What Refers to a Strategy of Seeking Ownership of or Increased

question 32

Multiple Choice

What refers to a strategy of seeking ownership of or increased control over a firm's competitors?

• A)Forward integration
• B)Horizontal integration
• C)Conglomerate diversification
• D)Concentric diversification
• E)Backward integration

---

Definitions:

Utility Bills

Monthly invoices sent to consumers for the consumption of public services such as electricity, water, natural gas, and sewage services.

Minimum Payment

The smallest amount of a credit card bill that must be paid each month to avoid defaulting on the debt.

Finance Fee

A charge associated with the management or processing of financial transactions.

Debit Card

A payment card that deducts money directly from a consumer's checking account to pay for a purchase.