When two companies join forces and become one entity, it is referred to as a(n):
A. acquisition.
B. merger.
C. take-over.
D. joint venture.
E. strategic alliance.
Answer: B. merger.
Business
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In which of the following situations would a leader's situational control be considered high?
a. Leader-member relations good; task structure low; position power weak b. Leader-member relations poor; task structure low; position power weak c. Leader-member relations good; task structure high; position power weak d. Leader-member relations poor; task structure high; position power strong
Business
Sally's is a boutique bakery that specializes in cupcakes. Give some methods by which Sally's can position itself without spending a lot on promotions
What will be an ideal response?
Business