A(n) _________ combines firms in the same industry that wish to diversify, increase their customer base, cut costs, or offer expanded product lines.

Name: A(n) _________ combines firms in the same industry that wish to diversify, increase their customer base, cut costs, or offer expanded product lines.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A horizontal merger involves the combination of firms in the same industry, which can lead to benefits such as diversification, increased customer base, and cost-cutting.

A(n) _________ Combines Firms in the Same Industry That Wish