Introduction
The globalisation of business over the past decade has caused a search for competitive advantage that is worldwide in scale. In response to the pressures of the rapidly consolidating global economy, companies follow their customers who are going global themselves. In combination with other trends, such as increased deregulation, privatisation, and corporate restructuring, the internationalization process has led to increasing cross-border activities in business.
In the second chapter the authors present three types of cross-border deals, mergers, acquisitions and joint ventures. The following chapter covers challenges which these companies have to face when expanding to international businesses. The fourth part shows opportunities of the three cross-border types and examines their cultural and human resource aspects.
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Inhaltsverzeichnis (Table of Contents)
- Introduction
- Various types of cross-border deals
- Merger and Acquisition (M&A)
- Joint Venture
- Challenges resulting from cross-border deals
- Human Resources and Cultural differences
- The power and pervasiveness of labour unions and employee representatives
- Legal differences
- Political considerations
- Integration of operations
- Opportunities for cross-border deals
- Motives of Mergers and Acquisitions
- Motives of Joint Ventures
- Functions of Culture
- Human Resource Management
- Cross-Cultural Training
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This essay examines the challenges and opportunities of cross-border deals, specifically focusing on mergers, acquisitions, and joint ventures. The aim is to provide an overview of the key factors that influence the success or failure of these types of international business activities.
- The increasing globalisation of business and its impact on companies.
- Different types of cross-border deals, their advantages, and disadvantages.
- Challenges related to human resources, culture, legal systems, and political considerations.
- Opportunities arising from cross-border deals, including potential for growth, market expansion, and access to new resources.
- The role of cultural differences and the importance of effective human resource management in cross-border collaborations.
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction sets the context by highlighting the increasing globalization of business and the resultant rise in cross-border deals. It outlines the focus of the essay on mergers, acquisitions, and joint ventures.
The second chapter introduces different types of cross-border deals, particularly mergers and acquisitions. It explores the concept of M&A, including its various types, the economic trends influencing its popularity, and the potential for success or failure in these ventures.
Chapter three delves into the challenges associated with cross-border deals. It examines the complexities arising from cultural differences, labor relations, legal discrepancies, political considerations, and the process of integrating operations.
The fourth chapter focuses on opportunities presented by cross-border deals. It explores the motives behind mergers and acquisitions, as well as the motivations for joint ventures. It also delves into the functions of culture in international business, the significance of human resource management, and the importance of cross-cultural training.
Schlüsselwörter (Keywords)
This essay focuses on the themes of cross-border deals, mergers, acquisitions, joint ventures, globalization, cultural differences, human resource management, legal considerations, political factors, and opportunities for international business expansion. It explores the challenges and advantages of collaborating across borders, emphasizing the importance of cultural sensitivity and effective human resource management for achieving success in such ventures.
- Citation du texte
- Markus Aßner (Auteur), 2004, Challenges and Opportunities of Cross-Border Deals, Munich, GRIN Verlag, https://www.grin.com/document/39106