Assume that three automobile manufacturers all merged into one car company. Such a merger would be a
A)vertical merger

B)vertical cooperative arrangement merger.
C)horizontal merger.
D)intracompetitive merger.


C

Business

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Which of the following can be used by an accountant to counter liability imposed under Section 11(a) of the Securities Act of 1933?

A) the nolo contendere rule B) the due diligence defense C) the Ultramares doctrine D) the foreseeability standard

Business

A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively

The firm makes 10 percent of its sales for cash, collects 40 percent of its sales one month following the sale, and collects the balance two months following the sale. The firm's total expected cash receipts in January is ________. A) $700 B) $2,100 C) $1,900 D) $300

Business

Walmart's attempts to increase its online presence is an example of a firm using information systems to

A) strengthen ties to its customers. B) simplify the industry value chain. C) develop synergies. D) focus on market niche. E) achieve low-cost leadership.

Business

Most firms use outside auditors to conduct their social audit

Indicate whether the statement is true or false.

Business