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Business 101_ Intro to Business. Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution CA$11.17   Add to cart

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Business 101_ Intro to Business. Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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Business 101_ Intro to Business. Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

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  • June 19, 2024
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  • 2023/2024
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Business 101: Intro to Business

Not-for-profit Corporation - ANS-Organization whose goals do not include pursuing a
profit.

Common stock - ANS-Shares that give owners voting rights but only residual claims to
firm's assets and income distribution.

joint venture - ANS-partnership between companies formed for a specific undertaking

Conglomerate merger - ANS-Agreement the combines unrelated firms, usually with goal
of diversification, spurring sales growth or spending cash surplus to avoid takeover
attempts.

Merger - ANS-When two or more firms combine to form one company.

Horizontal Merger - ANS-The joining of two firms in the same industry, to diversify,
increase customer bases, cutting cost, or expand product.

Vertical Merger - ANS-Combines forms at different levels in production and marketing
process

Acquisition - ANS-When one firm purchases another.

Board of Directors - ANS-Governing body of corporation.

Stockholder - ANS-Owner of corporation due to purchase in stock.

Preferred Stock - ANS-Shares that give owners limited voting rights and rights to
receive dividends or assets before common stock owners.

Employees Ownership - ANS-When workers buy shares of stock in company that
employs them.

Limited Liability Company (LLC) - ANS-Business entity that secures corporation of
limited liability while also avoiding double taxation.

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