Question

1.         Each of the following is true about the acquisition search process except for    

1. A candidate search should start with identifying the primary selection criteria.
2. The number of selection criteria should be as lengthy as possible.
3. At a minimum, the primary criteria should include the industry and desired size of transaction.
4. The size of the transaction may be defined in terms of the maximum purchase price the acquirer is willing to pay.
5. A search strategy entails the use of electronic databases, trade publications, and querying the acquirer’s law, banking, and accounting firms for qualified candidates.

Answer 1

Ans The number of selection criteria should be as lengthy as possible.

Acquisition search process is the process to hire talent/ employees to the job or to buy the products or services. The process for acquisition should be easy and should be able to find out the best of the talent. In terms of product it should provide the maximum satisfaction to the buyer.