The Acquisition of a Firm in the Same Industry as the Bidder

question 26

Multiple Choice

The acquisition of a firm in the same industry as the bidder is called a ________ acquisition.

• A)conglomerate
• B)forward
• C)backward
• D)horizontal
• E)vertical

---

Definitions:

Intranets

Private networks within an organization designed to facilitate communication, collaboration, and information sharing among employees.

Tactical Decisions

Short-term decisions made within the framework of strategic plans, focusing on day-to-day operations of an organization.

Lower-Level Managers

Managers operating at the lowest tier of an organization's hierarchy, directly overseeing the execution of tasks and the performance of front-line employees.

Short-Term Planning

The process of planning organizational strategies and actions for a period ranging from a few weeks to a year.