
Sunday, March 20, 2011
Communication Is the Key
Communication Is the Key
While as entrepreneurs it is good to merge with another company or being bought out can be a good thing. The good ones bring to the table offerings of compatible technology, accelerated growth or new potential. However, mergers sometime can go wrong. When two companies offer essentially the same products or services, and there only reason to merger is to increase profits, solely, leaving off or lessoning services and diminishing product lines–as being causalities of that merger. In addition to creating a “too big, too fail” business model or by creating an industry monopoly (for example, the combined merger of AT&T and T-Mobile would serve about 43 percent of U.S. cellphones).

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