When an Organization Purchases Another Organization or Business in Order

question 58

Multiple Choice

When an organization purchases another organization or business in order to grow, it is known as a(n) :

• A)first mover
• B)defender
• C)acquisition
• D)merger

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Definitions:

PERT

Program Evaluation and Review Technique is a project management tool used to plan, schedule, and control complex projects by analyzing tasks and their time estimates.

Critical Path

The sequence of stages determining the minimum time needed for an operation, project, or process development.

Variance

A statistical measure that represents the dispersion or spread of a set of data points or values around their mean.

Time-Cost Tradeoffs

In project management, the relationship between the time to complete a task and the cost associated with it, illustrating how increasing speed can lead to higher costs.