One of the advantages is small businesses can market products and services to a wider audience. A disadvantage can be owner or stockholder conflict with regards to the vision and direction of the company.
One disadvantage to acquiring a new business is the fact that you will have to downsize your workforce. Since many of the positions will be duplicates, you have to reduce your workforce.
One advantage to an acquisition for individual workers is the ability to be promoted. A disadvantage of an acquisition is the fact that employees may get laid off.
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