1. To compete with the powerful U.S. rival Boeing, the companies Aerospatiale, DASA and CASA merged to EADS, with Airbus as a subsidiary. (a) Please discuss the advantages and disadvantages of an international merger in general. (b) Which of these advantages and disadvantages are particularly important in the specic case of EADSIAirhus? Please back up your statements with appropriate reasoning. 2. EADS' initial top management structure was very different from conventional management structures in large, stock-market oriented rms. (a) What are the advantages and disadvantages of a dual structure with two chairmen and two CEOs in a merged company? (b) In 2006, EADS' top management had to respond to a sudden crisis in the wake of the A330 delay. Do you think the dual leadership structure hindered an effective crisis management? Please back up your reasoning by appropriate arguments