Multiple Choice
Which of the following is true of a conglomerate merger?
A) It occurs when a firm acquires a supplier or a customer.
B) It involves the combination of firms in unrelated businesses.
C) It is achieved by acquiring a firm that is in the same general industry but neither in the same line of business nor a supplier or customer.
D) It results in the expansion of a firm's operations in a given product line and at the same time eliminates a competitor.
Correct Answer:
Verified
Correct Answer:
Verified
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