when their kids are sitting at home, watching videos that they don't mind appropriate.All they want to do is find a way to ban it, when there are actually many upsides. Merriness uses real life examples, such as Maim Al-Kalmia, to emphasize how women are taking advantage of the advance in technology. She relates the story to her personal experience in Spain and how they didn't have a TV that featured the usual channels she would watch at home. Merriness shows how the Spanis h reporters are Ignorant to the reality of the Arab world because of stereotypes, but also because of lack of knowledge.In Richard Rodriguez story â€Å"Family values† he focuses on the meaning of â€Å"family values† and how it is different in every culture. He uses stories to be able to explain himself and get his point across. American culture is defined as being very independent in the way children are raised, Asian culture is described as the â€Å"whiz kids† and Hispanic culture is described as the people of family. There are stereotypes for every culture and that Is why Rodriguez explains that there Is not one set deflation for â€Å"family values†.When speaking of the gay culture, Rodriguez opens up bout his personal experiences and how gays are rejected in this world. He tries to explain the inner workings of each cultures â€Å"family values†, but ends with the statement that â€Å"family values† are acceptance. People need to step out of the stereotypes in the world and accept the change that is occurring around them. While both authors try to represent open-mindedness and acceptance throughout their stories, I believe that Merriness did a better Job getting her point across. Hill in Merriment's story she uses her personal experience, statistics and facts to inform the reader of her argument. It was easier to understand what she was trying to convey with her piece. In my opinion it was more of a straight forward piece that doesn't leave the reader thinking â€Å"what is she trying to say? â€Å". She started with the reporter's stereotypical mindset of the Arab world, went on to describe the evolution of Arab women and ended with how the outside world needs to focus on the advancement in technology. Her argument is clear from beginning to end and there is never any confusion.

Wednesday, October 23, 2019

Mergers and Joint Mergers Essay

The following paragraphs will discuss week four’s readings that covered vertical mergers, horizontal mergers, conglomerates, and joint ventures. Companies use mergers and joint ventures to increase profitability and efficiency. The following paper will go over the three alliances as well as a joint venture and how it differs from the mergers. Each business arrangement is used to attempt an improvement for the company, the important thing to remember is which will be most beneficial and why. A horizontal merger occurs when two competing companies in the same market joins together to become one firm or one identity. The two companies could have an influence on the competitive market if the companies have a large percentage of that market. The result of the two companies combine will be an increased advantage over their competitors. If the two groups are joining together are small businesses, they could have little to no advantage over their competitors in the market. For example, if two unknown mobile cellular companies merge to increase their services and products, the affect on the existing market could be minimal. If two well-known mobile providers such as â€Å"Apple and Samsung† combine in the market of mobile cellular phones and different accessories, it would give them an advantage over their competitors because of their popularity. The companies have a larger impact on the market at this time with the latest IPhone and Samsung Galaxy.  Therefore; a competitor has a large percentage in the market would decrease barriers of entry for new competitors. A vertical merger occurs when two companies that are next to each other on the supply-chain decide to become one entity and use it as a way to gain a competitive advantage within the marketplace. For instance, a manufacturer merging with a supplier of essential components or raw materials or with a distributor or retailer that sells its products. The goal of vertical mergers is to improve efficiency or reduce costs. Vertical mergers can help to secure access to critical supplies and help to reduce overall costs by eliminating the costs of finding suppliers, negotiating deals, and paying full market prices. It can improve efficiency by synchronizing production and supply between the two groups and ensuring that supplies are available when you need them. A vertical merger can help deal with competitors by making it difficult for competitors to obtain vital supplies, therefore, weakening existing competitors and increasing barriers to the entry of new competitors. Let’s take a look at the technology advancement implemented for the creation of a new iPhone. Apple will merge with the suppliers and distributors for the benefit of having the production accessible for the company when manufacturing and distributing the product. In the world of business, there are times when companies can merge in order to expand their operations in other markets, and possibly lower the risk of the company by doing so. Combining activities, which in turn, will increase their efficiency, can eliminate redundancy between the two organizations. At times, this merger can involve corporations that offer entirely different services or products. These types of mergers are referred to as conglomerate mergers. A conglomerate is â€Å"a corporation that is made up of a number of different, seemingly unrelated activities. In a conglomerate, one company owns a controlling stake in a number of smaller companies, which conduct business separately. Each of a conglomerate’s subsidiary companies runs independently of the other business divisions, but the subsidiaries’ management reports to senior management at the parent company.† (investopedia.com). Some examples of conglomerate mergers viewed between Proctor & Gamble and Gillette, Walt Disney and the American Broadcasting  Company, and ITT, Avis Rent-a-Car, Sheraton Hotels and Continental Baking. To the typical consumer, mergers like the ones listed above do not make sense, but it the world of business; there are positive benefits for all parties involved. Unlike a merger, a joint venture does not require dissolution of their original business or change the organizational structure, but rather two business entities join forces to undertake a single project or aspect of business. The only similarity between the two is that they both include two business entities joining together. A joint merger is a short-term partnership in which the persons jointly undertake a transaction for mutual profit as well as each person contributes assets and share risks. Joint ventures can also be used by companies to gain entrance into foreign markets. Microsoft entered into a joint venture with NBC to create MSNBC. The two companies ventured to bring business news to the television and online. While the two are joins as one for MSNBC, Microsoft and NBC have their companies. Microsoft has their business market in online products and technology. NBC has their television broadcasting network. The two businesses do not affect each other. The two companies maintain ownership of the entity. When two or more companies agree to combine into one entity, it will be referred to as a horizontal, vertical, or conglomerate merger. On the other hand, when two or more businesses enter into a joint venture for a specific object will not incorporate the companies as one. The companies will be able to work together for the new entity, but their overall concept of their business will remain the same. Meaning the companies can perform their business separately from the joint venture. References: Joint venture, (n.d.). Retrieved from http://www.law.cornell.edu/wex/joint_venture Mergers vs. Joint Ventures: What’s the Difference? (2012). Retrieved from http://www.brighthub.com/office/entrepreneurs/articles/82448.aspx Kim, E. (2012), CNNMoney: Retrieved by http://money.cnn.com/2012/07/16/technology/microsoft-nbc-split/index.htm Scilly, M. (2014), Houston Chronicle: Difference between Mergers and Joint Ventures, Retrieved from:www.smallbusiness.chron.com