A ________ Is the Joining of Two Firms in Order

question 22

Multiple Choice

A ________ is the joining of two firms in order to form a third company in which the equity is shared. 

• A) majority interest
• B) joint venture
• C) product extension merger
• D) minority interest

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Definitions:

DDT

Dichlorodiphenyltrichloroethane, a synthetic pesticide that was widely used after World War II but later banned due to its harmful environmental effects.

Chemical Companies

Organizations involved in the production and business of chemicals and chemical products, which play a vital role in numerous sectors of the economy, including manufacturing, pharmaceuticals, and agriculture.

Colonization

The process by which a central system of power dominates the surrounding land and its components, often involving the settling of its population in a new area.

Cold War

A period of geopolitical tension between the Soviet Union and the United States and their respective allies, the Eastern Bloc and the Western Bloc, after World War II, characterized by political, military, and economic competition.