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7 Cards in this Set
- Front
- Back
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What is a General Partnership? |
partners share management and profits, both act on behalf of company |
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what is a limited partnership |
1 or more general partners, 1 or more limited partners whose liability is limited to amount of their investment |
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what is a limited liability partnership? |
partners protected from responsibility of acts of other partners. partnership that will become corporation |
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what is an acquisition? |
purchase of 1 company by another or by investor group |
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what is a horizontal merger/acquisition? |
involve companies at same stage in supply chain in same industry. Done to reduce costs, expand product offerings,r educe competition |
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what is a vertical merger/acquisition? |
companies at different stages of supply chain in same industry. Done to control supplies/resources, and gain access to different markets |
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What is a conglomerate merger/acquisition |
involves companies in unrelated businesses. Done to reduce risk. |
