What Do We Call the Practice of a Single Corporation

question 123

Multiple Choice

What do we call the practice of a single corporation owning businesses that operate in different commercial sectors?

• A) deregulation
• B) horizontal integration
• C) globalization
• D) vertical integration

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Definitions:

Monthly Depreciation

The portion of a fixed asset's cost allocated as an expense over a single month, reflecting the asset's decrease in value over time.

Accounts Payable

Accounts Payable is the amount of money owed by a business to its suppliers or creditors for goods and services purchased on credit.

Production Costs

The combined expenses associated with manufacturing a product, including labor, materials, and overhead costs.

Selling Expenses

Selling expenses are costs associated with the selling of a company’s products or services, including advertising, sales commissions, and store maintenance.