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Harvard Business Review (2019) reported that nearly 90% of mergers and acquisitions (M&A) fail to accomplish their financial goals, due to factors such as unclear communication, loss of capable staff, and poor cultural fit. In fact, human resource departments play a crucial role in facilitating M&A to overcome upcoming challenges.
(b) From a human resource management perspective, discuss how cultural and people issues can determine the success of a merger or an acquisition.
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