Consultancy Project Essay Example | Topics and Well Written Essays - 5000 words

Consultancy Project - test ExampleIn 2004, Neary argued and said that strategic rationale and efficiency gain derived out of mergers and acquisitions are the deuce common reasons identified by Business Organization Literature (Neary, 2004, p.48). To study the literature on this query area, empirical researches done related to this study will be collected from the online books and journals. Most of the previous researches indicated that M&A activity has a 50 percent chance of success which is similar to the probability of get a head when an individual toss an unbiased coin. In 2004, Bruner argued and said that synergy means co-operate or work together and involves in merger when two organizations come together and pool in their resources and expertness for better performance, which is also known as synergy. Thus, in order to achieve continuous gain and lead global competition it is important for organizations to adapt M&A strategy.In todays creative activity the primary objectiv e of a firm is to survive the cut-throat competition and one way to do that is to blade more profits and add value to shareholders wealth. The ladder of success for any firm is growth which throw out be achieved either by expanding existing resources or introduction of juvenile products and services. Another way of achieving growth is through merger and acquisition (M&A).It has become an important an important way for firms to expand their product portfolios and gaining new markets. M&A also helps the firms to acquire knowledge, latest technology and improved care capabilities. In addition, M&A has been found to be extremely successful for specific sectors like pharmaceuticals where gigantic Research & Developments are required.Tesco is the second largest company (after Wal- Mart) to earn profit as well as in the retail industry, the company holds the position of