Examlex
When determining the human resources needs for a well-known engineering firm, the HR director realized that the company lacked engineers under the age of 30. The company could not afford to get caught short in this competitive business climate. An important recruitment strategy for the HR director's department was to start attending college fairs as well as considering hiring interns. We define his recruitment efforts as developing relationships with
Vertical Merger
A combination of two or more companies at different stages of production in the same industry.
Conglomerate Company
A large corporation that owns a diversified group of other companies across various industries, with no single business dominating its portfolio.
Minority-Owned
Refers to a business that is at least 51% owned, controlled, and operated by individuals from a recognized minority group.
Small Businesses
Independent enterprises with limited size and revenue, characterized by fewer employees and lesser market share compared to larger companies.
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