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A(n) ____ Is the Transfer of the Control of Operations

question 35

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A(n) ____ is the transfer of the control of operations and management from one firm to another with the former becoming a unit of the latter, while a(n) ____ is the combination of operations and management of two firms to establish a new legal entity.


Definitions:

Observations

The act of noticing and recording something, often used as a method in scientific research to gather data.

Theory

A system of ideas intended to explain something, based on general principles independent of the thing to be explained.

Operational Definition

A statement of the procedures or ways in which a research concept, variable, or phenomenon is measured or experienced.

Theoretical Definition

A statement that gives the meaning of a term in the context of a theory or framework, specifying the underlying concepts.

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