If firms wish to gain market share in their current market, they would consider a conglomerate merger.

Name: If firms wish to gain market share in their current market, they would consider a conglomerate merger.
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Quizplus · Accepted Answer

A conglomerate merger involves two firms from different industries coming together. It is not the appropriate strategy for firms looking to gain market share in their current market, as they would typically pursue a horizontal or vertical merger.

If Firms Wish to Gain Market Share in Their Current