Mergers Often Increase Profit by

question 60

Multiple Choice

Mergers often increase profit by

• A)producing economies of scale.
• B)producing economies of scope.
• C)increasing efficiency of the firm.
• D)All of the above.

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Definitions:

People Management

The practice of recruiting, training, and overseeing employees in a workplace to maximize their performance.

Services

Intangible products provided to consumers, such as repairs, entertainment, or consultation, which do not result in ownership of anything physical.

Customer Experience Management

The method of creating and responding to interactions with customers in a way that fulfills or surpasses their expectations, aiming to boost satisfaction, loyalty, and support among them.

Internal Marketing

The promotion of a company’s objectives, products, and services to its employees, aiming to align customer and employee satisfaction.