Which of the following statements is most correct? In the context of corporate groups an example of horizontal integration would be when:

Question

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Horizontal integration refers to a situation where a company acquires or merges with another company that operates in the same industry and at the same stage of the production process. Thus, the only option that represents two companies operating within the same industry is A, where one television station acquires control over another television station. B represents vertical integration, where a company acquires a supplier or customer in the same value chain. C represents conglomerate diversification, where an investment bank acquires a company in a different industry. D represents an initial public offering (IPO), where a company goes public by listing its shares on a stock exchange.

Which of the Following Statements Is Most Correct? in the Context