A Firm Whose Only Asset Is Controlling Blocks of Shares

question 54

Multiple Choice

A firm whose only asset is controlling blocks of shares in other firms is called:

• A) a conglomerate
• B) a holding company
• C) a pyramid
• D) Dual-class company

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Definitions:

Line Workers

Employees who are directly involved in the operational processes of a company, typically in manufacturing or production.

Planning

The process of making plans for something, including setting goals, strategies, and actions.

Controlling

is one of the four major functions of management, focusing on monitoring performance and making adjustments to achieve goals.

Upside-Down Pyramid

A view of organizations that shows customers at the top being served by workers who are supported by managers.