Chapter 8 Vocab Quiz

10 Questions | Total Attempts: 70

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Chapter 8 Vocab Quiz

This quiz will only be over the key terms found in Chapter 8


Questions and Answers
  • 1. 
    The combining of companies that are in the same kind of business
    • A. 

      Vertical Integration

    • B. 

      Horizontal Integration

    • C. 

      Holding Company

    • D. 

      Trust

  • 2. 
    Combining of companies in different, but related businesses.
    • A. 

      Vertical Integration

    • B. 

      Horizontal Integration

    • C. 

      Holding Company

    • D. 

      Corporation

    • E. 

      Trust

  • 3. 
    A company that is formed by a group of investors
    • A. 

      Trust

    • B. 

      Corporation

    • C. 

      Holding Company

    • D. 

      Entrepreneur

    • E. 

      Social Integration

  • 4. 
    A company that does not make any products, but instead holds stocks in many different companies
    • A. 

      Trust

    • B. 

      Vertical Integration

    • C. 

      Holding Company

    • D. 

      Corporation

    • E. 

      Entrepreneur

  • 5. 
    A business organizer .
    • A. 

      Trust

    • B. 

      Holding Company

    • C. 

      Corporation

    • D. 

      Entrepreneur

    • E. 

      None of these are correct

  • 6. 
    When a company is controlled by a board.
    • A. 

      Holding Company

    • B. 

      Trust

    • C. 

      Vertical Integration

    • D. 

      Horizontal Integration

    • E. 

      Corporation

  • 7. 
    Advantage that large companies have over small companies
    • A. 

      Holding Company

    • B. 

      Trust

    • C. 

      Entrepreneur

    • D. 

      Corporation

    • E. 

      Economies of Scale

  • 8. 
    A discount given to the cost of a product or service.
    • A. 

      Trust

    • B. 

      Corporation

    • C. 

      Economies of Scale

    • D. 

      Holding Company

    • E. 

      Rebate

  • 9. 
    Philosophy used by business based on "Survival of the Fittest"
    • A. 

      Social Darwinism

    • B. 

      Corporation

    • C. 

      Trust

    • D. 

      Holding Company

    • E. 

      Philanthropy

  • 10. 
    Actions that benefit society
    • A. 

      Social Darwinism

    • B. 

      Philanthropy

    • C. 

      Trust

    • D. 

      Vertical Integration

    • E. 

      Horizontal Integration

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