Mergers and Acquisitions, quickly termed as M&A, generally refer to as the strategies that are followed in purchasing, retailing or merging different companies through money, strategies or management of the work force. The primary theme of the mergers and acquisitions is to save the fainted companies and offer them with the financial aid or to record the home based business areas with the merging of companies in a same type of industry under the name of an individual business entity. While using mergers and acquisitions, the merged companies' operations, work force, financial dealings, research & development facilities and the recruiting will work as an individual entity. With this document, I have taken the example of Adidas and Reebok merger.
In the irreversible tide of globalization, whether developed countries or developing countries, regardless of whether it is happy, have consciously or unconsciously integrated into the procedure, or they'll lose living space. Certain culture is linked to a certain level of economic development. Economic globalization is bound to have profound results on global culture, so all varieties of culture are starting great changes under the great driving drive of monetary globalization. Culture has too much to with the modern way of life, so globalization has a great effect on the consumers (David, 1996). Along the way of globalization, many businesses embark on a way from Localization to globalization, and McDonald's is merely the example that plays an important part in the fast-food business in the world.