The Acquisition of a Firm Whose Business Is Not Related

question 22

Multiple Choice

The acquisition of a firm whose business is not related to that of the bidder is called a ________ acquisition.

• A)conglomerate
• B)forward
• C)backward
• D)horizontal
• E)vertical

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Definitions:

HR Strategy

A plan of action designed by an organization to maximize the productivity of its employees by optimizing its human resources practices.

Business Strategy

A plan of action designed to achieve a long-term or overall aim within the business environment, guiding decision-making and resource allocation.

Behavioral Perspective

An approach in psychology focusing on the study of observable behavior and its environmental determinants.

Strategic Management

The process of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.