When One Hears Terms Like "Acquisition," "Merger," and "Global Expansion

question 1

Multiple Choice

When one hears terms like "acquisition," "merger," and "global expansion," the underlying master strategy is most likely to be one of _____.

• A) growth
• B) retrenchment
• C) downsizing
• D) turnaround
• E) restructuring

Distinguish between reduced and enlarged scales.

Identify the components and significance of a title block.

Understand the importance of adhering to professional standards in text presentation within drawings.

Know the positioning of title blocks in a drawing.

---

Definitions:

Line Managers

Directly contribute to the production of the organisation’s basic goods or services.

Quality Workforce

A workforce that possesses the skills, competencies, and attitudes necessary to perform their roles effectively and contribute to the organization's success.

Independent Unions

Independent unions refer to labor unions that are not affiliated with any larger national or international federation, focusing on representing the interests of employees within a specific organization or industry.

Industrial Relations

The study and management of employer-employee relationships, encompassing issues such as collective bargaining, labor law, and workplace disputes.