Question
#46-50
46) Sears and K-Mart recently merged, an example of a A) hostile takeover B) conglomerate C) vertical merger D) horizontal merger E) leveraged buyout Chapter 47) A small business is all but which of the following? A) independently owned often a lifestyle businesses B) operated for profit C) demanding of its owner's time and attention D) dominant in its field of operation 48) One of the general charactenistics of a small businesses is that it typically sells fewer products to A) many government agencies B) a few very large customers C) a larger customer base D) fewer market segments E) a large number of specialized customers 49) Barbara owns a small fiorist shop that employs a couple of part-time floral designers. She doesn't expect her Barbara's business to grow much, but it provides her with a comfortable income and she enjoys what she does. business would be described as a A) high-risk enterprise B) consultative business C) mid-size enterprise D) high-growsh venture E) lifestyle business are usually run by a team rather than by one individual and grow quickly by obtaining a significant amount of investment capital A) Not-for-profit organizations B) Lifestyle businesses C) High-growth ventures D) Venture capitalists E) Franchises Copy Select All
Explanation / Answer
46. It is an example of horizontal merger. Horizontal merger takes place when two companies, selling similar type of products in similar industry.
47. A small business is demanding for its owner's time and attenton.
48. A general charactersitics of small business is that it sells fewer products to a fewer market segments.
49. Barbara's business is a lifestyle business. Because she is earning a particular level of income and no more income and enjoys lifestyle of business.
50. Venture capitalist run by a team.
