Mergers and Acquisitions

One of the critical components of a corporate growth strategyGrowth strategy is integrationIntegration. Under the integration strategyIntegration strategy, one or more firms expand their control over different types of businesses, like suppliersSuppliers, producersProducers, and competitorsCompetitors, to retain competitive advantageCompetitive advantage. Firms can grow by adding new productsNew products, services, and markets. It allows the business to enter new lines of business. Four common forms for expanding business are strategic allianceStrategic alliances, mergerMergers, acquisition, and joint ventureJoint venture.