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, wish and want to be efficient, profitable, flexible, adaptable, and start out a dominant securities industry position. Without these qualities, firms believe that is almost impossible to be competitive in todays ball-shaped economy. In some industries such as insurance policy or banking, firms may melt down into new markets. In others such as pharmaceuticals or parcel 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 more and more difficult in our worldwide environment for firms to compete with others without ontogenesis and expanding through de als that result in mergers or acquisitions (Schuler and Jackson, 2001). The deals between more of the largest and most successful global firms such as Chase-J.P.

Morgan, McKinsey-Envision, UBS-Paine Webber, quotation 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 give of merger and acquisition (M& ampere;A) activity (Taylor, 2000) Mergers and acquisitions represent the decease of the continuum of options that companies have in c ombine with each other. The least penetrati! ve and complex form of combination is licensing. Next come alliances and partnerships, and then(prenominal) 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 precaution issues (Hamel, 1991). With our...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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