Two Key Types of Synergies Are __________

question 24

Multiple Choice

Two key types of synergies are __________.

• A)supplier and distributor synergies
• B)market and product synergies
• C)market dominated and consumer dominated
• D)product and production synergies
• E)consumer and market synergies

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Definitions:

Trade Deficits

An economic condition that occurs when a country imports more goods and services than it exports.

National Debt

The total amount of money that a country's government has borrowed, usually as a result of deficit spending.

Recession

A period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in successive quarters.

Business Form

The legal structure of a company, such as sole proprietorship, partnership, or corporation, which determines liability and tax obligations.