In a Bill of Material, a Parent May Have Many

question 47

True/False

In a bill of material, a parent may have many children but a child may have only one parent.

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Definitions:

Spin-off

A corporate action where a company "spins off" a section as a separate business, leading to the creation of a new independent company.

Merger

The combination of two or more companies into a single entity, where one survives and the others cease to exist.

White Knight

A friendly investor or company that acquires a corporation at fair consideration, often to prevent it from being taken over by a hostile party.

Corporate Takeovers

The process by which a company acquires control over another company, either through a direct purchase of shares or through other strategies.