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

Adapted from bbc questions 1 explain the difference

This preview shows page 3 - 7 out of 27 pages.

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]
Image of page 3
[ 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]
Image of page 4
Image of page 5
[ECONOMICS DATA RESPONSE QUESTIONS]
Image of page 6
Image of page 7

You've reached the end of your free preview.

Want to read all 27 pages?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes