The Cold War ended with the collapse of the Soviet Union, and Western companies and financiers began to invest heavily in what were once called the Warsaw Pact countries. Big multinational companies and their advertising agencies went on a binge, buying other big companies and adding a new term for this process to the financial lexicon. This term was
A. capitalism.
B. megamerger.
C. gigantism.
D. oligopoly.
E. partnering.
Answer: B
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NAFTA is an example of a
A. protective tariff agreement. B. global financial institution. C. regional free-trade agreement. D. collective bargaining agreement. E. military alliance.
Total quality management emphasizes:
A) the responsibility of the quality control staff to identify and solve all quality-related problems. B) a commitment to quality that goes beyond internal company issues to suppliers and customers. C) a system where strong managers are the only decision makers. D) a process where mostly statisticians get involved. E) ISO 14000 certification.
The general power retained by the states to protect the health, safety, welfare, and morals of state residents is often referred to as ____ power. police regulatory protective community
a. b. c. d.
Which of the following statements is CORRECT?
A. The factors that affect a firm's business risk are affected by industry characteristics and economic conditions. Unfortunately, these factors are generally beyond the control of the firm's management. B. One of the benefits to a firm of being at or near its target capital structure is that this eliminates any risk of bankruptcy. C. A firm's financial risk can be minimized by diversification. D. The amount of debt in its capital structure can under no circumstances affect a company's business risk. E. A firm's business risk is determined solely by the financial characteristics of its industry.