Eurotec,a manufacturer of security systems in Italy,merges with a company in China to expand its reach.This is an example of a ________ merger.
A) product-extension
B) vertical
C) conglomerate
D) retail
E) market-extension

Question

Quizplus · Accepted Answer

A)Market-extension merger occurs when a merger expands the geographic range of markets that a company can serve. In this case, two companies are merging to extend the geographic range.
B)Market-extension merger occurs when a merger expands the geographic range of markets that a company can serve. In this case, two companies are merging to extend the geographic range.
C)Market-extension merger occurs when a merger expands the geographic range of markets that a company can serve. In this case, two companies are merging to extend the geographic range.
D)Market-extension merger occurs when a merger expands the geographic range of markets that a company can serve. In this case, two companies are merging to extend the geographic range.
E)Market-extension merger occurs when a merger expands the geographic range of markets that a company can serve. In this case, two companies are merging to extend the geographic range.

Eurotec,a Manufacturer of Security Systems in Italy,merges with a Company