A Merger Between Two Competitors May Be Approved by the Competition

question 2

Multiple Choice

A merger between two competitors may be approved by the Competition Bureau if the two companies can substantiate ________ as a result of the merger.

• A)increases in revenue for the merged company
• B)an increase share of sales controled by one firm
• C)decreases in marginal revenue for the merged company
• D)increases in economic efficiency

---

Definitions:

External Environmental Factor

Elements outside an organization that can affect its performance and strategy, such as economic conditions, regulations, and market trends.

Economic Climate

Refers to the overall state of the economic environment marked by indicators like GDP growth rates, unemployment, and inflation.

Work-Life Balance

A concept that emphasizes the importance of achieving an equilibrium between professional obligations and personal activities, ensuring individuals have a healthy division between their work and personal life.

Competitive Intelligence

The systematic gathering, analysis, and application of information about competitors, market conditions, and other external factors affecting the business.