Cozy Threads, a Clothing Retailer, Recently Expanded Its Business by Purchasing

question 80

Multiple Choice

Cozy Threads, a clothing retailer, recently expanded its business by purchasing a regional airline. This business expansion is an example of

• A)vertical integration.
• B)unrelated diversification.
• C)related diversification.
• D)horizontal integration.
• E)synergy.

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Definitions:

North Carolina

A U.S. state located in the southeastern region, known for its diverse landscapes, ranging from Atlantic Ocean beaches to the Appalachian Mountains.

Coloured Citizens

Term historically used, now considered dated and offensive, to refer to people of non-white racial backgrounds, particularly African Americans.

William Lloyd Garrison

A prominent American abolitionist, journalist, and social reformer known for his strong advocacy for the immediate emancipation of all slaves.

Lewis Tappan

A prominent 19th-century abolitionist and a founder of the American Anti-Slavery Society who also played a key role in the Amistad case.