In A(n)________,two Companies Join to Form a Single Entity Either

question 6

Multiple Choice

In a(n) ________,two companies join to form a single entity either by pooling their resources or by one company purchasing the assets of the other.

• A) limited partnership
• B) acquisition
• C) merger
• D) joint venture
• E) strategic alliance

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Definitions:

Cross-Trained

The practice of training employees to perform multiple roles or tasks across different departments or functions within an organization.

Group Of Employees

A collective of individuals who work together in a specific workplace or organization.

Up-And-Coming Subordinates

Junior employees who show a lot of promise and potential to excel and take on greater responsibilities in the future.

Potential Managers

Refers to individuals within an organization who have shown capabilities and interest in assuming management roles in the future due to their skills, leadership qualities, and dedication.