Examlex
In the methodological pyramid:
Procedures
Procedures are established methods or sequences of steps followed to complete a task or achieve a specific goal, often documented to ensure consistency and efficiency.
Compliance
The act of following and adhering to laws, regulations, standards, and ethical practices within a business or societal context.
Strategic Management
Strategic management involves the formulation and implementation of the major goals and initiatives taken by a company's top management, based on consideration of resources and assessment of the internal and external environments.
Mergers and Acquisitions
The process where companies are combined or bought out to enhance competitive positioning, gain market share, or achieve synergies.
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