Mergers and acquisitions are some of the most common forms of business strategies. It is usually used to expand the economic performance of one company. At this point, the manufacturer of hard candies chooses to acquire the manufacturer of soft candies. Before the acquisition, it is always advisable to carry out a research on the kind of partnership that the two businesses are willing to operate. Since there are various department in the company a concrete and reliable research would be needed to ensure outstanding information is gathered for the business partnership. All departments represent different roles in the business with each of them playing a unique role in ensuring success of the organization.
Since departments represent different roles and functions, they deserve to be treated in some uniqueness based on their improvement to the wellbeing of the society. This means that their information is unique, and they ought to be interviewed differently. The best venues for the meetings would be in the various departments of the manufacturer of hard candles. This would pose the advantage of confidence in answering questions. Also, it would facilitate practical guidance on how to conduct research through the use of facilities in each department to illustrate what will be happening in the department at the point of additional task (Arnoudse & Ouellette, 1989).
Preparing all departments for the research which is to be carried out is extremely vital. This means that all departments ought to have reliable information that a research may need during the research for the success of business acquisition and merger. The information that would be critical for all departments should be inclined to their ability to lead to high performance for the company. It would be vial for all organizations to possess a previous financial performance report. This is an extremely significant tool in assessing the anticipated performance for the new company. Before the research, it would be advisable for all departments to prepare an outline of the goals they would like to achieve. This will be followed by a clear analysis and discussion on each goal. This information would be extremely vital in ensuring the overall performance for the company. This is because once all departments work towards a given goal success will be assured for the entire organization (Markham, 2004).
Since different departments form the organization have specific roles in ensuring success for the organization. This dictates that in the research, different questions would be asked for various departments. An outstanding organization will always have IT, manufacturing, distribution, and marketing departments.
For the IT department, the two paramount questions would be; what technology would be acquired to manage the increased production? The next question would be; is there any role that the department would play in ensuring efficient performance for the new organization?
In the manufacturing department questions would be; whether it was possible for the hard candies manufacturing plant to withstand increased production? The next question is on whether the organization had the ability to produce high output under the old manufacturing system would be vital in the research.
For the distribution department, these questions would be; whether the organization would be whether it was possible for the old distribution system to hold the extended production? It would also pose a question on whether there is a need for new distribution system to increase the customer base.
The marketing department would also be characterized of some questions. These questions include; what measures would the department undertake to promote the new product and what customer services would the department embrace to ensure a dynamic performance for the department in extension for profits for the organization.
References
Arnoudse, D. M., & Ouellette, L. P. (1989). Consulting skills for information professionals. Homewood, Ill.: Dow Jones-Irwin.
Markham, C. (2004). The top consultant developing your skills for greater effectiveness (4th ed.). London: Kogan Page.
