Identification. Give the correct terms as described per number. no need for explanation 1. Company operates in various geographical locations and makes an entry into the global market. 2. Company takes over the functions of suppliers and distributors. 3. Company purchases most of the requirements from outsiders.

Foundations of Business (MindTap Course List)
6th Edition
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 1DQ
icon
Related questions
Question

Identification. Give the correct terms as described per number.  no need for explanation

1.  Company operates in various geographical locations and makes an entry into the global market.

2. Company takes over the functions of suppliers and distributors.

3. Company purchases most of the requirements from outsiders. 

4. A cost-cutting mechanism to address a decline in profit because of a decrease in sales.

5. A company is not yet critical in terms of finances but intends to improve its operational efficiency.

6.  A company that takes 100 percent control of the value chain.

7. Misleading financial information or hiding a health risk created by the company. 

8. A company enters another industry that is not related to the industry where it presently belongs.

9. Business is selling the entire company, including all the business units and divisions.

10. Company gives up its management to a court and settles some financial obligations in return.

11. Guiding the company toward future goals through strategic planning.

 

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Foundations of Business (MindTap Course List)
Foundations of Business (MindTap Course List)
Marketing
ISBN:
9781337386920
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning
Foundations of Business - Standalone book (MindTa…
Foundations of Business - Standalone book (MindTa…
Marketing
ISBN:
9781285193946
Author:
William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:
Cengage Learning