Mergers, Acquisitions, and Divestitures May All Trigger Changes in the Structure

question 17

True/False

Mergers, acquisitions, and divestitures may all trigger changes in the structure and design of an organization.

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Definitions:

Economic Efficiency

A situation where resources are allocated in the most effective way possible to meet an economy's needs and wants.

Roundabout Production

A process of investing in capital goods to enhance productivity and efficiency, typically leading to greater output in the long run.

Specialization

The process by which individuals, firms, or countries focus on producing a narrow range of products or services to gain greater efficiencies and yield higher quality or productivity.

Competitive Industry

An industry characterized by a large number of firms competing against each other, leading to innovation, lower prices, and improved products and services.