Horizontal integration through mergers and acquisitions can help firms strengthen their competitive positions by increasing

A. oligarchy.
B. natural monopoly.
C. differentiation.
D. perfect competition.


Answer: C

Business

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If a sale made in a foreign subsidiary is in the local currency, and there is a time lag on payment,

A. there is no transaction risk because the currency is local. B. economic risk may be present. C. interest may be due. D. there is likely to be exchange risk.

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Which of the following type of firms are most likely to payout cash dividends?

A) rapidly growing firms B) firms encouraging innovation C) large mature firms D) firms expanding their operations

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Every state court system has trial courts where disputes are initially brought and tried. These are the courts of:

a. limited jurisdiction b. special jurisdiction c. original jurisdiction d. appellate jurisdiction e. none of the other choices are correct

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________ is the reduction of face-to-face customer contact in service design.

Fill in the blank(s) with the appropriate word(s).

Business