ADMS 1010 Chapter Notes - Chapter 3: Mergers And Acquisitions
29 Apr 2016
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Statement of the claim should be fair: words that may indicate a claim is being made: Therefore, thus, in summary, i believe that, clearly, in short, the data show that, as a result, in fact . Types of claims: uncontested claims, consistent with experiences and observations, facts that are independent of interpretation, agreement among experts, technical or mathematical claims. Contestable claims: the validity (truth) of the claim can be questioned, must be justified (supported) with evidence, forceful rhetoric ( the fact is , there is no doubt ) does not mean the claim is uncontested. Large firms are able to capitalize on economies of scale and scope: Scale: large plants make products at a lower cost than small ones because cost per unit drops as volume of output rises. Scope: large plants use many of the same raw and semi-finished materials and intermediate production processes to make a variety of different products. Teams of managers: when bigger is not better:
