Final answer:
The drivers of mergers such as cost reduction, market expansion, synergy, and diversification might have influenced the merger of N Street Village and Miriam's House, with cost reduction being a key factor due to the likely overlap in services like accounting departments.
Step-by-step explanation:
When examining the case of N Street Village and Miriam's House, there are key drivers of mergers that can come into play. While the specific details of this case are not provided here, in general, mergers can occur for several reasons including cost reduction, market expansion, seeking synergy, and diversification. In many cases, mergers happen because organizations recognize an opportunity to combine their operations to reduce duplicate services, such as two accounting departments, which typically leads to cost-saving measures including staff reduction. Another primary driver is market expansion, where the combined entity can reach a larger or different demographic. Additionally, synergy is a key driver in mergers where the combined organization's performance is expected to exceed the sum of its parts due to more efficient use of resources or improved strategic capabilities. Finally, diversification can also be a factor, as merging can allow organizations to expand into new markets and reduce their risk exposure.