An Alliance Will Be Preferred to an Acquisition When There

question 20

True/False

An alliance will be preferred to an acquisition when there are legal constraints on acquisitions.

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Definitions:

AFL

The American Federation of Labor is a nationwide coalition of labor unions within the United States.

CIO

Congress of Industrial Organizations, historically a federation of labor unions in the United States.

Taft-Hartley Act

A federal act passed in the United States in 1947 that serves to reduce the power and activities of labor unions.

Strikes

A work stoppage caused by the mass refusal of employees to work, typically aiming to enforce specific demands regarding their employment condition.