Final answer:
An organization might not pursue a merger that makes good business sense due to cultural differences, legal barriers, lack of financial resources, and personal opinions, all of which can significantly impact the feasibility and success of merging entities.
Step-by-step explanation:
Even if a merger makes good business sense, an organization might not pursue it for several reasons, which can include cultural differences, legal barriers, a lack of financial resources, and personal opinions. Cultural differences can lead to difficulties in merging different work practices and beliefs, impacting worker productivity and cohesion. Legal barriers like government-enforced barriers to entry, such as licensing requirements, or non-government-enforced barriers, like trademark ownership, can prevent or make it challenging to pursue mergers.
Furthermore, a lack of financial resources can halt a merger in its tracks because the necessary capital for buying out, merging, and integrating two companies can be substantial. Lastly, personal opinions of key stakeholders can sway the decision on mergers, as leadership styles and visions for the company's future might not align, leading to potential conflicts that outweigh the rational business benefits.