What do we call the practice of a single company owning businesses that operate in related,yet different,commercial sectors?
A) cross-sector control
B) corporate integration
C) media convergence
D) decentralized business

Question

Quizplus · Accepted Answer

The practice described is known as corporate integration, where a single company owns businesses that operate in related but different commercial sectors. This allows for greater efficiency and synergy between the different businesses, as they can share resources and knowledge. Cross-sector control refers to a more general concept of a company having control or influence over multiple sectors, whether related or not. Media convergence specifically refers to the merging of different forms of media (e.g. TV and internet). Decentralized business refers to a model where decision-making power is spread out among multiple individuals or entities.

What Do We Call the Practice of a Single Company