Examlex
Which of the following is a key dimension of buyer-seller relationships in business markets?
Horizontal Merger
A type of business consolidation that occurs between firms that operate in the same industry.
Vertical Merger
A combination of two or more companies at different stages of production in the same industry.
Conglomerate Company
A large corporation that owns a diversified group of other companies across various industries, with no single business dominating its portfolio.
Minority-Owned
Refers to a business that is at least 51% owned, controlled, and operated by individuals from a recognized minority group.
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