as a ceo you are trying to acquire a foreign firm. The size of your firm will do
ID: 445265 • Letter: A
Question
as a ceo you are trying to acquire a foreign firm. The size of your firm will double, and it will become the largest in your industry. On the one hand, you are excited about the opportunity to be a leading captain of industry and the associated power, prestige, and income. You expect your salary, bonus, and stock option to double in the next year. On the other hand, you have just read this chapter and are troubled by the fact that 70% of mergers and acquisitions reportedly fail. How would you proceed?
Explanation / Answer
every coin has both sides, similarly there will be majority of the cases where the acquisitions and mergers were failed. but i will take this as good opportunity to grow internationally, and i will choose a best team to work on the project. once after taking all the information then only we came to a decision to acquire the firm.
so, we will go further with high care. we can put all our efforts to make the acquisition as grand suceess. history is there to study it and correct the mistakes or errors what ever happened earlier and rectify them. once we are able to correct the mistakes then we can succeeds at our task.
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