Number one reason is technology or technological advances

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Reference no: EM131681102

There are several primary reasons for merger activity, and the number one reason is technology or technological advances. This historically has been the biggest mover. What happens when a competitor makes advances in a product, or a manufacturing method, or decreases costs in supply chain? It puts added financial pressure on all of the competitors that do not adopt the technology. What happens when a product or service is changed by technology? Feel free to share some examples.

Reference no: EM131681102

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