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When an Organization Attempts to Combine with Other Organizations in Different

question 74

Multiple Choice

When an organization attempts to combine with other organizations in different, but associated industries, the strategy is known as a ________strategy.


Definitions:

Counselling

The provision of professional guidance to resolve personal or psychological problems.

Job Search Assistance

Services or support provided to individuals seeking employment, including resume writing, interview coaching, and job placement counseling.

Medium-term Cost Adjustment

Adjustments made to manage costs that are expected to have an impact over the medium term, typically spanning from a year to a few years.

Exit Incentives

Benefits offered to employees to encourage voluntary departure, typically used in workforce reduction strategies.

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