Complete the Following Using the Terms Listed

question 143

Multiple Choice

Complete the following using the terms listed.
-A(n) _____ joins firms in the same industry that wish to diversify,increase their customer base,cut costs,or offer expanded product lines.

• A)small business
• B)corporation
• C)merger
• D)acquisition
• E)horizontal merger
• F)conglomerate merger
• G)Cooperative
• H)vertical merger
• I)business incubators
• J)business plan
• K)alien corporation
• L)preferred stock
• M)Franchising

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Definitions:

Board Members

Individuals elected or appointed to oversee the activities and governance of an organization, typically making strategic decisions.

Articles of Incorporation

The legal documents filed with a state government to legally document the creation of a corporation.

Dodd-Frank Wall Street Reform

The Dodd-Frank Wall Street Reform and Consumer Protection Act is a landmark piece of legislation passed in 2010 designed to reduce risks in the financial system and protect consumers.

Proxy Solicitation

involves the process of collecting votes from shareholders by a group or individual designated to vote on their behalf during a corporation's shareholders' meeting.