When Diversification Results in Two Companies, Such as UPS and FedEx

question 29

Multiple Choice

When diversification results in two companies, such as UPS and FedEx, simultaneously competing in the same product areas or geographic markets, this is called ____ competition.

• A) multiple
• B) multiportal
• C) multipoint
• D) multiplicit

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Definitions:

Objectives

The goals or aims that an organization or individual strives to achieve over a certain period.

Implementation

The process of putting a decision or plan into effect; execution of a plan, idea, or policy.

Bank Statement Adjustment

Modifications made to a company's cash account records to reconcile them with the bank statement's transactions and balance.

Company Books Adjustment

The process of making corrections or changes to the financial records of a business to reflect accurate financial positions.