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A vertical merger represents a merger of the firms engaged at different stages of production or distriution of the same product but at or same service. In this case two or more companies dealing in the same product but at different stages may may join to carry out the whole process itself. A petroleum producing company may set up its own petrol pupmps for its selling. A railway company may joining with the coal mining for carrying coal to different industrial centres. Similarly a textial unit may may merge with a transport company for carrying its products to the different places. All these are the examples of verticle merger. The idea behind this type of merger is to take up two different stages of work to ensure the speedy production or qucik service.
explain employee welfare
Discuss the implications of individual freedom and organisational control to the future organisation
Explain the types of Knowledge Knowledge is also categorised as 'explicit' and 'tacit' knowledge. Explicit knowledge is expressed in words and numbers and shared in the form
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Selection: it is the process of ascertaining the qualifications, experience, skill knowledge etc of an applicant with a view to appraising his or her suitability to a job appraisi
Q. Define Simulation? Simulation: it is an extension of vestibule training. The trainee work in closely duplicated real job conditions. This is essential in cases in which ac
Problem 1 What is the purpose of performance appraisal? List the various methods of performance appraisal. Describe the '360 degrees appraisal' method. Meaning of perform
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Human Resource Policies Critically evaluate the influence of local national environments on the effectiveness of human resource policies in tourism, hospitality and leisure MN
. Discuss that technological breakthrough has brought a radical changes in HRM.
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