Definitions
what Is a CEO?
what is chief executive officer, the highest-ranking person in a company or other institution
firms involved in unrelated business activities
What is Conglomerate
increased access to _____/increased_____
WhaT is customers /purchasing power
Corporations a large company or group of companies controlled as a single organization
What is True
Specialization
what is when people or regions only focus on producing selected goods or services
Liability
what Is something a person or company owes, usually a sum of money.
Horizontal
What is operate as competitors offering the same good or service
reduced _____costs
what is labor
Stock is bought and sold on the closed Market
What is false
Stock is only issued to a certain, exclusive number of people(true Or false)
what is true
Common Stock
What is a type of trade able asset, or security, that equates to ownership in a company.
Vertical
What is firms producing different goods/services for one specific finished product
different business _____/_____ systems
what is laws/legal
Common Stock: basic ownership of a corporation
What is true
Market Extension
purpose is for firms to get access to a bigger market, ensuring a bigger client base
Corporations
What is a large company or group of companies controlled as a single organization
firms dealing with the same products but in separate market
What is Market Extension
bribery and _____
what is corruption
Privately-held Corporation: Stock is only issued to a certain, exclusive number of people
young company established by one or more entrepreneurs to create unique and irreplaceable products or services
What is start up
Bonds
What is loan from an investor to a borrower such as a company or government.
local _____ knowledge
what is market
Preferred Stock: stockholders can vote for the board of directors
What is false
MNCs have advanced _____, huge _____, and efficient management
What is technology/wealth