Process Technology Is the Combination of Resources,knowledge,and Techniques That Creates

question 84

True/False

Process technology is the combination of resources,knowledge,and techniques that creates a product or service output for an organization.

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Definitions:

More Competitive

Refers to a state or condition where entities attempt to gain a greater share of a market or surpass others in quality, innovation, or performance.

Conglomerate Merger

Merger that combines unrelated firms, usually with the goal of diversification, spurring sales growth, or spending a cash surplus in order to avoid a takeover attempt.

Horizontal Merger

A type of business consolidation that occurs between companies operating in the same industry, often to reduce competition or achieve economies of scale.

Vertical Merger

A merger between two companies that operate at different levels within the same industry's supply chain.