Adding New,unrelated Products or Services for Present Customers Is Called

question 131

Multiple Choice

Adding new,unrelated products or services for present customers is called

• A)related diversification.
• B)unrelated diversification.
• C)conglomerate diversification.
• D)forward integration.
• E)backward integration.

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Definitions:

Times Interest Earned

A financial metric indicating how many times a company can cover its interest payments with its earnings before interest and taxes.

Tax Rate

The proportion, usually expressed as a percentage, at which an individual or corporation is taxed.

Net Income

The total profit or loss of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Net Working Capital

A financial metric that represents the difference between a company's current assets and its current liabilities.