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Identify the type of merger in each of the following situations and indicate how the post-merger concentration ratio for the industry is affected.
a.A steel company merges with a coal and iron ore mining company.
b.Staples, a retailer of office supplies, acquires Office Depot, another retailer of office supplies.
c.An oil company merges with pipeline, shipping, and railroad companies as well as refineries and gas stations.
Franchise Marketing
A strategy for promoting and selling franchise opportunities to potential franchisees, expanding the brand's reach.
Field Support Function
Assistance and resources provided to operational units or personnel in the field to facilitate the execution of their tasks and missions.
Diplomatic
Pertaining to the conduct by government officials of negotiations and other relations between nations or handling affairs without arousing hostilities.
Timmons Model
A framework for understanding and planning new business ventures that balances opportunity, resources, and team.
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