Disadvantages of business combination to Combining Firms 1. Dis economies of large scale operations: Combined firms may become too large which leads to problems in co-ordination and control.
Advantages of business combinations to combining firms 1. Business combinations eliminates wasteful competition. Costs incurred for advertisement and sales promotion by different small firms can be saved if
Business combinations came into existence in order to hold ruinous competition in check. Great organizing ability, strategic genius, or personal ambition on the pan of one or a
Introduction Prior to the Industrial Revolution, production was carried out in a small scale and the number of organizations operating in a single industry was less. The world
