Costs That Are Necessary to Sustain an Organization's Operations Are

question 3

Short Answer

Costs that are necessary to sustain an organization's operations are referred to as ____________________________.

---

Definitions:

Horizontal Merger

The combination of two or more firms operating in the same industry or producing similar goods or services.

Conglomerate Merger

A transaction that combines companies operating in completely unrelated business activities into a single corporation.

Vertical Merger

The merging of two or more businesses at various phases of production or distribution within the same sector.

Herfindahl Index

A measure of market concentration that sums the squares of the market shares of all firms in the market, used to assess competition levels.