How beautiful is big?

Article Abstract:

There is increased international merger and acquisition activity among law firms, stimulated by financial deregulation and the complex nature of business laws. More law practices are expected to attempt to position themselves for pan-European practice as the 1992 goal of an internal market draws near. The British legal industry in particular is in a period of rapid growth, having been helped by the 1967 liberalization of government regulations. Slower growth of law firms has been going on in European nations such as West Germany. The merger activities and practices of several large British and European firms are described.

Management, Acquisitions and mergers, International aspects, Law firms

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The coming chaos in paperless trading

Article Abstract:

Electronic data interchange (EDI) systems offer a way to increase communication throughout Europe. Businesses are now pushing to establish an EDI standard, EDIFACT, to be put into place in the 1990s. EDI has advantages, but there are also numerous obstacles that must be overcome, such as: transport costs; language barriers; and different technical standards.

Standards, Business communication, Electronic data interchange, EDI (Electronic data interchange), European Community

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Stealing a beat of the Japanese

Article Abstract:

Simmons Electronics, maker of the SDX electronic drum kit, is competing with large Japanese firms and holds a 50% market share in the expanding world market for electronic drums. SDX, which came on the market at the beginning of 1988, has sophisticated software whose originality gives the company an edge over its Japanese competitors.

England, Musical instruments, company profile, Electronic percussion instruments, Simmons Electronics

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