Acquiring Control of Competitors in the Same or Similar Markets

question 44

Multiple Choice

Acquiring control of competitors in the same or similar markets with the same or similar products is known as ________.

• A)market penetration
• B)product development
• C)vertical integration
• D)horizontal integration

---

Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest obligations on outstanding debt.

Interest Expense

The cost incurred by an entity for borrowed funds.

Income Before Income Tax

Income Before Income Tax is a financial metric indicating the amount of profit a company makes before applying income tax expenses.

Return on Total Assets

A financial ratio that measures a company's profitability relative to its total assets.