Expansion and Merger

RUNNING HEAD: EXPANSION AND MERGER

Expansion and Merger

ECO 550 - Managerial Economics and Globalization

Expansion and Merger

The essence of retail marketing is developing merchandise and services that satisfy specific needs of customers, and supplying them at prices that will yield profits.

Competition in the today's business marketplace often demands that organizations merge with each other to remain competitive and increase revenue, profits and market share. Others may be looking to consolidate their operations to achieve economies of scale and standardization of processes. Mergers and acquisitions occur when a company buys, sells, or combines with another company within the same country or across borders (Luthans & Doh, 2009).

Government regulation is constantly...