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