A _____ Is Best Defined as a Company That Combines

question 85

Multiple Choice

A _____ is best defined as a company that combines two or more strategic business units under one overarching corporation and follows an unrelated diversification strategy.

• A) conglomerate
• B) single-business firm
• C) parent company
• D) subsidiary

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Definitions:

Government Borrowing

The process by which a government obtains funds from the private sector or other countries, typically through issuing securities.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage.

U.S. Dollar

The official currency of the United States, widely used as a benchmark and reserve currency globally.

Federal Deficit

The amount by which a government's expenditures exceed its tax revenues over a specified fiscal period, leading to borrowing or the creation of new funds.