24-25 Module 4 and 5 Summative Part A
Flashcard
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History
•
8th Grade
•
Hard
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3 questions
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1.
FLASHCARD QUESTION
Front
If you buy a Starbucks mocha coffee inside of a Target store, that is an example of two companies merging to provide a product to customers. This is known as...
Back
horizontal integration
2.
FLASHCARD QUESTION
Front
If a company like Starbucks begins involvement in a different link of the supply chain such as, growing its own coffee beans, this is a form of __________________.
Back
vertical integration
3.
FLASHCARD QUESTION
Front
What is the downside of a monopoly?
Back
Monopolies lead to lower quality goods and higher prices.
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