A Firm That Owns the Activities Performed in a Single

question 61

Multiple Choice

A firm that owns the activities performed in a single stage of its value chain is demonstrating ________.

• A) centralization
• B) decentralization
• C) horizontal integration
• D) reverse integration

Recognize the demographic and economic trends affecting entrepreneurship.

Identify how information technology supports entrepreneurial ventures.

Discern the types of financing available to entrepreneurs and their characteristics.

Grasp the concept of intrapreneurship and its importance within an organization.

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Definitions:

Declaration

An official statement or announcement made by a person or an organization.

Convertible Securities

Financial instruments, such as bonds or preferred shares, that can be converted into a specified amount of another asset, typically shares of the issuing company.

Diluted Earnings

Net income available to common shareholders, adjusted for the effects of all potential dilutive securities.

Ranking

Ordering or grading things or individuals in terms of quality, importance, or performance.