decision trees are commonly used to illustrate how firms make business decisions that depend on the actions of rival firms. a decision tree has boxes that contain points that represent when firms must make the decisions contained in the boxes. what are these points called?

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

An employer takes a deduction from your paycheck for federal taxes. where does this money go? -the money is sent to the federal government to pay for goods and services for the community. -the money is sent to the mayor. -the money is sent to the federal government and deposited in a retirement account. -the money is sent to the social security fund.

Which of the following statements best describes the results provided by market research? a. market research allows producers to create trends that lead to more sales. b. market research lets producers predict what laws the government is planning to make. c. market research tells producers what consumers want and what they're willing to pay. d. market research producers understand market forces better.