The Acquisition of One Firm by Another Could Be an Example

question 169

True/False

The acquisition of one firm by another could be an example of vertical integration but not an example of a strategic alliance.

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Definitions:

Supervisor

An individual within an organization responsible for overseeing and guiding the work of a group of employees or a department.

Strategic Human Resource Management (SHRM)

A proactive approach to managing a company's workforce focusing on long-term goals and integrating HR strategies with business strategies.

Workforce Competencies

The range of skills, knowledge, and abilities required for employees to perform tasks and roles effectively within an organization.

High-Performance Work System (HPWS)

An organizational approach combining employee involvement, technology, and managerial practices to enhance performance and competitiveness.