GK
INVENTIONS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is a spin-off?
|
|
Something a top does
|
|
|
A new product or service that is based on another one that already exists
|
|
|
A discovery or achievement that comes after a lot of hard work
|
|
|
A person that spins
|
Explanation:
Detailed explanation-1: -A spinoff, also known as a spinout or starburst, creates a new company out of an existing company. It’s a type of divestiture, and is only done if a parent company expects the new company will be worth more on its own. But the shareprices of a spinoff can be harder to predict as the market adjusts to the new company.
Detailed explanation-2: -A spin-off is the opposite of a merger. It has two alternative forms, each of which is subject to a different procedure (arts. 68 to 71 LME):
There is 1 question to complete.