Joint Venture

QUESTION 9 DESCRIBE THE DEVELOPMENT PHASES OF MERGERS AND ACQUISITIONS AND THE RESPECTIVE HR IMPLICATIONS Introduction more companies today, in order to survive and grow, posit and want to be efficient, profitable, flexible, adaptable, and demand a dominant mart position. Without these qualities, firms believe that is almost impossible to be competitive in todays ball-shaped economy. In some industries such(prenominal) as insurance policy or banking, firms may imprint into new markets. In others such as pharmaceuticals or package technology, firms may work with smaller firms that have developed or are developing new products that they can manufacture and/or distribute more efficiently, opus other firms focus on their own internal growth, leadership and development. Regardless of the industry, however, it appears that it has become increasingly difficult in our worldwide environment for firms to compete with others without growing and expanding through deals that resul t in mergers or acquisitions (Schuler and Jackson, 2001). The deals between many of the largest and most successful global firms such as Chase-J.P.

Morgan, McKinsey-Envision, UBS-Paine Webber, book of facts Suisse-DLJ, Celltech-Medeva, SKB-Glaxo, NationsBank-Bank of America, AOL-Time Warner, Pfizer-Warner Lambert, Nestle-Purina, and Deutsche Telekom-Voice Stream, attest to this belief. And the future appears to be a continuation of the hold of merger and acquisition (M& ampere;A) activity (Taylor, 2000) Mergers and acquisitions represent the peculiarity of the continuum of options that companies have in combine with each other. The least desirous and com! plex form of combination is licensing. Next come alliances and partnerships, and past joint ventures. Mergers and then acquisitions conclude the combination options. It is the mergers and acquisitions that are the combinations that have the greatest implications for size of investment, control, integrating requirements, pains of separation, and people instruction issues (Hamel, 1991). With our...If you want to get a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper