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Which of these methods of business integration would be classified as an ADR? (Hint:

foreign-based company that trades on a U.S. stock exchange)
A-conglomerate
B-vertical
C-multinational
D-horizontal

1 Answer

3 votes

Answer:

The method of business integration that would be classified as an ADR is C: "Multinational."

Step-by-step explanation:

ADR (American Depository Receipts) is a financial instrument that represents shares in a foreign-based company that trades on a U.S. stock exchange. A multinational corporation is a company that has operations in multiple countries and can be classified as an ADR because it is based in a foreign country but listed on a U.S. stock exchange. Conglomerate, vertical, and horizontal integrations are different methods of business consolidation that do not necessarily involve a foreign-based company trading on a U.S. stock exchange.

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