If Two Firms Consolidate, the New Corporation Usually Succeeds to the Rights

question 16

True/False

If two firms consolidate, the new corporation usually succeeds to the rights, powers and immunities of its component parts.

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Definitions:

Customer Relationship Management

A strategy for managing an organization's relationships and interactions with customers and potential customers.

Customer Preferences

Refers to the desires, tastes, or inclinations that customers have regarding products or services, which can influence their buying behavior.

Internal Customers

Employees or departments within an organization that rely on others within the same organization for products, services, or information.

Continuous Improvement

An ongoing effort to improve products, services, or processes by making small, incremental improvements over time, rather than through big, radical changes.