Multiple Choice QuestionA merger of two firms that sell similar products to the same customers is a(n) ______.Multiple choice question.vertical mergerconglomerate mergeracquisitionhorizontal merger
Question
Multiple Choice QuestionA merger of two firms that sell similar products to the same customers is a(n) ______.Multiple choice question.vertical mergerconglomerate mergeracquisitionhorizontal merger
Solution
The correct answer is "horizontal merger". This type of merger occurs when two companies selling similar products to the same customers combine. This is often done to expand the company's share in the market, reduce competition, or achieve economies of scale.
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