If Two Firms in the Same Industry (But at Different

question 70

Multiple Choice

If two firms in the same industry (but at different stages of the production process) merged, this would be a(n) __________ merger.

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

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Definitions:

Familywise Error

The risk of obtaining a false discovery, or type I error, when multiple tests of hypotheses are carried out.

Host Country

The nation in which a multinational company operates a facility or office, distinct from the country where its headquarters is located.

Parent Country

Parent country refers to the country where a multinational corporation is headquartered. Employees from this country working abroad for the corporation might be known as expatriates.

Third Country

A country that is neither the parent country nor the host country of an employer.