A university and college in the same city decide to merge.What type of benefits do these academic institutions benefit from?
A)strategic and financial benefits
B)cost savings and resource allocation benefits
C)increased federal government grants and funding
D)improved employee and student resources

Question

Quizplus · Accepted Answer

By merging, the university and college can pool their resources and expand their academic programs, which can lead to strategic and financial benefits. For example, they can attract more students who are interested in a wider range of academic programs and research opportunities. As a result, they can generate more revenue and achieve greater financial stability. Additionally, the merger can lead to cost savings and resource allocation benefits, as they can share administrative and support services, facilities, and equipment. This can reduce duplication of effort and expenses, and allow them to allocate their resources more efficiently.

A University and College in the Same City Decide to Merge.What