Which of the Following References the Type of Conglomerate Merger

question 39

Multiple Choice

Which of the following references the type of conglomerate merger that occurs when a firm attempts to extend the market for one of its current products by merging with a firm already active in the target market?

• A) Horizontal extension
• B) Market extension
• C) Diversification target
• D) Vertical extension target
• E) Product extension

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Definitions:

Long-Run Equilibrium

A state in economic analysis where all factors of production are variable, leading to companies operating at their most efficient level and no further economic profits in a perfectly competitive market.

Club Meeting

A scheduled gathering of members of a particular group or organization to discuss issues, plans, or activities related to the group's interests.

Attendance

The act of being present at a particular place or event.

Persons

Refers to individuals or entities that are capable of possessing rights and duties.