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.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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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.

 

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