An acquisition occurs when one firm buys another firm, with the aim of making it its subsidiary.
Answer: B- downward communication
Explanation:
Downward communication is when top level executives seek feedback from white collar emoloyees.
Upward communication is when white collar emoloyees give feedback to top level executives.
Diagonal communication is communication between different sectors in an organisation.
Horizontal communication is communication within the same organisation hierarchy.
I hope my answer helps.
The distinguishing feature of many firms that pursuing an <u>international</u> strategy is that they are selling a product that serves universal needs, but they do not face significant competitors.
An international strategy is a business strategy which is created by a company to do its business in international markets. Thus, this strategy serves universal needs as they do not face significant competitors.
An international strategy requires analyzing the international market, defining goals, studying resources, understanding market dynamics & develop offerings. Firms pursuing an international strategy are not confronted with pressures to reduce their cost structure.
Hence, the answer is given and explained above.
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Answer:
N. Most countries have had little fluctuation around their average growth rates during the past 120 years.
Explanation:
" Both measures reveal the same thing: between 1960 and the late-1990s, there was a widening of the world income distribution, at least when each country is a unit of observation. In the last decade or so, this pattern seems to have stabilized"
Reference: Jones, C. I. (2016). The facts of economic growth. In Handbook of macroeconomics (Vol. 2, pp. 3-69). Elsevier. p. 37