Apple and Nike Have Their Own Retail Outlets and Also

question 62

Multiple Choice

Apple and Nike have their own retail outlets and also use other independent retailers,both the brick-and-mortar type and online,to sell their products.This is an example of

• A) monopsony.
• B) geographic diversification.
• C) crowdsourcing.
• D) taper integration.

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Definitions:

Accrued Interest

Interest that has been earned but not yet received or recorded as payment, often associated with loans or bonds.

Bond Sinking Fund

A fund set up by an issuer of a bond in which money is saved over time for the sole purpose of redeeming or buying back some or all of the bonds prior to their maturity.

Bond Sinking Fund

A method employed by issuers of bonds to set aside money over time to retire their debt at maturity.

Retired Immediately

A term typically referring to the full settlement or pay off of an obligation or liability at the time of its maturity.