A Product-Extension Merger Occurs When ________

question 92

Multiple Choice

A product-extension merger occurs when ________.

• A) two companies from unrelated industries unite to become a single company
• B) different stages or levels of the same industry unite
• C) different companies merge to increase global reach
• D) a merger expands the mix of goods and services available for sale
• E) a merger expands the geographic range of markets that it can serve

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Definitions:

Antipsychotic Medication

A class of drugs used to manage psychosis, including disorders such as schizophrenia and bipolar disorder, by altering brain chemistry.

Acutely Psychotic

A state characterized by a sudden and severe break from reality, marked by hallucinations, delusions, or disordered thinking.

Medical Director

A senior physician in charge of the clinical direction and quality of care in a healthcare facility or organization.

Duty of Care

A legal or ethical obligation to ensure the safety or well-being of others, often applied in situations where an individual’s actions could harm others.