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Can You Answer These Business Questions?

If Smith Steel buys Kennedy Iron Ore Co. to assure itself of a constant flow of ore, this is an example of a ____.a. domestic companyb. conglomerate companyc. subsidiary corporationd. vertical merger***********************************************The factors of production are ____.a. land, rent, capital, and human resourcesb. capital, perseverance, natural resources, and human resourcesc. rent, wages, interest, and profitd. natural resources, human resources, capital, and entrepreneurship***********************************************____ refers to standards of conduct and moral values of a firm.a. Business ethicsb. Social responsibilityc. A social auditd. Creativity

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