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:

Formal Operational

This refers to the final stage in Piaget's theory of cognitive development, where individuals (typically adolescents and adults) gain the ability to think abstractly, logically, and systematically.

Hypothesis Testing

A statistical method that is used to determine whether there is enough evidence in a sample of data to infer that a certain condition is true for the entire population.

Equilibrium

is a state of balance or stability, achieved by equal action of opposing forces, often used in physical, chemical, and economic contexts.

Assimilate

The process of incorporating new information into existing cognitive frameworks or schemas.