Vertical Diversification Occurs When a Firm Moves into a New

question 4

True/False

Vertical diversification occurs when a firm moves into a new industry that has important similarities with the firm's existing industry or industries.

---

Definitions:

Relative Frequency

Relative frequency is the proportion or ratio of the number of times a value occurs in a dataset to the total number of observations.

Examination Scores

Quantitative measures that represent an individual's level of performance or achievement on a standardized test or examination.

Frequency Distribution

A summary of how often different values occur within a data set, usually presented in table or graph form.

Cumulative Frequency

The total of a frequency and all frequencies so far in a frequency distribution.