Direct Control or Partnership and Collaboration
Discuss the advantages and/or disadvantages of direct control of resources (e.g. mergers and acquisitions) versus the use of partnerships and collaboration with other entities.
In Merger and acquisition one main advantage is that competition is reduced. Therefore, buying a new product or service may be quite cheaper than when you are developing on yourself. Nevertheless, In case of partnership and collaboration competition is always high. You find that in partnership and collaboration those successful companies remember that there is likelihood for their partners to be working hard to outdo them. Thus…………….