The merger of two pizza restaurant chains would be an example of
A) a horizontal merger.
B) a vertical merger.
C) a conglomerate merger.
D) an independent merger.

Question

Quizplus · Accepted Answer

A horizontal merger is a merger of two companies that are in the same industry and at the same stage of production. In this case, both pizza restaurant chains are in the same industry and are at the same stage of production, which is serving food to customers. Therefore, a merger between these two restaurant chains would be a horizontal merger.

The Merger of Two Pizza Restaurant Chains Would Be an Example