Answer:
4. Horizontal consolidation
Explanation:
Horizontal consolidation is a process in which the companies which are producing the same or similar goods or providing the similar or same services merges together or one company gets acquired by the other company.
Sometimes Horizontal consolidation may lead to a risk of one company becoming a monopoly.
But Horizontal consolidation also sometimes benefits the customers by reducing the prices because of the large economic scale.
Answer and explanation:
Labor is one of the main factors that can drive a company to success or failure. When deciding where to locate production the labor-related factors to take into account are labor skills (<em>employees' knowledge</em>), labor costs and productivity (<em>wages and how their levels can affect employees' performance</em>), and labor laws (<em>employees' benefits according to where they work</em>).
Education and training provides employers, managers, supervisors, and workers with: Knowledge and skills needed to do their work safely and avoid creating hazards that could place themselves or others at risk. Awareness and understanding of workplace hazards and how to identify, report, and control them.
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