As a Firm Progresses, It Is Invariably the Case That

question 4

Multiple Choice

As a firm progresses, it is invariably the case that it expands its scope

• A)in terms of its product, geographic and vertical scope.
• B)in terms of its geographic and vertical scope.
• C)in terms of its geographic and product scope.
• D)This is not true. Some firms narrow some aspects of their scope, or voluntarily even break up.

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Definitions:

Automated Clearinghouses

Networks that facilitate electronic money transfers and automated payments between banks.