Use a K-Map to Minimize the Sum-Of-Products Expansion $x y z + x \bar { y } z + \bar { x } \bar { y } z + x \bar { y } \bar { z } + \bar { x } y z + \bar { x } \bar { y } \bar { z }$

question 1

Essay

Use a K-map to minimize the sum-of-products expansion $x y z + x \bar { y } z + \bar { x } \bar { y } z + x \bar { y } \bar { z } + \bar { x } y z + \bar { x } \bar { y } \bar { z }$

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Definitions:

Vertical Merger

A vertical merger occurs between two companies that operate at different levels within an industry's supply chain, typically aimed at increasing efficiencies or reducing costs.

Horizontal Merger

A business consolidation that occurs between companies operating in the same industry or production stage.

Conglomerate Merger

A merger between companies that operate in completely different industries, creating a conglomerate of businesses under one corporate group with diversified interests.

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period, indicating the company’s size relative to its competitors.