All of the Following Are True About the Challenges of Integrating

question 128

Multiple Choice

All of the following are true about the challenges of integrating firms with different corporate cultures except for

• A) Cultural issues can run the gamut from dress codes to compensation
• B) The acquired firm's overarching culture is generally rapidly accepted by the target firm's employees
• C) Small companies are usually highly unstructured and informal
• D) There are often differences in culture even between firms in the same industry
• E) Integration may be inappropriate if acquirer and acquired firm's cultures are extremely different.

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Definitions:

Trade Name

The name under which a business operates or is known to the public, which might be different from its legal, registered name.

Entrepreneurship

The act of creating, designing, and running a new business venture, often starting as a small enterprise and seeking to innovate and scale.

Timmons Model

A framework in entrepreneurship that emphasizes the dynamic balance between opportunity, resources, and team as vital components for venture success.

International Markets

Consist of all the buyers and sellers outside of the company's own country, representing opportunities for trade, investment, and expansion.