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A(n)_____ Is Defined as Somebody Who Sells Products and Services

question 44

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A(n) _____ is defined as somebody who sells products and services that are sourced from other countries.


Definitions:

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry.

Conglomerate Merger

A merger between companies operating in different industries, aimed at diversification or expansion of a corporate portfolio.

Vertical Merger

The combination of two or more companies involved in different stages of the production process of the same good or service.

Marketing Chain

The marketing chain refers to the sequence of intermediaries that goods or services pass through from the producer to the final consumer.

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