General Automotive, a car manufacturer, purchased Bluestone Motors, its competitor, and thus eliminated the competition at its level in the industry. This is an example of ________

A) a vertical merger
B) a horizontal merger
C) market diversification
D) market penetration


B

Business

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Which of the following statements is true?

a. Profits distributed to the creditors are called dividends. b. The balance sheet shows the assets, liabilities, and profits of a company. c. Dividends are an expense, and are reported on the income statement as a deduction from net income. d. The income statement reports the revenues and expenses of a company.

Business

Retailers often end their fiscal year that ends

a. during a slack season. b. during the peak of the busy season. c. at different times each year, depending on the tax consequences. d. on September 30.

Business

Describe the four common tools an organization can use to access Internet information.

What will be an ideal response?

Business

If you are hypothesizing that posttest scores will be higher than pretest scores, you should use _______.

a.A one-tailed test b.A two-tailed test c.Descriptive statistics d.A t-test for independent means

Business