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A Conglomerate Merger Results When Two Firms in Unrelated Industries

question 2

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A conglomerate merger results when two firms in unrelated industries merge.


Definitions:

Expert Power

The ability to influence others based on the possession of knowledge, skills, or expertise that is recognized and respected.

Politics

Activities associated with governing, decision-making in organizations, or the exercise of authority in complex systems of relationships.

Job Performance

The extent to which an employee carries out their tasks and duties effectively, efficiently, and to the satisfaction of their superiors.

Political Skill

The ability to effectively understand others at work and to use such knowledge to influence others to act in ways that enhance one's personal or organizational objectives.

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