BACHELOR OF BUSINESS ADMINISTRATION

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BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A corporation that has at least four businesses, each making unrelated products, none of which is respon-sible for a majority of its sales, is called a
A
multinational.
B
horizontal corporation.
C
conglomerate.
D
vertical merger.
Explanation: 

Detailed explanation-1: -A conglomerate is a firm that has four or more businesses, each making unrelated products, none of which is responsible for a majority of its sales.

Detailed explanation-2: -A conglomerate is a corporation made up of several different, independent businesses.

Detailed explanation-3: -Nonprofit Organizations Some organizations work in a businesslike way to promote the interests of their members. Unlike businesses, these nonprofit organizations do not seek to earn a profit.

Detailed explanation-4: -A conglomerate is a business combination merging more than three businesses that make unrelated products.

Detailed explanation-5: -There are many reasons for conglomerate mergers, such as increased market share, synergy, and cross-selling opportunities. These could take form in advertising, financial planning, research and development (R&D), production, or any other area.

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