When Compaq and Hewlett-Packard Decided to Become One Company, This

question 96

Multiple Choice

When Compaq and Hewlett-Packard decided to become one company, this was an example of a(n)

• A) acquisition.
• B) hostile takeover.
• C) horizontal merger.
• D) conglomerate merger.
• E) joint venture.

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Definitions:

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or geographic area.

Global Business

The conduct of trade, production, marketing, and sales operations on a worldwide scale, transcending national borders.

National Boundaries

The defined geographical limits of a nation, separating it from neighboring countries and marking the extent of its jurisdiction and sovereignty.

Ethical Standards

The principles that guide behavior and decision-making based on notions of right and wrong.