Multiple Choice
Which of the following references the type of merger that occurs when an acquiring firm desires to spread into a new market where it does not have a product,merges with a firm in that market,and continues to produce the other firm's product in the target market?
A) Horizontal extension
B) Market extension
C) Diversification
D) Vertical extension
E) Product extension
Correct Answer:
Verified
Correct Answer:
Verified
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