Examlex
Alpha can produce either 18 tons of oranges or 9 tons of apples in a year, while Omega can produce either 16 tons of oranges or 4 tons of apples. The opportunity costs of producing 1 ton of apples in Alpha and Omega are _____, respectively.
Merger
The combination of two or more companies into a single entity, where one survives and the others cease to exist independently, often to achieve greater efficiency and market share.
Cumulative Voting
A method of voting in corporate elections which allows shareholders to concentrate their votes on one candidate rather than spreading them out among several candidates.
Annual General Meeting
A mandatory yearly gathering of a company's interested shareholders where directors report on the year's results.
Directors
Directors are individuals elected by shareholders or appointed by other directors who oversee the management and decision-making processes of a corporation.
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