Organizations That Develop Similar Offerings, When Grouped Together, Create

question 29

Multiple Choice

Organizations that develop similar offerings, when grouped together, create

• A) a conglomerate.
• B) a merger.
• C) an industry.
• D) a sector.
• E) a monopoly.

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Definitions:

Monthly Installment

A periodic payment made towards the repayment of a loan or debt over a fixed period.

Disaffirmed

Rejected or declared void, often referring to the cancellation of a contract or agreement.

Minority

A group within a society distinguished from the majority by racial, religious, ethnic, or cultural identity, often facing differential treatment or marginalization.

Ratification

The act of formally approving an agreement or contract, making it officially valid.