Think about a recent merger or takeover. What benefits were claimed for it at the time of it announcement? Have they materialized?

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Think about arguments for and against leveraged buyouts and hostile takeovers. Which do you find most persuasive? Present your ideas to the class and think of any further arguments either for or against.

 Over to you

Think about a recent merger or takeover. What benefits were claimed for it at the time of it announcement? Have they materialized?

Make a presentation of you research to the class. Discuss the outcome of this merger or takeover.

Module 3 Management

Starting up

A. Quick management test.

1) Every successful business is dependent on good … 

manages

management

managerial

manager

2) It is said that good management has always been the invisible ingredient of …  

successfully

succeed

successful

success

3) Management gurus are people whose role is to … and spread around new and effective management practices.  

interpretation

interpret

interpreted

interpreter

4) Peter Drucker[6] is the management guru who … the notion of 'management by objectives'.  

inventor

inventive

invention

invented

5) Successful gurus are adept at … management theory and practice response to a constantly changing world.  

reformulation

reformulating

reformulate

reformulates

6) Effective management in a turbulent world is … the major international challenge for business. 

increasingly

increasing

increased

increase

7) Douglas McGregor² … two main styles of management: X-Theory which is authoritarian, autocratic and repressive; and Y-Theory which is participative, delegating, and developmental.

defined

defining

has defined

was defined

Reading 1: Basics of Management

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