Telegram group: T.me/BBCNOUN [ENT410] ______These are concerned with how the component parts of an organization deliver effectively the corporate, business and functional -level strategies in terms of resources, processes and people Operating strategy [ENT410] ___________Strategic management is basically needed for every organization and it offers several benefits Composite strategy [ENT410] The acquisition of a firm whose business is not related to that of the bidder is called a _____acquisition. Conglomerate [ENT410] The complete absorption of one company by another, wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity, is called a:____________ Merger [ENT410] ________ Which describes a company‘s overall direction towards growth by managing business and product lines? These include stability, growth and retrenchment. Corporate strategy [ENT410] ____________Strategic management is basically needed for every organization and it offers several benefits Composite strategy [ENT410] A merger in which an entirely new firm is created and both the acquired and acquiring firms cease to exist is called a:__________ Consolidation [ENT410] ______is concerned with putting in place appropriate strategies to ensure adequate depositor protection in the banking industry both during and after M & A transactions NDIC [ENT410] The ways in which mergers and acquisitions (M&As) occur do not include: Diversification [ENT410] The acquisition of a firm in the same industry as the bidder is called a _____ acquisition. Horizontal