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:

Job Descriptions

Detailed explanations of the roles, responsibilities, necessary skills, and requirements of a specific job, used to inform potential applicants and guide employees in their roles.

Job Evaluation

An administrative procedure for measuring the relative internal worth of the organization's jobs.

Pay Structures

The organization of different levels of pay within a company or organization, based on roles, responsibilities, and performance.

Significant

Refers to something that is important, meaningful, or consequential within a particular context or study.