Economy, asked by rishitakharva21, 5 months ago

To combine is simply to become one of the parts of a whole, and combination is merely a union of
persons, to make a whole or group for the prosecution of some common purpose. Who said this?
Haney
Banerjee (c) Fayol
Mayo
(a)
(b)​

Answers

Answered by vickysinghrajput799
0

Answer:

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Answered by steffis
0

L.H. Haney defines a combination - " To combine is simply  the parts of whole , and combination is merely a union of person , to make  a whole or group for the prosecution of some common purpose."

Explanation:

Concept of business combination-

    Business combinations are combinations shaped by two or more trade units , with a see to accomplishing certain common objectives ( uncommonly disposal of competition ) ; such combinations extending from looses combination through  affiliations to speediest combinations through total unions.

Causes of business combination -

1.Wastefull combination - Combination , which is said to be the ' salt of trade' ,  by going as well distant gets to be really effective instrument for the beginning  and development of commerce combinations.

2.Economies of Large-Scale Organization-  Economies of large scale operations, thus  became , a powerful force causing  increased race for combinations.

3.Business  cycles- Trade cycles ,  the interchange periods of boom and sadness , lead to trade combinations.

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