A Method Developed in the Mid-1990s as an Efficient Means

question 29

Multiple Choice

A method developed in the mid-1990s as an efficient means to quickly consolidate a fragmented industry can be referred to as a

• A) merger.
• B) strategic rollup.
• C) cost strategy.
• D) differentiation strategy.
• E) focus strategy.

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Definitions:

Net Assets

The total assets of an organization minus its total liabilities, indicating the net worth or equity of the company.

Net Sales

Net sales are the amount of revenue generated from sales activities after deducting returns, allowances for damaged or missing goods, and any discounts allowed.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and interest, from its total revenue.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to ensure a company's bookkeeping system is mathematically correct.