A conglomerate merger takes place when
A. a firm acquires a competitor.
B. similar firms agree to compete.
C. a firm integrates its production backward toward its source of supply or forward in its marketing chain.
D. a firm buys another firm unrelated to the original firm's business.
D. a firm buys another firm unrelated to the original firm's business.
Economics
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The market reliably allocates workers among jobs based on their attitudes toward risk, placing workers more willing to bear risk in riskier jobs
Indicate whether the statement is true or false
Economics
If labor demand increases, the market wage rate will
a. increase b. decrease c. remain stable d. decrease initially and then rise by a larger amount e. decrease initially and then rise by a small amount
Economics