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) take-over
• B) consolidation
• C) acquisition
• D) assimilation
• E) conglomerate

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Definitions:

Symbols

Characters or graphical figures used to represent objects, quantities, or concepts.

Population

The entire pool from which a statistical sample is drawn and to which the results of analysis apply.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of numerical data points.

Symbols

Characters or graphics used to represent ideas, quantities, tones, or operations in mathematical formulas, music, and more.