Sometimes a Corporation Buys and Operates Multiple Businesses in Compatible

question 167

Multiple Choice

Sometimes a corporation buys and operates multiple businesses in compatible industries as part of its corporate strategy.This strategy is called ________.

• A) related diversification
• B) unrelated diversification
• C) e-partnering
• D) strategic diversification

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Definitions:

Maintenance Costs

The expenses associated with keeping an item, equipment or property in its best operating condition, including repairs, replacements, and routine check-ups.

Dry Cement

A powdery substance made by calcining lime and clay, used with water to make concrete, mortar, or plaster.

Dry Bulk Pressure Hopper

A container designed for transporting dry bulk materials, utilizing pressurized air to aid in the unloading process.

Variance

A statistical measure of the dispersion of data points in a data set, indicating how far each data point lies from the mean.