A machine tool company that owns a supermarket chain, and a petroleum refining company that owns an oil exploration company are examples of, respectively, a:

Question

Quizplus · Accepted Answer

A machine tool company owning a supermarket chain is an example of a conglomerate merger because the two businesses operate in entirely different industries. A petroleum refining company owning an oil exploration company is an example of a vertical merger because these operations are at different stages of the same supply chain, with exploration being a preliminary stage to refining.

A Machine Tool Company That Owns a Supermarket Chain, and a Petroleum