scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,530
The increase in merger activity has presented an interesting challenge to business practitioners corporate analysts and academics alikeThe past two decades however has witnessed a re-emergence of this trend with a proliferation of mergers and acquisitions taking place across virtually all sectors of industry as well as national boundaries This recurrence has clearly been the result of many motivations and is an indication of the logical responses of firms to changes in their competitive environments The merger and acquisition phenomenon has been evident throughout much of the last century with periods of heightened activity in the 1920s the 1960s to the early 1970s for most of the 1980s and again with increasing frequency throughout the 1990s through to the present day Many of the mergers that did occur were horizontal in nature with the exception of the 1920s which saw a flurry of vertical integration while in the 1960s the conglomerate merger was the dominant form Since then much of the merger activity that has taken place has come to be described as strategic in nature by both academics in the field of management as well as industry commentators This classification has therefore come to reflect the principle motive behind many of these mergers the growing desire by firms to establish a larger and more dominant power base in what is an increasingly competitive and multinational world Also embraced within the strategic management theory framework of particular interest is the concept of resource dependency and core competencies When firms face a depletion of resources and competencies that are readily unavailable they are more likely to enter into a merger or acquisition agreement in order to fulfil these requirements An important consideration arises in relation to the competitive advantage of the firm and its core capabilities Mergers and acquisitions are often pursued as a means of securing resources to that of internal development The expectation is that although both companies may individually lack competitive advantage in
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA