Page 71 - DLIS104_MANAGEMENT OF LIBRARIES AND INFORMATION CENTRES

Management of Libraries and Information Centres

Notes it wants and leave out the assets and liabilities that it does not. This can be particularly
important where foreseeable liabilities may include future; un quantified damage awards
such as those that could arise from litigation over defective products, employee benefits or
terminations, or environmental damage. A disadvantage of this structure is the tax that
many jurisdictions, particularly outside the United States, impose on transfers of the indi-
vidual assets, whereas stock transactions can frequently be structured as like-kind ex-
changes or other arrangements that are tax-free or tax-neutral, both to the buyer and to the
seller’s shareholders.

Notes The terms “demerger”, “spin-off ” and “spin-out” are sometimes used to indicate a
situation where one company splits into two, generating a second company separately
listed on a stock exchange.
As per the knowledge based views, firms can generate greater values through the retention of
knowledge-based resources which they generate and integrate. Extracting technological benefits
during and after acquisition is ever challenging issue because of organizational differences. Based
on the content analysis of seven interviews authors concluded five following components for their
grounded model of acquisition:
1. Improper documentation and changing implicit knowledge makes it difficult to share
information during acquisition.
2. For acquired firm symbolic and cultural independence which is the base of technology and
capabilities are more important than administrative independence.
3. Detailed knowledge exchange and integrations are difficult when the acquired firm is
large and high performing.
4. Management of executives from acquired firm is critical in terms of promotions and pay
incentives to utilize their talent and value their expertise.
5. Transfer of technologies and capabilities are most difficult task to manage because of
complications of acquisition implementation. The risk of losing implicit knowledge is
always associated with the fast pace acquisition.
Preservation of tacit knowledge, employees and literature are always delicate during and after
acquisition. Strategic management of all these resources is a very important factor for a successful
acquisition. Increase in acquisitions in our global business environment has pushed us to evaluate
the key stake holders of acquisition very carefully before implementation. It is imperative for the
acquirer to understand this relationship and apply it to its advantage. Retention is only possible
when resources are exchanged and managed without affecting their independence.

Task Periodical Area is the Information power House - Classify.

10.2 Methods of Recording with Special Reference to Kardex

The two advanced digital formats, DVD-audio or super audio CD (SACD), will win the hearts and
ears of the listening public. Oddly, in many ways we’re in the same position that we were 100 years
ago. Back in the 1800’s people invented all kinds of new things. In 1877 Thomas Edison built the
first working recorder/player. Originally this was a strip of wax-coated paper as recording medium
and a needle stuck in a telephone diaphragm as both microphone and loudspeaker, depending on
whether you were recording or playing. Later in the same year this device was upgraded,
substituting a cylinder wrapped in tinfoil for the waxed strip, and the first “phonograph” was
born.
About 10 years later after a number of nasty legal battles over who owned the patent to the
phonograph a German immigrant to the United States named Emile Berliner developed a similar

66 LOVELY PROFESSIONAL UNIVERSITY