________ Is Characteristic of the Ability to Perform the Service

question 26

Multiple Choice

________ is characteristic of the ability to perform the service as promised.

• A)Reliability
• B)Assurance
• C)Tangibility
• D)Expertise
• E)Responsiveness

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Definitions:

Merger

The combination of two or more companies into a single entity, often to achieve synergies.

Consolidation

The process of combining multiple financial statements of a company into a single statement, often after acquisitions or mergers.

Acquiring Firm

An acquiring firm is a company that purchases or takes control of another company, typically through a merger or acquisition.

Corporate Takeover

The acquisition of one company (the target) by another (the acquirer), which can be friendly or hostile, often aiming to gain control of the target company’s operations and resources.