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ryzh [129]
3 years ago
12

Laurie Corp., a major watch manufacturer, purchases Smith Inc., a smaller company that makes watch bands. Following this purchas

e, the watch band operations are performed by the Smith Division of Laurie Corp. This scenario is an example of an acquisition. True or false?
Business
1 answer:
solniwko [45]3 years ago
5 0

Answer: True

Explanation: The given case does illustrates business acquisition. Business acquisition refers to the process in which one company purchases majority or all of the shares of another company.

In the given case, Laurie corp. purchased Smith inc. and the part of production is then transferred to the purchased company for the ease of operations.

Hence, from the above we can conclude that the answer is true.

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When is humor beneficial to a team?
murzikaleks [220]

humor is beneficial to a team because you can use it to lighten up the mood

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2 years ago
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In the BIG BUCKS LOTTERY, the chance of winning a $10 prize is 1%. What is your best guess about how many people would win a $10
3241004551 [841]

Answer:

The correct answer would be, 10 Persons.

Explanation:

If there are 1000 people in the Big Bucks lottery and there is a 1 percent chance of winning 10 dollars prize if all 1000 people buy the lottery ticket of 10 dollars. If every person buys 10 dollar lottery ticket, then the chances of winning people would be calculated as follows:

Total number of People = 1000

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5 0
3 years ago
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HELP!!!! Imagine that you have been approved to participate in a cooperative education program. In two or three sentences, indic
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Explanation:

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3 years ago
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Three cards are drawn from a deck without replacement. Find these probabilities. a. All are jacks. b. All are clubs. c. All are
AVprozaik [17]

There are 4 jacks in the deck.

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b.      All are clubs

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c.       All are red card

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