Examlex
MATCHING
Match each person with one of the descriptions below.
-William Randolph Hearst
Cultural Integration
The process where individuals from different cultural backgrounds come to live together harmoniously, sharing and adopting values, traditions, and norms.
Conglomerate Merger
A type of corporate merger involving companies in unrelated business activities.
Layoffs
A process in which a company permanently ends employment for a number of its staff to reduce costs or due to business restructuring.
Workforce Reduction
This describes the process of a company decreasing its employee base to reduce costs and improve efficiency, often involving layoffs or early retirement incentives.
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