Websites That Sell Products Directly to Consumers Are Examples of Which

question 76

Multiple Choice

Websites that sell products directly to consumers are examples of which type of strategy?

• A) Backward integration
• B) Product development
• C) Forward integration
• D) Horizontal integration
• E) Conglomerate diversification

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Definitions:

Compounded Monthly

The process of adding interest to the principal sum of a loan or deposit, or in other words, interest on interest, calculated on a monthly basis.

Retirement Account

A financial account that is specifically designed to save funds for retirement, offering tax benefits for money invested and saved.

Pension Plan

A type of retirement plan where an employer makes contributions to a pool of funds set aside for an employee's future benefit.

Multiplier

A factor by which an economic variable is multiplied to estimate its impact on other variables.