mergers, takeovers and joint ventures Flashcards
1
Q
What is a merger?
A
mutual decision for 2 businesses to come together
2
Q
What is a takeover?
A
Business lacks resources for growth so buys another, not always mutual
3
Q
What is a joint venture?
A
seperate business created by two or more businesses
4
Q
An example of a takeover?
A
HP buying compaq
5
Q
An example of a merger?
A
Currys and PC World
6
Q
An example of a joint venture?
A
Renault and Nissan
