Examlex
What is the difference between wisdom and knowledge? How does a salesperson acquire sales wisdom?
Merger
The combination of two or more companies into one, where one corporation is completely absorbed by another corporation.
Corporate Takeover
A corporate takeover is the acquisition of one company by another, where the acquiring company gains control over the target company.
Consolidation
The process of combining multiple financial statements or businesses into a single entity for reporting purposes.
Vertical Integration
A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.
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