Which of the Following Describes a Company Growing by Combining

question 22

Multiple Choice

Which of the following describes a company growing by combining with other organisations in the same industry?

• A)forward vertical integration
• B)backward vertical integration
• C)horizontal integration
• D)related diversification
• E)unrelated diversification

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Definitions:

Average Run Length

The expected number of items inspected before a change is detected, commonly used in quality control.

False Alarm

An incorrect signal or detection indicating the presence of a condition or attribute that is not actually present.

Control Limits

The boundaries defined in control charts within which a process statistic is considered to be in a state of statistical control.

Standard Errors

A measure of the statistical accuracy of an estimate, calculated from the standard deviation of the sampling distribution.