When Unrelated Diversification Is Taken to the Extreme and There

question 34

Multiple Choice

When unrelated diversification is taken to the extreme and there are many unrelated businesses, the firm is referred to as a ________.

• A) monopoly
• B) conglomerate
• C) oligopoly
• D) cartel

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Definitions:

Null Hypotheses

The hypothesis that there is no effect or no difference, and any observed difference is due to sampling or experimental error.

Two-way ANOVA

An approach in statistical analysis used to determine the impact of two nominal variables on a continuous variable they predict.

Interaction Effect

In statistical analysis, it refers to a situation where the effect of one independent variable on a dependent variable depends on the level of another independent variable.

Two-way ANOVA

A technique used in statistics to assess the influence of two discrete independent variables on a continuous dependent variable.