Scenario 1.2: HRM Challenges-A Mining Merger

question 19

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.Which of the following strategies would the success of the merger be particularly dependent on?

• A)growth strategy
• B)cost containment strategy
• C)human resource management strategy
• D)the integration of corporate financial strategies

Calculate the deadweight loss resulting from the imposition of a tax.

Analyze the effects of tax on buyers and sellers in terms of price changes.

Determine how the elasticity of demand and supply influences the distribution of tax burdens and deadweight loss.

Interpret graphical representations of supply and demand to assess the impacts of taxation.

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Definitions:

Glomerulus

A network of capillaries located at the beginning of a nephron in the kidney, where blood filtration takes place.

Collecting Duct

Duct within the kidney that receives fluid from several nephrons; the reabsorption of water occurs here.

Proximal Convoluted Tubule

Portion of a nephron following the glomerular capsule where tubular reabsorption of filtrate occurs.

Glomerular Filtrate

The fluid that is filtered from the blood through the glomeruli of the kidney during the formation of urine.