Short Answer Questions-2 questions, 10 points each 1) In Benjamin Gomes-Casseres book, Remix Strategy, the author puts forth an interesting framework for considering and analyzing merging and/or acquiring businesses. His Three Laws of Business Combinations have three practical implications: A. First Law - Value created by any combination should exceed the value that would be generated by the players acting alone. B. Second Law- Combinations must be designed and managed to realize joint value. C. Third Law - Each participant must earn a return sufficient to justify the investment. Discuss possible sources of "joint value" that you would consider in weighing the acquiring and combining of a company - why value may be created when firms combine. (Recall: the author discusses several generic sources of joint value, and summarized these suggestions in his "Tool 5.") Short Answer Questions-2 questions, 10 points each 1) In Benjamin Gomes-Casseres book, Remix Strategy, the author puts forth an interesting framework for considering and analyzing merging and/or acquiring businesses. His Three Laws of Business Combinations have three practical implications: A. First Law - Value created by any combination should exceed the value that would be generated by the players acting alone. B. Second Law- Combinations must be designed and managed to realize joint value. C. Third Law - Each participant must earn a return sufficient to justify the investment. Discuss possible sources of "joint value" that you would consider in weighing the acquiring and combining of a company - why value may be created when firms combine. (Recall: the author discusses several generic sources of joint value, and summarized these suggestions in his "Tool 5.")