Hector Is Receiving Training in Maintaining and Repairing Assembly Line

question 66

True/False

Hector is receiving training in maintaining and repairing assembly line robots at a school that uses equipment very similar to that used on the job.This sort of training is known as vestibule training.

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Definitions:

Consolidation

The act of combining multiple entities, assets, or processes into a single, more effective and efficient unit.

Short-form Merger

A method of merger where a parent company merges with a subsidiary and doesn't require approval from the subsidiary's shareholders.

Parent Corporation

A company that owns enough voting stock in another firm to control management and operations by influencing or electing its board of directors.

Subsidiary's Stock

Shares of ownership in a company which is controlled by another firm, where the controlling firm owns more than 50% of the subsidiary's stock.