When two organisations combine to increase their strength and financial gain this is called?
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Mintzberg (1979) Strategy is a mediating force between the organization and its ... competitive advantage; and KPMG Peat Marwick is in strategic financial ... Combine the strengths to core competencies.
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merger occurs when two firms join together to form one. The new firm will have an increased market share, which helps the firm gain economies of scale and become more profitable. The merger will also reduce competition and could lead to higher prices for consumers.
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