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?It would appear that chaos rules in the world of mergers and acquisitions. But our analysis reveals that these trends are not a matter of happenstance. On the contrary when we take a deeper look, it becomes evidence that industry consolidation conforms to a set of laws? (AT Kearney, Merger Endgames 2002) ? [See full article]

?In their article ?The Dubious Logic of Global Megamergers?, Ghemawat & Ghadar believe that that many international firms follow a ?herd? behaviour and jump on the merger bandwagon, that often leads to failure. In contrast, AT Kearney argue that global mega-mergers are an inevitable part of the industry life cycle and the need to consolidate on a global level. [See full article]

a. Critically debate the arguments for and against global mega-mergers and whether you think they are beneficial or not.

- Introduction (100 words)
- Outline the points for global mega-mergers (350 words)
- Outline the points against global mega-mergers (350 words)
- Consider if you think these are a good idea or not (200 words)

Advisory: You should use academic and practitioner literature to support your argument and conclude whether you think global- mergers are beneficial or not beneficial overall. Treat the answer as a concise written debate.

b. Discuss the measures firms should take to reduce the risk of failure in both the pre-merger and post-merger phases.

- Introduction (100 words)
- Pre-mergers (400 words)
- Post mergers (400 words)
- Conclusion (100 words)

Advisory: You need to consider both the concept of Due Diligence and relevant literature on change management and merger integration.

You are required to build original argument & analysis through comparing and contrasting literature, using case based examples and providing your own conclusive critical argument

Q.2.

?The development and upgrading of clusters is an important agenda for governments, companies, and other institutions. Cluster development initiatives are an important new direction in economic policy, building on earlier efforts in macroeconomic stabilisation, privatisation, market opening, and reducing the costs of doing business.?

Source: http://www.isc.hbs.edu/econ-clusters.htm (Accessed 21/03/2012)

Critically evaluate and discuss the contribution of Clusters theory in international business management.

You are required to build original argument & analysis through comparing and contrasting literature, using case based examples and providing your own conclusive critical argument

Both assignments should contain journal article to back-up the content of both essays but also both stage 1 and 2 have to be separated into two different assignments

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