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In order to get his daughter to start putting away her school supplies when she gets home from school, Yancy thanks her when she doesn't just drop her backpack in the kitchen upon getting home. After doing this once or twice, he withholds the praise until she takes the backpack to her bedroom. This type of strategy is known as
Subsidiary
A company controlled by another company, often referred to as the parent company.
Acquisition
The process or act of obtaining control, possession, or ownership of a company or assets by purchasing or merging with it.
Consolidation
A combination of two or more businesses in which all of the old legal entities dissolve and a new one with a new name is formed to continue into the future.
Vertical Merger
A vertical merger occurs between two companies that operate at different levels within an industry's supply chain, typically aimed at increasing efficiencies or reducing costs.
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