The wireless carrier Verizon bought the Internet provider Yahoo. What term best describes the combination of these two companies?
A) synergy
B) merger
C) conglomeration
D) high culture

Question

Quizplus · Accepted Answer

A merger is the combination of two companies to form a single entity. In this case, Verizon and Yahoo merged to become one entity. Synergy refers to the cooperation of two or more organizations to produce a combined effect greater than the sum of their separate effects, which could also apply to this merger. Conglomeration refers to the act of combining several unrelated companies under a single corporate umbrella, which does not necessarily apply here. High culture is not a relevant term in this context.

The Wireless Carrier Verizon Bought the Internet Provider Yahoo