If Paul's Hardware were to acquire Suburban Hardware,the acquisition would be classified as a _____ acquisition.
A)horizontal
B)longitudinal
C)conglomerate
D)vertical
E)integrated

Question

Quizplus · Accepted Answer

A horizontal acquisition occurs when a company acquires another company that operates in the same industry at the same stage of production. Since Paul's Hardware and Suburban Hardware are both likely in the retail hardware industry, this acquisition would be considered horizontal.

If Paul's Hardware Were to Acquire Suburban Hardware,the Acquisition Would