Examlex
American local governments were not planned according to some grand design. Rather, they grew in response to a combination of citizen demand, interest group pressure, and state government acquiescence. As a consequence, no rational or easily understood system of local governments exists.
Preemptive Merger
A strategy where a company merges with or acquires another firm to prevent competitors from doing so, often to maintain its competitive advantage or market share.
Synergy
The additional value created when two or more entities combine forces or resources, leading to efficiency gains or enhanced performance that would not be possible independently.
External Growth
Expansion of a business through acquiring or merging with other companies, rather than from its own operations.
Internal Growth
The process of expanding a firm's operations from its own internally generated resources, without relying on takeovers or mergers with other companies.
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