A hotel company acquiring one or more of its competitors is an example of:

Question

Quizplus · Accepted Answer

Horizontal integration refers to the strategy in which a company acquires or merges with its competitors. It enables the company to expand its market share, diversify its products or services offered, and achieve economies of scale. Therefore, the acquisition of one or more hotel companies by another hotel company is an example of horizontal integration.

A Hotel Company Acquiring One or More of Its Competitors