Black holes Essay Example | Topics and Well Written Essays - 3500 words

Black holes - Essay Example Photons flew out across of the universe, energized to the limit found in nature and billions of years later, the space stations have detected them above our space. Our ability is to discover the mysteries through our present new age high energy astronomy. The universe is full of amazing astronomical and scientific features, but according to scientists and researchers up till now Black holes are considered as one of the most puzzling phenomena in the universe. The definition of a black hole is enough to get one’s attention as a black hole is a celestial body of extremely intense gravity from which nothing, not even light, can escape (Wald, 1984). The significance of black holes in the cosmos is obvious and same they have the importance to gravitational physics. The theory of presence of the black holes in the universe is our real test that how much we understand the concept of strong gravitational fields. This paper mainly deals with this topic i.e. â€Å"the strong gravitational singularity† of black holes. Primarily â€Å"a quantitative approach† is applied to involve the use of library sources, journals and â€Å"online search† as well. The facts about the topic (black hole) are probable emergent themes based on literature reviews and personal research. This document is developed in three segments. It starts with the brief introduction of black holes and their basic characteristics and particularly the gravitational singularity which is the most distinguished property they possess. This part is based on the previous literature review. The preceding segment deals critical analysis regarding the gravita tional singularity of black holes. In the last segment, a conclusion is made based upon literature review and critical analysis. A black hole is a hypothetical cosmic body of extremely intense gravity from which nothing, not even light, can escape (Wald, 1984). The borderline of this region where nobody can escape, is called

Global Corporate Strategy Essay Example | Topics and Well Written Essays - 1000 words

Global Corporate Strategy - Essay Example This was despite the fact that industry trends clearly suggested for formation of strategic alliances rather than entering into any merger. The merger became successful because both the firms were critically able to utilize their core competencies and dynamic capabilities besides achieving the synergies. There have been many factors which created the overall synergies for the new firm to develop itself into a leading global firm in airline industry. This paper will discuss as to how the new firm Air France-KLM was able to use its core competencies and dynamic capabilities to achieve the success it achieved after 2004 merger. Core Competencies Core Competencies of a firm are specific set of skills which an organization executes in order deliver more value for its customers. (Shaabani, Ahmadi, & Yazdani, 2012). One of the core competencies of the new firm was the creation of a larger network which came into existence after the merger. Both Air France and KLM were operating largest and busiest routes in Europe and as a result of the merger, the new firm had an access to a large network and resultantly achieved an advantage which was relatively difficult to replicate by the competitors in the market. KLM was the oldest airline in the world and it provided it necessary time to perfect its learning curve in an industry which changed over the period of time. Such long history provides a firm time to acquire the knowledge and learning required to operate in airline industry. Same was the case Air France as it was also able to develop its core competencies and learning curve over the period of time. It is also important to understand that the new firm has also one of the best maintenance and engineering department delivering allied services apart from passengers and cargo. The set of skills possessed by the engineering department of the firm created the further advantage for the new firm to actually utilize its strengths and become more dominating into a new market.( Va ssolo & Anand,2008) Dynamic capabilities of the firm are determined by the ability of the firm as to how it can integrate its various competencies together to achieve the desired results. (Zheng, Zhang, & Du,, 2011).Dynamic capabilities of the firm are different from its functional competencies and therefore require that a firm become able to integrate wide range of competencies in a cohesive framework to achieve the strategic objectives. (Leonard-Barton, 1992. ). The new firm was able to able to integrate its external capabilities by utilizing its formal as well as informal strategic alliances which actually helped to remain one of the competitive players in the transnational airline market also. (Galunic & Rodan,1998). The firm was clearly able to use its links with the American and other global leaders in order to successfully challenge the new firms which started to follow the same merger strategy after the success of Air France and KLM. It is critical to understand that the fir m has been able to develop and protect these core