You are on the executive board of an information technology firm that provides trafficking software to the trucking industry. One ofthe firm’s managers feels the firm should grow and hassuggested the firm expand by creating trafficking software for railshipments or by offering trucking trafficking services online. Youknow your firm is in a position to expand but are not sure aboutthe best way to do so.
Should the firm consider a merger with or an acquisition of afirm that offers the suggested services, or should it develop theminternally? List the advantages and disadvantages of each; thenstate whether you would develop them internally or if you wouldchoose a merger or acquisition and why.