Complete the following using the terms listed.
-A(n)_____ joins firms in the same industry that wish to diversify,increase their customer base,cut costs,or offer expanded product lines.
A)small business
B)corporation
C)merger
D)acquisition
E)horizontal merger
F)conglomerate merger
G)Cooperative
H)vertical merger
I)business incubators
J)business plan
K)alien corporation
L)preferred stock
M)Franchising

Question

Quizplus · Accepted Answer

A horizontal merger joins firms in the same industry, which matches the given description of the statement.

(Note: A cooperative is a different type of business structure and a business incubator provides support services for start-up companies, so they do not fit the description. The other options are not specific to joining firms in the same industry.)

Complete the Following Using the Terms Listed