Conglomerate mergers are combinations of
A) many small firms.
B) firms producing the same product.
C) firms producing unrelated products.
D) firms operating at different stages in a given production process.

Question

Quizplus · Accepted Answer

Conglomerate mergers refer to the combination of two or more firms that produce unrelated products or services. This type of merger allows the newly merged company to diversify its operations and reduce risk, as it is not solely dependent on one product or service.

Conglomerate Mergers Are Combinations of