A(n) _________ Consists of Two or More Firms Combined to Form

question 13

Multiple Choice

A(n) _________ consists of two or more firms combined to form one company.

• A) merger
• B) acquisition
• C) joint venture
• D) vertical merger

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Definitions:

Strategic Choices

Decisions made by an organization's leaders about the direction and scope of the organization, influencing its competitive position and future success.

Diversification

A growth strategy to expand by acquisition of or investment in new and different business areas.

Complexity

The state or quality of being intricate or complicated.

Diversification Strategy

A business policy of increasing the variety of products or markets served to spread risk and create opportunities for growth.