Concept information
Preferred term
mergers, acquisitions, and strategic alliances
Definition
- Mergers, acquisitions, and strategic alliances have become entrenched in the repertoire of contemporary business executives. Mergers and acquisitions have the potential to accelerate the execution of a business strategy by rapidly helping a firm expand its product or service mix, move into new regional or international markets, capture new customers, or even eliminate a competitor. [Source: Encyclopedia of Industrial and Organizational Psychology; Mergers, Acquisitions, and Strategic Alliances]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/mergers,_acquisitions,_and_strategic_alliances
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