Short term Implications of a business expansion

§ Access to new assets, markets and products

§ Staff can feel uncertain as a result of a takeover/merger. This can affect motivation at work

§ Job losses can occur as a result of rationalisation

§ Many new costs are now apparent

Long term Implications of a business expansion

§ The increased size of the firm can improve its chance of survival

§ Personal touch of firm can improve its chances of survival

§ May result in SYNERGY

§ Larger firms are more difficult to manage, which may led to waste & inefficiency