Haspeslagh and Jemison Argued That the Four Types of Capabilities

question 41

Multiple Choice

Haspeslagh and Jemison argued that the four types of capabilities that create value for acquisitions are:

• A)resource-splitting,functional skill transfer,operational skill transfer,combination transfer
• B)translation,resource transfer,functional skill-sharing,general management skill-sharing
• C)functional upskilling,general management upskilling,resource upskilling,outsourcing
• D)general management skill transfer,resource-sharing,functional skill transfer,combination

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Definitions:

Net Welfare Loss

The decrease in social welfare, often measured as the loss in efficiency or total wealth due to distortions, such as taxes or subsidies.

World Trade Organization

An international organization that regulates international trade and ensures that trade flows as smoothly, predictably, and freely as possible.

Institutionalized

Institutionalized refers to the process by which certain practices or norms become established and accepted in society or within an organization as formal structures.

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that was designed to remove tariff barriers between the three countries.