Question

One method of facilitating the transfer of competencies between firms is toa. virtually integrate the two firms. b. transfer key people into new management positions. c. share support activities, such as purchasing practices. d. restructure the weaker firm to mirror the structure of the more successful firm.

Answer 1

One method of facilitating the transfer of competencies between firms is to transfer key people into new management positions.

Explanation:

• The human talent that the firms hold needs to be managed in an efficient manner so that each element of the firm dispenses profitability in its own way.
• Transfering key people to new management positions helps in rotating responsibilities and making each key person capable enough of working on any given responsibility at any given time.