A corporate structure that controls only one key phase of a business is said to
ID: 3503182 • Letter: A
Question
A corporate structure that controls only one key phase of a business is said to
a. Have Vertical Integration
b. Have Horizontal Integration
c. Be a Trust
d. Practice“ConspicuousConsumption”
e. Practice the “Social Gospel”
Spending money just to flaunt wealth is an example of
a. Vertical Integration
b. Horizontal Integration
c. A Trust
d. “Conspicuous Consumption”
e. the “Social Gospel”
Believing that equality of wealth was in the best interest of a nation’s freedom is an example of the social philosophy known as
a. Vertical Integration
b. Horizontal Integration
c. A Trust
d. “ConspicuousConsumption”
e. the “Social Gospel”
Explanation / Answer
A corporate structure that controls every phase of a business is said to;
Spending money just to flaunt wealth is an example of
d. “Conspicuous Consumption” ( it is expenditure on or consumption of luxuries on a lavish i.e. large scale in an attempt to enhance one's prestige)
Believing that equality of wealth was in the best interest of a nation’s freedom is an example of the social philosophy known as
e. the “Social Gospel” (As according to the “Social Gospel” Christian ethics are used to resolve social problems, especially issues of social justice such as economic inequality, poverty, etc)
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