Business expansion and growth are significant for the survival of operations and activities. Today, when there are lot many giant players in the market, it becomes important for organizations to acquire or merge with other competing firms so that the players hold a dominant position in the market and avoid unnecessary competition. Businesses also adopt these strategies to continue their survival and existence in the market and industry. Mergers and acquisitions involve huge restructuring and plans, therefore, these activities must be planned to avoid situations of failed collaboration, conflict in the management of the two, the difference in operations, etc. The management of both companies must have a prior set of plan and activities that reduces the degree of risk and uncertainty while confirming the success of collaboration at the same time.
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- Read the following excerpt from a detailed article on globalisation and answer the questions thatfollow:The ability of countries to rise above narrow self-interest has brought unprecedented economicwealth and plenty of applicable scientific progress. However, for different reasons, not everyone hasbeen benefiting the same from globalization and technological change: wealth is unfairly distributedand economic growth came at huge environmental costs. How can countries rise above narrow selfinterest and act together or designing fairer societies and a healthier planet? How do we makeglobalization more just?According to Christine Lagarde, former President of the International Monetary Fund, “debatesabout trade and access to foreign goods are as old as society itself ” and history tells us that closingborders or protectionism policies are not the way to go, as many countries doing it have failed.Lagarde defends we should pursue globalization policies that extend the benefits of openness…arrow_forwardWhy are each of the BRIC countries viewed as potential candidates for global expansion?arrow_forwardWhat is a potential market in a 3rd world country?arrow_forward
- hat are the pros and cons of using expatriates, host-country nationals, and third-country nations to run overseas operations?arrow_forward7. List disadvantages for a domestic economy and the citizens of home country that come as a result of Firm's decision to go global. How could the Firm mitigate these disadvantages?arrow_forwardHow can globalization be balanced with the need to protect and preserve cultural diversity and heritage?arrow_forward
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