What is the type of merger where two or more firms at different stages of production of a given product or service are combined so the firms have a buyer-seller relationship?
A) an upward merger
B) a horizontal merger
C) a vertical merger
D) a conglomerate merger

Question

Quizplus · Accepted Answer

A vertical merger involves combining two or more firms at different stages of production of a given product or service, such as a supplier and a manufacturer. This results in a buyer-seller relationship, with the merged entity controlling both the production and distribution channels.

What Is the Type of Merger Where Two or More