Question
What is the term used to describe the process of
acquiring or merging with another company to achieve growth or strategic objectives?Solution
Consolidation refers to the process of acquiring or merging with another company to achieve growth or strategic objectives. It allows companies to expand their market presence, diversify their product offerings, or gain access to new technologies and resources through the integration of operations and resources.
In case of ambiguity in policy wording, which rule is applied?
What is the minimum group size in Micro Insurance Schemes?
_______ is an insurance coverage protecting the manufacturer, distributor, seller of a product against legal liability resulting from a defective condi...
Which bank becomes the first bank to set up a wholly-owned non-life insurance company?
The term 'total loss' in motor insurance refers to:
What is the insurance of commercial property that protects the property from such perils as fire, theft and natural disaster?
What does IRDA mandate for surveyors handling losses above INR 20,000?
Which country will chair the next BRICS summit 2023?
CSR in companies act means?
Which of the following is NOT a general exclusion under a fire insurance policy?
Relevant for Exams:
