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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 this merger an example of?
Study Time
The period spent on academic activities outside of formal classroom learning, often dedicated to reviewing materials, completing assignments, or preparing for exams.
Waking Hours
The periods during the day when an individual is awake and actively engaged in activities.
Efficient Production
The process of producing goods or services in a way that minimizes waste and maximizes the utilization of resources.
Coconuts
Edible tropical fruits provided by the coconut palm that are used in a variety of foods and beverages.
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