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Social changes, such as becoming more inward looking, cautious, and conforming, are most characteristic of
Merger
The act of amalgamating two distinct entities into a single organization, often aimed at enhancing competitive position and operational efficiency.
Acquiring Firm
A firm that acquires or gains control over another business by means of a merger, acquisition, or takeover.
Parent
The controlling company in a group of companies, which owns a controlling interest in one or more subsidiaries.
Vertical Merger
A business strategy where a company merges with another company that operates in the same industry but at a different stage of the production process.
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