View the step-by-step solution to:

The class Im studying is Introduction to Business- Book : BUSN by Kelly 1.

Please help me with these questions. The class Im studying is Introduction to Business- Book : BUSN by Kelly
1. . A(n) _________ merger is the combination of two or more firms in unrelated industries.

a) upward
b) conglomerate
c) vertical
d) horizontal

2. . One reason a firm would consider a ____________ merger would be to increase size and market power in its industry.

a) generic
b) conglomerate
c) vertical
d) horizontal

3. Firms that want to improve the integration of production activities or increase their control over the supply of inputs would be likely to consider a __________ merger.

a) generic
b) conglomerate
c) vertical
d) horizontal

4. To reduce risk of vulnerability to downturns in single markets, corporations would consider a _______ merger.

a) downward
b) conglomerate
c) vertical
d) horizontal

5. To increase production capacity and provide consumers with market stability, Exxon and Mobil created ExxonMobil. This would be an example of a _______ merger.

a) conglomerate
b) horizontal
c) vertical
d) limited liability

6. In 1988, Philip Morris, the leading cigarette manufacturer in the United States, merged with Kraft, Inc., the maker of several leading food brands, such as Miracle Whip, Velveeta, and Maxwell House. This combination would be classified as a _________ merger.

a) horizontal
b) vertical
c) conglomerate
d) macro

7. A _________ calls its owners “members,” not shareholders, and files articles of organization instead of articles of incorporation.

a) partnership
b) conglomerate corporation
c) limited liability partnership
d) limited liability company

8. The _________is a relatively new and increasingly popular form of business ownership that is like a corporation in some ways and like a partnership in others.

a) joint venture
b) limited liability company
c) cooperative
d) sole proprietorship

This question was asked on Nov 16, 2012.

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors and customizable flashcards—available anywhere, anytime.


Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access or to earn money with our Marketplace.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
  • -


    Browse existing sets or create your own using our digital flashcard system. A simple yet effective studying tool to help you earn the grade that you want!

    Browse Flashcards