Beany Corp and Kaffe Inc are leading producers and distributors of coffee beans and have joined together to become the world's largest distributor of coffee. This is an example of a(n)_____.
A) vertical merger
B) horizontal merger
C) conglomerate merger
D) upward merger
Question 2 - Glenn owns and operates a large hardware store in Missouri that employs about fifty people. He delegates some of the decision making to two managers, but he remains the only owner. Glenn's business is organized as a
A) corporation.
B) partnership.
C) sole proprietorship.
D) limited partnership.
E) limited-liability corporation.
Question 3 - What is inventory turnover and how is it calculated? Why is it important for a manager to track this ratio?
Question 4 - Firms with federal government contracts that exceed 50,000 must have an affirmative action program.
Indicate whether the statement is true or false
Question 5 - One reason a firm would consider a _____ merger would be to increase size and market power in its industry.
A) hostile
B) conglomerate
C) vertical
D) horizontal
Question 6 - The simplest form of business owned and operated by one person is called a(n)
A) franchise.
B) partnership.
C) S-corporation.
D) sole proprietorship.
E) syndicate.
Question 7 - Today corporations are required to send their stockholders an annual report. Assume that you are a prospective investor trying to decide if you should invest in a specific corporation. What type of information is contained in an annual report that would help you decide if this is the right investment for you?
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