Industrial groups are _____.
A) owned and managed by the Securities and Exchange Commission
B) organizations that tie together all the functions of production and sales from start to finish
C) organizations that encompass firms involved in financing and marketing only
D) privately held companies and the stock of such firms are not traded publicly
E) led by the firm involved with manufacturing and distribution of products

Question

Quizplus · Accepted Answer

Industrial groups tie together all the functions of production and sales from start to finish. Option A is incorrect as the Securities and Exchange Commission is a government agency that regulates and oversees financial securities. Option C is incorrect as industrial groups encompass firms involved in manufacturing, finance, and marketing. Option D is incorrect as industrial groups can be both privately held and publicly traded. Option E is partially correct but does not encompass all aspects of an industrial group.

Industrial Groups Are _____