Brown Corp

question 219

Multiple Choice

Brown Corp. has implemented a strategy of acquiring control of competitors in the same or similar markets. The company is using which strategy?

• A) Concentration
• B) Market penetration
• C) Geographic expansion
• D) Product development
• E) Horizontal integration

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Definitions:

Profit-sharing Plans

A company program where employees receive a portion of the profits based on the company's earnings.

Fixed Costs

are business expenses that remain unchanged irrespective of the level of production or sales activity, such as rent, salaries, and insurance.

Line of Sight

The clear and understandable link employees see between their job performance and outcomes and the overall objectives or goals of the company.

Straight Commission Plan

A compensation strategy where an employee's pay is based solely on sales generated or results achieved, without a base salary.