If Suppliers Are Unreliable or Too Costly, Which of These

question 44

Multiple Choice

If suppliers are unreliable or too costly, which of these strategies may be appropriate?

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

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Definitions:

Financing Statement

A document filed to indicate a security interest in personal property, used to secure or claim debts.

ABC Electronics

A hypothetical or generic name often used to represent a fictional electronics company or retailer.

Financing Statement

A legal document filed to indicate a secured interest in personal property, used to perfect a security interest under Article 9 of the Uniform Commercial Code.

Perfecting Interest

Legal steps taken to protect a secured interest in a piece of property, typically through public registration.