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DOI: 10.18413/2408-9346-2021-7-1-0-7

Mergers and acquisitions of organizations: epistemological aspects

The choice of modern strategies for the company's development through endogenous or exogenous growth is highly individualized. In economic practice, it is considered that mergers and acquisitions are a natural way of developing enterprises, which, in turn, is part of the synergy effect. In the economy – more precisely, in the theory of control of these processes are thoroughly analyzed and studied. Management theory focuses on these processes and considers them in a broad perspective. Practice shows that there are concentrations that can lead to industrial conglomerates or the creation of corporations covering enterprises that are often unrelated. Companies with a holding structure can also be created. The purpose of the article is to systematize the terminology and definitions from the field of mergers and acquisitions. Based on theoretical considerations, the author defines the role and significance of knowledge in modern economic processes.

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