Question
Relational competence, or the capacity to collaborate in an alliance or have two businesses meld into one, is a crucial component in the success of
Relational competence, or the capacity to collaborate in an alliance or have two businesses meld into one, is a crucial component in the success of alliances and acquisitions. Due to the possibility of significant cultural, political, and moral disparities, relationship problems between two organizations are made worse in situations involving worldwide alliances or acquisitions. Examine and describe a recent merger or purchase between two companies (within the past three years).Put the businesses in the subject to prevent repetitions. Was this a failure or success? What do you think led to the result? What actions would someone take to ensure that both their company and the partner company had the necessary skills? How might these qualities be used in partnerships or acquisitions with foreign businesses?
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