Which of the Following Is an Example of a Horizontal

question 175

Multiple Choice

Which of the following is an example of a horizontal merger?

• A) the purchase of a catering firm by Delta Airlines
• B) the purchase of Marathon Oil Company by U.S.Steel
• C) the purchase of Kentucky Fried Chicken by PepsiCo
• D) the purchase of Sam's Meat Packing Company by the Kroger supermarket chain
• E) the purchase of Mobil Oil by Exxon

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Definitions:

Davis-Moore Thesis

A sociological proposition that argues social stratification has beneficial consequences for the operation of a society, suggesting that the most talented individuals are rewarded with the most important jobs and highest income.

Discrimination

Actions that deny or grant advantages to members of a particular group.

Market Forces

The economic factors affecting the price, demand, and availability of goods and services in a free market.

Classism

Prejudice or discrimination based on social class, often manifesting in unequal treatment or attitudes towards people from different economic or social backgrounds.