Asked by Yenifer Medina on Jul 16, 2024
Verified
Tasty Treats, a cookie manufacturer, combines with Minty Goodies, a chocolate manufacturer, to form a company called Yummy, Inc. This scenario illustrates a(n)
A) consolidation.
B) partnership.
C) acquisition.
D) merger.
E) strategic alliance.
Merger
The combination of two or more companies into a single entity, with the goal of increasing market share or efficiency.
Cookie Manufacturer
A company or business entity involved in the production and distribution of cookies.
Chocolate Manufacturer
A company or business involved in the process of making chocolate from raw cocoa beans, including roasting, grinding, and refining.
- Understand the effects of mergers, acquisitions, and other corporate strategies on human resources.
Verified Answer
HS
himanshu sharmaJul 23, 2024
Final Answer :
D
Explanation :
This scenario illustrates a merger, which is a combination of two companies to form a new company.
Learning Objectives
- Understand the effects of mergers, acquisitions, and other corporate strategies on human resources.