Firms That Contain Some Divisions That Produce Parts and Components

question 69

Multiple Choice

Firms that contain some divisions that produce parts and components to be used by other divisions in order to generate finished goods are said to be:

• A) horizontally integrated.
• B) vertically integrated.
• C) multinationals.
• D) corporations.

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Definitions:

Salient

Something that stands out conspicuously or is most noticeable or important.

Preceding

Occurring or coming before something else in time or order.

Rats

Rodents that are often used in research as a model organism to study behavior, disease, and genetics.

Schedule-induced Polydipsia

An abnormal increase in drinking behavior that is observed in animals subjected to certain intermittent or unpredictable schedules of reinforcement, not directly related to the physiological demands for water.