If two firms in one industry join to hold a greater share of the industry, it will be referred to as a(n) _____.

A. take-over
B. consolidation
C. acquisition
D. assimilation
E. conglomerate

Ans: B. consolidation

Business

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POM interacts with most other management systems within the organization.

a. true b. false

Business

If a competitor reverse engineers a trade secret, then the competitor is ________

A) allowed to use the trade secret but not the original trademark B) rightfully allowed co-ownership to the trade secret and its original trademark C) not allowed to gain commercially from the trade secret D) obliged to inform the original owner of the trade secret

Business