When Compaq and Hewlett-Packard Decided to Become One Company, This

question 96

Multiple Choice

When Compaq and Hewlett-Packard decided to become one company, this was an example of a(n)

• A) acquisition.
• B) hostile takeover.
• C) horizontal merger.
• D) conglomerate merger.
• E) joint venture.

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Definitions:

RRSPs

Registered Retirement Savings Plans, a type of financial account in Canada for holding savings and investment assets to support retirement.

Reduced Pension

A retirement plan that provides beneficiaries with lower benefits than originally anticipated or agreed upon.

Contributory Pension Plans

Retirement plans where both the employer and employees contribute to the fund that will be used to provide retirement benefits to the employees.

Contributions

The act of giving or adding to something larger, often refers to financial contributions in a business or investment context but can also apply to contributions of time, effort, or resources.