In what ways were the cultures of Bank of America and MBNA incompatible?Explain.

Responses should be typed and no longer than one page, single-spaced. Please include your first and last name, title of the case and your section letters.

After reading the assigned Case Note, answer all the questions below. Number each paragraph with the question number.

To get the full 15 points you should 1) answer each of the questions, 2) identify the most relevant elements of the course such as themes, terms, or theories presented in the prior week’s lecture, and 3) explain references or examples in context so that I know you understand them.

Do not just list terminology. Please define and apply them to the details of the case note assignment and boldface them to make sure they pop off the page.

And try to have fun!
Case #6 – “Merger Clashes” – SPECIFIC QUESTIONS

1. In what ways were the cultures of Bank of America and MBNA incompatible?
2. Why do you think their cultures appeared to mesh rather than clash?
3. Do you think culture is important to the success of a merger/ acquisition? Why or why not?
4. How much of the smooth transition, if any, do you think comes from both companies glossing over real differences in an effort to make the merger work?

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