Which of the Following Statements Is TRUE

question 1

Multiple Choice

Which of the following statements is TRUE?

• A)A horizontal merger involves a combination of businesses that have little or no relationship to each other, such as a meat-packing business and a lumber mill.
• B)A vertical merger involves a combination of complementary businesses at different stages of production or distribution, such as a supplier and a customer.
• C)A diagonal merger involves combination of businesses that operate at the same stage of production or distribution, but aim for different segments of the market, such as Earl's and McDonald's.
• D)A vertical merger involves a combination of businesses at the same stage of production or distribution, such as competitors.
• E)A horizontal merger involves combination of complementary businesses at different stages of production or distribution, such as a supplier and a customer.

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Definitions:

Government

The organized system of authority that establishes and enforces rules and laws, governing a community or nation.

Agriculture

The practice of cultivating soil, producing crops, and raising livestock for human use and consumption.

Transportation

The system or means by which passengers or goods are moved from one place to another.

Construction

The process of building or assembling infrastructure, buildings, and other physical structures.