Examlex
When a competitive firm sees the price fall below the minimum possible average total cost in the long run, then it will decide that it could do better by moving to a different industry.
Acquisition
The process of one company purchasing most or all of another company's shares to gain control of that company.
Merger
The combination of two or more companies into a single entity, often to enhance competitiveness or expand market reach.
Global Expansion
The process by which a company extends its operations and presence into new international markets.
Vertical Integration
The business strategy where a company owns its supply chain, from production to point of sale.
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