A Business Connection Between Companies at Different Points in the Production-Distribution

question 46

Multiple Choice

A business connection between companies at different points in the production-distribution chain is called a:

• A) market extension merger.
• B) vertical relation.
• C) conglomerate merger
• D) horizontal relation.

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Definitions:

Taxes

Required fiscal contributions or alternative kinds of dues enforced on taxpayers by governmental bodies aimed at raising funds for government activities and diverse public expenses.

Unemployment Benefits

Financial payments made by the government to individuals who are unemployed and meet certain eligibility requirements.

Income Taxes

Taxes levied by governments on the income generated by individuals or entities, which vary according to the level of income earned.

Federal Budget Surpluses

Occurs when a government's income exceeds its spending during a particular fiscal year.