Several office supply companies decide to combine into one large company. What is this called?

(A) Vertical merger.
(B) Horizontal merger.
(C) Conglomerate.
(D) Multinational corporation.

Ans: (B) Horizontal merger.

Business

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As a generalized rule, only realized foreign exchange losses are deductible for tax purposes

Indicate whether the statement is true or false.

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Which of the following is the least formal and the least direct way to manage symbiotic interdependencies with suppliers and customers?

A) merger B) developing reputation C) cooptation D) minority ownership

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