The push for "portfolio" corporations in the 1960's was so great that the vast majority of mergers that took place during that time were

Question

Quizplus · Accepted Answer

The push for "portfolio" corporations in the 1960s led to a trend of conglomerate mergers, in which companies diversified their holdings and acquired unrelated businesses in order to create a portfolio of diverse investments. Therefore, option C is the correct choice. Options A and B are incorrect because they refer to mergers that involve companies in the same industry (horizontal) or different stages of production (vertical), which were not as prevalent during this time period. Option D is also incorrect because one of the options must be correct.

The Push for "Portfolio" Corporations in the 1960's Was So