Merging is acquiring or merging with firms in the same or complementary industries to gain economies of scale and scope.

Name: Merging is acquiring or merging with firms in the same or complementary industries to gain economies of scale and scope.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Merging with firms in the same or complementary industries can result in increased efficiency and cost savings through economies of scale and scope. This is a common strategy used by companies to expand their operations and increase their market power.

Merging Is Acquiring or Merging with Firms in the Same