If Two Firms in One Industry Join to Hold a Greater

question 57

Multiple Choice

If two firms in one industry join to hold a greater share of the industry,it will be referred to as a(n) _____.

• A) consolidation
• B) takeover
• C) acquisition
• D) conglomerate
• E) assimilation

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Definitions:

Genetic Mutation

A genetic mutation is a permanent alteration in the DNA sequence that makes up a gene, potentially leading to variations in physical traits or health conditions.

Malaria

A mosquito-borne infectious disease affecting humans and animals caused by Plasmodium parasites, characterized by fever, vomiting, and fatigue.

Internal Components

Essential parts or elements located within a system or device that contribute to its functionality or operation.

Cell

The basic structural, functional, and biological unit of all known living organisms, a building block of life.