Answer:
This scenario best illustrates an acquisition.
Explanation:
Acquisition refers to the situation where a company gains control of the other company by purchasing all or most of its shares. Acquisitions are common in small and medium-sized firms and may happen with or without the consent of the target company.
In the given example, Orange roof hotels are the target company that is being purchased by the Palace Hotel group which will now control the assets of the Orange roof hotels and take business decisions.
Answer: Custom.
Explanation:
The 3M company modified their product to resemble what is obtainable in the Custom of the Philippines people to enable increased sales. A custom of a people is the way of life or behavior of a people over a long period of time.
Answer:
Objectively assess a company's IT and/or business processes.
Assess the company's risks and the efficacy of its risk management efforts.
Ensure that the organization is complying with relevant laws and statutes.
Evaluate internal control and make recommendations on how to improve.
Answer:
The correct option is B
Explanation:
People who collaborate or collude might not always be motivated or encouraged by the same goals. In fact, for a business or firm to succeed, it need to work towards a number of goals or multiple goals which sometimes are in a competition with each other. Therefore, people need to recognize that they have different goals so that they could determine the priority or to find a solution which addresses both the goals.
