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The managers at Movo Automobile Inc.want to diversify their business by acquiring a consumer electronics company.This acquisition would mean increased job security,higher compensation,and greater decision-making authority for the managers.The managers correlate this acquisition to greater power for them rather than to the appreciation in shareholder value.In this scenario,this acquisition by Movo Automobile is most likely a result of
Industrial Trades
Professions that involve specialized skills and knowledge in areas such as manufacturing, construction, and maintenance, typically requiring hands-on work and training.
Job Rotation
A practice in which employees are moved between different jobs or tasks to learn new skills, gain exposure to different areas of an organization, and increase engagement and motivation.
Career Opportunities
Prospects for professional growth and development available in one's job or industry.
Tradespeople Workforce
A segment of the workforce specializing in skilled trades, such as carpentry, plumbing, and electrical work, often requiring specialized training and certifications.
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