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Ethics Is the System of Rules That Governs the Ordering

question 64

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Ethics is the system of rules that governs the ordering of values.


Definitions:

Vertical Merger

Merger that combines firms operating at different levels in the production and marketing process.

Joint Venture

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task, project, or other business activity.

Conglomerate Company

A Conglomerate Company is a large corporation composed of several companies with diverse or unrelated business interests.

Horizontal Merger

The combination of two or more firms operating in the same industry and at the same stage of production.

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