Scenario D: A global cosmetics company called Nature's Beauty is considering its corporate strategy. Several members of its board of directors believe they have the "perfect" strategy for the company. Bill believes that the best option is for Nature's Beauty to stay on its current track of offering only organic cosmetics to customers who like organic products. Chita wants the company to expand by purchasing the manufacturing plants that produce the Nature's Beauty products. Another director, Manuel, wants to build the company by adding related products, such as skin care and perfume, to be sold alongside its current products. Finally, the original owner of the company, Nuri, wants to expand the company by doing something completely new, such as building restaurants or perhaps starting an
entertainment park.Which of the following corporate strategies does Chita favor?
A. concentration
B. conglomerate diversification
C. vertical integration
D. differentiation
E. lateral diversification
Answer: C
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Lora initiates a sequence of events involving Mike that results in an injury to Nell. According to the New York Court of Appeals in Palsgraf v. Long Island Railroad Co, if Lora was negligent with respect to Mike, Lora
a. is solely liable for Nell's injury. b. is not liable for Nell's injury. c. may be liable for Nell's injury?this is a separate issue. d. shares liability with Mike for Nell's injury.
Producers do not engage in horizontal integration.
Answer the following statement true (T) or false (F)
Which agency is responsible for deciding administrative cases brought by OSHA:
a. the Occupation Safety and Welfare Administration b. the Employee Safety Review Commission c. the National Institute for Occupational Safety and Health Council d. the Employee Safety Administration e. none of the other specific choices are correct
Which document would be best to prove that the account balances are correct?
A) General journal B) General ledger C) Trial balance D) Income Statement