The joining of two car manufacturing companies will be an example of a _____.

Question

Quizplus · Accepted Answer

A horizontal merger involves the combination of two companies operating in the same industry and at the same stage of the production process. In the case of two car manufacturing companies joining together, they would be considered competitors operating in the same market, making it a horizontal merger. A conglomerate company involves the combination of multiple companies operating in different industries. A vertical merger involves the combination of two companies in the same industry but at different stages of the production process. A joint venture involves two or more companies coming together for a specific project or purpose.

The Joining of Two Car Manufacturing Companies Will Be an Example