When Two Firms Which Do Not Participate in the Same

question 25

Multiple Choice

When two firms which do not participate in the same industries, for example, a software company and a fast food restaurant company, decide to merge, the result is called a ________ merger.

• A) vertical
• B) horizontal
• C) linear
• D) conglomerate

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Definitions:

Regression Toward The Mean

The statistical phenomenon where extreme measurements or data points tend to be closer to the average upon subsequent measurements or in different samples.

Bowling Average

A statistical measure in the sport of bowling, calculated by dividing the total number of pins knocked down by the total number of games played.

Three-game Average

A statistical calculation used to determine a player's average performance over three games, often applied in sports to assess recent performance.

Unusually Low

Pertains to a value or level that is significantly below what is considered normal or typical.