Start-up costs are all the dollars spent to get the project under way

Indicate whether the statement is true or false

TRUE

Business

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AT&T’s proposed $39 billion acquisition of T-Mobile USA would have combined two of the four major national providers of mobile telephone services for both individuals and businesses. As a result of this acquisition, AT&T would be the provider of almost 40% of all mobile service, with Verizon and Sprint making up the remainder of the market. This is an example of:

A. Conglomerate diversification B. Horizontal acquisition C. Retrenchment D. Vertical acquisition

Business

Once MediFax grew and became more mechanistic, management insisted that information flow vertically along the lines of authority. This is most representative of the ________ communications network

A) wheel B) chain C) all-channel D) circular

Business