Complete the following using the terms listed below.
-A(n) ______ joins a firm in the same industry that wishes to diversify, increase its customer base, cut costs, or offer expanded product lines.
A)sole proprietorship
B)small business
C)corporation
D)merger
E)acquisition
F)horizontal merger
G)conglomerate merger
H)cooperative
I)vertical merger
J)business incubators
K)business plan
L)closed corporation
M)preferred stock
N)franchising

Question

Quizplus · Accepted Answer

A horizontal merger occurs when a company joins with another firm in the same industry to diversify, increase its customer base, cut costs, or offer expanded product lines.

Complete the Following Using the Terms Listed Below