GENERAL KNOWLEDGE

GK

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The purchase of one business or company by another company or other business entity is called as
A
Merger
B
Acquisition
C
Licensing
D
Franchising
Explanation: 

Detailed explanation-1: -An acquisition is a business transaction that occurs when one company purchases and gains control over another company. These transactions are a core part of mergers and acquisitions (M&A), a career path in corporate law or finance that focuses on the buying, selling, and consolidation of companies.

Detailed explanation-2: -An acquisition is referred to as a business transaction in which one firm buys all or part of another company’s stock or assets. The acquisition commonly happens to gain control of and expand on the target company’s strengths while also capturing energies.

Detailed explanation-3: -There are four main types of acquisitions based on the relationship between the buyer and seller: horizontal, vertical, conglomerate, and congeneric.

Detailed explanation-4: -A merger is an agreement that unites two existing companies into one new company.

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