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A vertical merger represents a merger of the firms engaged at different stages of production or distriution of the same product but at or same service. In this case two or more companies dealing in the same product but at different stages may may join to carry out the whole process itself. A petroleum producing company may set up its own petrol pupmps for its selling. A railway company may joining with the coal mining for carrying coal to different industrial centres. Similarly a textial unit may may merge with a transport company for carrying its products to the different places. All these are the examples of verticle merger. The idea behind this type of merger is to take up two different stages of work to ensure the speedy production or qucik service.
Core Competence model The Core Competence model given by Hamel and Prahalad is a corporate strategy model that initiates the strategy procedure by thinking about the major stre
why HRM is important in Health care management and what is HRM''s role?
Question : Your newly-appointed Chief Executive Officer (CEO) argues that producing a human resource strategy and a human resource plan is a waste of time, money and effort - b
Loss of privileges and fines: if an employee leaves the work, without taking the permission of the superior, he may not be allowed to select good tools and machine for himself and
What are the parts of knowledge subsystem The knowledge subsystem is designed for a) The acquisition, b) Creation, storage, c) Transfer and utilisation of knowledge.
Advantages of the MBO: a. MBO helps and increases employee but it relates over all goals to the individuals goals, and helps to increase an employee's understand of where the o
Job Design This is the way by tasks are combined to form a complete job. Job redesign focuses on changing the task combination or the way the task is completed to enhance motiv
• Discuss how the successful mergers affects the following areas of HR; • HR planning • Selection • Compensation • Performance Appraisal • Training and Development • Labour Relatio
QUESTION "My considered view is that to survive and to be profitable, multinational firms should always lean towards ethical relativism and a pragmatic approach to business rat
what do you understand by the term ''selection''.explain the step involved in selection process
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