Adapted from BBC Questions 1 Explain the difference between a merger and a

Adapted from bbc questions 1 explain the difference

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Adapted from BBC Questions 1 Explain the difference between a merger and a takeover [2] 2 Explain the problems that Porsche-Volkswagen may face in merging two different corporate cultures. [6] 3 With reference to Porsche , analyse the advantages and disadvantages of organizational growth through mergers and acquisitions. [8] 4 Evaluate methods of making mergers more successful by effective change management. [8]
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[ ECONOMICS DATA RESPONSE QUESTIONS ] This Worksheet has been downloaded from . Revision notes, crosswords, quizzes, flash games for IGCSE, A Level, IB Diploma Business Studies, Economics and Accounting. Check out Business studies and economics blog for latest info. © £14 M BOOST FOR M ICHELIN FACTORY Tyre manufacturer Michelin is investing £14m in its factory at Ballymena. More than 1,000 people are employed at the plant, which makes bus and truck tyres mostly for export to mainland Europe and North America. The company said no new jobs would result from the investment, but it would help underpin existing employment levels and improve efficiency. Invest Northern Ireland is contributing £2.6m towards the total cost of the investment in machinery and equipment. Michelin has been established in Ballymena for almost 40 years, and Economy Minister Nigel Dodds said the investment "demonstrates the company's continuing commitment to the area". He added: "If levels of productivity are to be increased in Northern Ireland, it is essential that local firms focus on adding greater value to their operations and increasing their export capability." Source : BBC Questions 1.Define the following terms: a. Productivity b. Added value c. Exports [2] [2] [2] 2.Explain what benefits might be gained by the local community in Ballymena because of this investment. [6] 3.Michelin is a multi-national company. Explain what is meant by a Mulitinational business. [3] 4.Identify the drawbacks to the country because of Multinational businesses [5]
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