Explain the term of reconstruction and amalgamation?
Answers
Answered by
1
Answer:
Reconstruction and amalgamation are the two sides of a same coin. Amalgamation is the process where two different business entities join together for the purpose of making a totally new business entity to sustain in the market by absorbing the other company.
Answered by
0
Amalgamation is the process where two different business entities join together for the purpose of making a totally new business entity to sustain in the market by absorbing the other company. This process can also be referred as reconstruction as there is a new formation of completely new entity.
Similar questions