Strategic methods: how to pursue strategies：练习题

When a business grows by merging with or taking over a firm at the previous stage of the production process, such as a clothing retailer acquiring a textile manufacturer, this is known as:

A large multinational retailer decides to enter a new international market by partnering with a local firm to share costs, risks, and local expertise. This method of entry is best described as:

Which of the following is an example of external growth for a business?

Which of the following describes synergy in the context of a business merger?

Which of the following is a method used by a business to become an innovative organisation through continuous, small-scale improvements?

Distinguish between technical economies of scale and synergy following a horizontal merger between two large retail chains.

'TechFlow', a software development firm, is planning a significant expansion. The Board of Directors is debating between organic growth and external growth through a merger with a rival firm.

(a) Compare the risks and rewards of organic growth versus a merger for TechFlow.
(b) If TechFlow chooses to merge, evaluate how the concepts of synergy and organisational culture might determine the success of this strategy.