Examlex
Which of the following means extending the search for and commercializing new ideas beyond the boundaries of the organization and even beyond the boundaries of the industry?
Conglomerate Merger
Merger that combines unrelated firms, usually with the goal of diversification, spurring sales growth, or spending a cash surplus in order to avoid a takeover attempt.
Horizontal Merger
A type of business consolidation that occurs between companies operating in the same industry, often to reduce competition or achieve economies of scale.
Vertical Merger
A merger between two companies that operate at different levels within the same industry's supply chain.
Innovative Products
Products that introduce new features, functions, or designs that differ significantly from previous products and may offer new benefits to the consumer.
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