Which of the following statements is true of a conglomerate investment?

A. It is typically made with an eye toward satisfying the host country's market demands.
B. It includes the production of raw materials or intermediate goods that are to be processed into final products.
C. It runs the risk of being taken over by the government because it is export-oriented.
D. It is a type of high-risk investment in which goods or services produced are different from those produced at home.


Answer: D

Business

You might also like to view...

Which of the following would not appear in the owner's equity section of a corporation?

A) W. Muller, Capital B) Retained earnings C) Additional paid-in capital D) Common stock

Business

The legal foundations of America’s nonprofit sector are drawn from ______law.

A. natural B. English C. Spanish D. nonprofit

Business

Joint cost allocation is useful for

a. decision making. b. product costing. c. control. d. evaluating managers' performance.

Business

The inventory system employing accounting records that continuously disclose the amount of inventory is called

A) retail B) periodic C) physical D) perpetual

Business