Flashcards
5. Corporate growth modes and acquisitions
Cards in this deck (12)
- 1Name three types of corporate growth modes!- Internal development
- Cooperation
- Acquisition - 2Name three dimensions of growth!- Product
- Regional
- Functional - 3Name motivations for a M&A from a shareholders perspective!- sales synergies
- cost synergies
- financial synergies
- restructuring - 4Name motivations for a M&A from a managers perspective!- Power
- Job protection - 5Name the directions where a company can grow and an example each!- vertical (backwards: supplier, forwards: customer)
- horizontal (competitor)
- lateral (no business relationship) - 6How can the acquisitions be categorized in terms of value chain relatedness?- concentric (horizontal)
- related (vertical)
- conglomerate (lateral) - 7Name the categories for an M&A for following criterias: regional dimension, takeover attitude, paymentRegional Dimension: domestic, cross-border
Takeover attitude: friendly, hostile
Payment: cash, shares - 8Name positive and negative influencing factors for a successful M&A!+ : - Acquisition relatedness
- Experience with Acquisitions
- : - stock offer
- hostile takeover
- past performance (acquirer) - 9Name the three phases of an acquisitions process as well as the pre- and post acquisition activities!Pre: Defining Objectives
1. Acquisition Planning
2. Take-Over
3. Integration
Post: Company Restructuring - 10Name three integration forms of an acquired firm!- Holding (just vertical intervention)
- Symbiosis (complete merger in all domains)
- Absorption (integration of several business units) - 11There are five different planes (dimensions) of integration, name them!SOCES:
- strategic
- organizational
- cultural
- external
- system - 12How do you create net value in an Acquisition?Value Acquirer + Value Target + Potential for Value Creation (synergies) - cost of value creation = Net Value Creation
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- User has deleted their subject information Flashcards on 5. Corporate growth modes and acquisitions, created by Deleted user on 07/12/2018.
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- Deleted user · Dec 2018
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- Dec 7, 2018
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- Created by Nils von der Heide · Dec 7, 2018
- Copied by Nils von der Heide · Dec 7, 2018
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