Define the Following Terms

question 4

Short Answer

Define the following terms:
-Zebulon R. Brockway

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Definitions:

Horizontal Merger

A business consolidation that occurs between firms who operate in the same industry, often aimed at creating a more competitive entity with higher market share.

Conglomerate Merger

A merger between companies that operate in entirely different industries.

Supplier

An entity that provides goods or services to another organization involved in a supply chain.

Conglomerate

A large corporation composed of diverse companies operating in various industries under one corporate group.