Froxer Electronics is an electronic appliance manufacturer.The company merges with a food manufacturer to form a larger company.This is an example of a ________ merger.
A) product-extension
B) vertical
C) retail
D) market-extension
E) conglomerate

Question

Quizplus · Accepted Answer

A)A conglomerate merger occurs when companies in unrelated industries join to form a single entity. Two unrelated companies are merging in this case.
B)A conglomerate merger occurs when companies in unrelated industries join to form a single entity. Two unrelated companies are merging in this case.
C)A conglomerate merger occurs when companies in unrelated industries join to form a single entity. Two unrelated companies are merging in this case.
D)A conglomerate merger occurs when companies in unrelated industries join to form a single entity. Two unrelated companies are merging in this case.
E)A conglomerate merger occurs when companies in unrelated industries join to form a single entity. Two unrelated companies are merging in this case.

Froxer Electronics Is an Electronic Appliance Manufacturer