__________Is Achieved by Acquiring a Company in the Same General

question 38

Multiple Choice

__________is achieved by acquiring a company in the same general industry, but neither in the same line of business nor a supplier or a customer.

• A) Horizontal merger
• B) Vertical merger
• C) Conglomerate merger
• D) Congeneric merger

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Definitions:

Inelastic Demand

A situation where the demand for a product does not significantly change with a change in its price.

Tax Revenues

Tax revenues are the income that governments collect from individuals, corporations, sales, and other sources, used to fund public services and operations.

Tax Increases

Government actions that raise the amount of taxes levied on individuals, businesses, or transactions, affecting income, purchasing power, and investment.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating the sensitivity of consumers to price changes.