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During a lecture about race in his sociology class, Tomas becomes confused. He recently discovered, on his birth certificate, that he was labeled as white, yet his much younger brother, Carlos, is classified as Hispanic on his birth certificate. What could best explain this discrepancy in labels?
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More Competitive
Refers to a state or condition where entities attempt to gain a greater share of a market or surpass others in quality, innovation, or performance.
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.
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