What Refers to a Strategy of Seeking Ownership Of, or Increased

question 89

Multiple Choice

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

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

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Definitions:

Administrative Agencies

Governmental bodies having jurisdiction to implement and enforce specific legislation.

Executive Branch

The branch of government responsible for implementing and enforcing laws, typically headed by the president or prime minister.

Administrative Agency

A government body responsible for implementing legislation and managing regulations within a particular area of government policy.

President's Veto Powers

The constitutional authority granted to the President to reject legislation passed by Congress, subject to an override by a two-thirds majority in both houses.