Second, corporations can have greater control over the global market and reduce its costs by mergers and acquisitions. As a company becomes bigger, it will have greater influence on market prices. Even if the company produces various products, there is a common input, so it can achieve reduction in costs.
Third, companies can save time when they enter to a new market by takeover. They can acquire or share customer lists, knowledge, brand image and more. They could even have synergy effects as well. Starting from scratch is a time consuming process and costly. It is especially beneficial when a company is seeking to launch new project in other countries as it can immediately come up with a better marketing strategy that would fit with value, culture and the standard operation system of the target country.
1 Comment for Correct English Grammar Please.?
The Author | February 3, 2010 at 11:59 am
Leave a comment!
You must be logged in to post a comment.
Your first paragraph is PERFECT.
In the second paragraph, the FIRST sentence needs ONE word removed: “Third, companies can save time when they enter (remove “to”) a new market by takeover.”
The LAST sentence could be rewritten:
It is especially beneficial when a takeover company seeks to launch a new project in other countries. It can immediately come up with a better marketing strategy that would fit in with the values, culture and the standard operating procedures of the target country.
There really is very little that needs correction. You did VERY well. Good luck!