The Purchase of a Company That Is in the Same

question 297

True/False

The purchase of a company that is in the same industry, but involved in a different activity, is called a vertical acquisition.

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Definitions:

Surface

The outermost or uppermost layer of an object or area.

Petroleum Company

A business entity engaged in the exploration, extraction, refining, transporting, and selling of petroleum products.

Geologic Structures

Features within the Earth's crust, such as folds, faults, and rock layers, resulting from deformation processes and tectonic movements.

Gradient

The change in elevation for a given horizontal distance.