Submitted by lhall01 on July 23, 2007

• Category: English
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Lei Gap Analysis

Gap Analysis: Lester Electronics
Change is inevitable in many businesses today. In order to maintain competitive advantage and effectively address the various market challenges, organizational management must constantly review and revamp business strategies to best meet the needs of both the organization as well as the market consumers. Such organizational change may include but are not limited to organizational mergers. “A merger refers to the absorption of one firm by another. The acquiring firm retains its name and its identity, and it acquires all of the assets and liabilities of the acquired firm.” (Ross, 2005).
In industries in the throes of global consolidation,...

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