Scenario 1.2: HRM Challenges-A Mining Merger

question 1

Multiple Choice

Scenario 1.2: HRM Challenges-A Mining Merger
Trimack Resources Inc. ,a Western Canada mining company,bought WestStar Mining,an Eastern Canada company.Ray Morrison,the CEO of Trimack Resources Inc.was focused on ensuring the new business revolved around how well the people side of the merger was handled.Ray felt that it was critical that the two businesses integrated their people.Morgan Grant,the CEO of WestStar Mining was focused on managing the complex financial issues of the merger.Morgan felt that it was critical that the financial reports were in order before they could move forward with their strategic plans.The new HRM department immediately began terminating employees when they noticed that there were several situations where two employees were doing the work of one position.
-Please refer to Scenario 1.2.What is an example of an HR initiative that would support Morgan's approach to the merger?

• A)sustainability initiatives
• B)careful employee monitoring
• C)performance management systems
• D)clarifying employee positions and labour costs

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Definitions:

Transaction Costs

Expenses incurred when buying or selling securities, including broker fees, commissions, and other charges.

Tailoring

The process of making or adapting something, especially clothing, to meet specific requirements or fit particular measurements.

Dividend Stream

The flow of dividend payments issued by a company to its shareholders over time, reflecting the firm's profitability and policy on income distribution.

Dividend Policy

A company's approach to distributing profits back to its shareholders in the form of dividends.