A Company Is Referred to as a Diversified Company or a Conglomerate

question 164

Multiple Choice

A company is referred to as a diversified company or a conglomerate if it operates in

• A)many related industries.
• B)many unrelated industries.
• C)many and varied locations throughout the world.
• D)one single major industry.

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Definitions:

Freud

Sigmund Freud, Austrian neurologist and the founding father of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Direct Selling

A type of sales where products are marketed directly to consumers, bypassing traditional retail environments.

Nonstore Retailing

The selling of goods and services outside the traditional brick-and-mortar retail environment, such as through e-commerce, direct mail, or telemarketing.

Social Shopping Experience

A blend of social media and e-commerce where users can shop for products through social networking sites or engage in shopping as a social activity online.