The Centralization of Production Facilities Is a Typical Policy for Companies

question 53

Multiple Choice

The centralization of production facilities is a typical policy for companies that pursue ________.

• A) horizontal integration
• B) product differentiation
• C) a global strategy
• D) a multinational strategy

---

Definitions:

Taxable Income

The amount of an individual's or company's income used to determine how much tax is owed, calculated as gross income minus deductions and exemptions.

Standard Deduction

A predefined tax deduction that reduces the income subject to tax, available to all taxpayers who do not itemize deductions.

Joint Return

A tax return filed by a married couple who combine their income, deductions, and credits on a single form.

Taxable Income

Income that is subject to taxation, after deductions and exemptions, according to the tax laws.