#integrated device

With a view to ensure the smooth operation of the hotel international of entrepreneurship, its owners and managers shall constantly adapt to changes in the environment. However, the innovative development of the enterprise, which is based on managerial innovation, involves constant qualitatively new changes in the internal environment, entrepreneurial culture, and personal beliefs of employees. Thus, managerial innovations are a key factor in the effective development of the hotel and catering business, the acquisition of unique properties that will provide long-term competitive advantages in the market. Therefore, the long-term success of a hotel and catering business is determined by its ability to constantly bring innovations into use. The possibility of testing managerial innovations under conditions close to the real economic activity of the enterprise, observation of the results of its implementation will reduce the resistance of employees and managers of institutions to radical changes which will enhance their initiative and willingness to use unconventional management techniques.

Renesas set to acquire chipmaker IDT for $6.7 billion

Japanese firm Renesas Electronics announced its plans to buy US chipmaker Integrated Device Technology (IDTI) for $6.7 billion. The $49 per share-deal is said to be at a 16% premium to Integrated Device’s stock price on Monday and is expected to close by next June.

Renesas plans to fund the transaction mainly through a bank loan of $6.1 billion and cash and believes it will be able to generate…