What are mergers and/or acquisitions? How do they contribute to enhancing a company's position?
What will be an ideal response?
Mergers and acquisitions are much-used strategic options to strengthen a company's market position. Horizontal mergers and acquisitions, which involve combining the operations of firms within the same product or service market, provide an effective means for firms to rapidly increase the scale and horizontal scope of their core business. Horizontal mergers and acquisitions can strengthen a firm's competitiveness in five ways: (1) by improving the efficiency of its operations, (2) by heightening its product differentiation, (3) by reducing market rivalry, (4) by increasing the company's bargaining power over suppliers and buyers, and (5) by enhancing its flexibility and dynamic capabilities.
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Unless an assignment agreement clearly indicates a contrary intent, courts today tend to interpret assignments as including a delegation of the assignor's duties. A promise on the part of the assignee to perform these duties:
A. depends on the policy followed by the public. B. is not enforceable by the assignor. C. is not implied. D. is enforceable by either the promisor or the assignor.
Which of the following is the industry term for inventory and cash losses from shoplifting and employee theft?
A) bait-and-switch B) anticonsumption C) demarketing D) shrinkage E) lifetime cost of a customer
A ________ is a short-term, unsecured promissory note issued by firms with a high credit standing. These notes are primarily issued by commercial finance companies
A) line of credit B) commercial paper C) revolving line of credit D) T-bill
What are the three cost elements for a manufactured item?