A Merger Where a Chain of Coffeehouse Stores Acquires a Coffee

question 67

Multiple Choice

A merger where a chain of coffeehouse stores acquires a coffee plantation is an example of a ________.

• A) backward vertical merger
• B) forward vertical merger
• C) market extension merger
• D) conglomerate merger

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Definitions:

Scopes Trial

A landmark American legal case in 1925 in which high school teacher John T. Scopes was tried for violating Tennessee's Butler Act, which prohibited the teaching of evolution in public schools, bringing national attention to the debate between fundamentalist religious values and scientific theories.

Tennessee

A state located in the southeastern United States known for its significant contributions to American music, agriculture, and Civil War history.

Evolution

A scientific theory explaining the process through which species change over time through natural selection, genetic variation, and other mechanisms.

Prohibition

The legal act of prohibiting the manufacture, transportation, and sale of alcohol, most notably implemented in the United States from 1920 to 1933.