When Two or More Firms Combine to Form a New

question 147

Multiple Choice

When two or more firms combine to form a new firm,it is called a(n)

• A) takeover.
• B) acquisition.
• C) merger.
• D) organic design.
• E) mechanistic design.

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Definitions:

Jury

A group of citizens convened to render an impartial verdict (a finding of fact on a question) officially submitted to them by a court.

State Court

State courts are judicial bodies within the individual states of the United States that deal with matters under state laws and jurisdiction.

Confidential Nature

Pertaining to information or data that is intended to be kept secret or private, often due to its sensitivity or value.

Mediation Proceedings

A structured, interactive process where an impartial third party assists disputing parties in resolving conflict through the use of specialized communication and negotiation techniques.