If two competitive retail shoe companies merge to become a single organization it would be a:

a. vertical merger
b. acquisition
c. conglomerate merger
d. horizontal merger
e. even merger


d. horizontal merger

Business

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A legally enforced part of a loan contract that requires the borrower to act in a certain way or to use the borrowed funds for a particular purpose is known as

A. collateral. B. a net worth requirement. C. a covenant. D. a clause.

Business

A business that finds it hard to find space to store all its inventory should probably examine which of the following first?

a. Its stacking policy b. Days in inventory for each product it sells c. Getting additional storage space d. Ways to package things more tightly

Business

Distinguish between shelf positioning and shelf facings.

What will be an ideal response?

Business

If three employees are each paid $3,000 per month, regardless of how many hours they work, their earnings are usually referred to as salaries

Indicate whether the statement is true or false

Business