Mergers and multinationals
What is also known as a horizontal integration
Horizontal merger
A limited partnership has how many roles ? Name one of them
it has 2 roles one can contribute
what is liability
the legally bound obligation to pay debts
What is defined as an entity ?
Corporations are defined as an entity
How does the government form the conglomerates?
The government forms the conglomerates by the competition
What is one Advantage of a partnership?
Large pool of taxation
whats an example of a limited liability partnership?
attorney, doctor and accountants
advantages
what are disadvantages of corporations?
more regulation, original owners of a corporation lose control of the company
Name one type of mergers
Conglomerates
True/false making a partnership is easy to start up or difficult ?
True
what is sole proprietorship?
a business owned and managed by a single individual
what is a corporate structure?
Basic structure most corporations follow
What does MNCs stand for ?
Multinationals
What does LLP stand for ?
limited liability partnership
What is one example of sole proprietorships?
McDonald’s , Landscaping , insurance agent etc.)
what are advantages of incorporation?
limites liability, transferable ownership, ability to attract
What is an example of vertical merger ?
Apple
In limited partnership how many people may contribute ?
Only one may be able to contribute
if partners dont establish their own agreements what act do they fall under?
uniform partnership act
what is a private corporation?
mostly done with family, stockholders rarely trade their stock, publicly helf corporation