1.6 Growth and Evolution Resources

Assessment Objectives
Economies and diseconomies of scale	AO2
The merits of small versus large organisations	AO3

• Market Failure

• Economies of Scale

• What are Economies of Scale? – a concise, theoretical explanation of the different types of economies and diseconomies of scale.

• Economies of Scale – a video explanation of economies and diseconomies of scale.

Assessment Objectives
The difference between internal and external growth	AO2
The following external growth methods: Mergers and acquisitions (M&As) and takeovers Joint ventures Strategic alliances Franchising	AO3

Acquisition

• Takeover Vs. Acquisition – the similarities and differences behind the term’s takeover and acquisition.

• Acquisition – the similarities and differences behind the term’s takeover and acquisition.

• How a NYC Nonprofit is Working with Businesses to make the world a better place – an example of how non-profits partner with MNC’s.

• Riding the wave – this article in The Economist gives an historical overview of M&A waves.

• Platforms upon platforms – an article from The Economist about recent acquisition activity from technology firms.

Company Deals, Mergers and Acquisitions

Many business news sources have a separate section dedicated to tracking recent business deals, mergers, and acquisitions between companies. The following is a list to get you started:

• World Merger and Acquisition Timeline – M&A activity is categorised by region.

• Mergers & Acquisitions – Reuters allows you to choose a specific geographic edition.

• Mergers and Acquisitions – The Economist on mergers and acquisitions.

• Mergers and Acquisitions – The Guardian on mergers and acquisitions.

• Deals and IPOs – CNBC on deals and IPOs.

Assessment Objectives
The role and impact of globalisation on businesses’ growth and evolution	AO3
Reasons for the growth of multinational companies (MNCs)	AO3
The impact of multinational companies on the host countries	AO3

• Globalisation – published by the BBC, this website presents four in-depth reports: Inside the Global Giants, The Noisy Planet, Fast Food Factory, and Global Music Machine. Each of these reports presents different facets of the globalisation debate.

• Globalisation – an aggregation of a recent article on globalisation by The Economist.

• Understanding Globalisation – PBS summarises the pros and cons of globalisation and provides links to other valuable resources around the debate on globalisation.

• Commanding Heights – the purpose of this site is to promote a better understanding of globalisation, world trade and economic development including forces, values, events, and ideas that have shaped the present global economic system.

• Runaway World – published by the BBC, this collection of lectures by Professor Anthony Giddens, previous director of the London School of Economics, focuses on the topic of globalisation. Lectures from Asia, Europe, and North America are available in text, video, and audio formats.

• What Thomas Friedman means when he says ‘The World is Flat’ – a video giving an example to explain how the ‘Flat World’.