Which of the Following Is an Example of a Horizontal

question 197

Multiple Choice

Which of the following is an example of a horizontal merger?

• A) The purchase of a catering firm by Delta Airlines
• B) The purchase of Marathon Oil Company by U.S. Steel
• C) The purchase of Kentucky Fried Chicken by PepsiCo
• D) The purchase of Fred Meyer grocery store chain by the Kroger supermarket chain
• E) The purchase of Mobil Oil by Exxon

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Definitions:

Charity Bazaar

Denotes a fundraising event organized to raise money for charitable causes, often featuring sales of goods and various entertainments.

Betting

Staking something on the outcome of an event in the hope of winning more than what was wagered.

Dual-Process Theory

A cognitive theory suggesting that thought can arise in two different ways, or as a result of two different processes, often described as intuitive and analytical thinking.

Bounded Rationality

The concept that decision-making is limited by the information available, the cognitive limitations of the individual, and the finite amount of time available to make a decision.