If Paul's Hardware Were to Acquire Suburban Hardware,the Acquisition Would

question 61

Multiple Choice

If Paul's Hardware were to acquire Suburban Hardware,the acquisition would be classified as a _____ acquisition.

• A)horizontal
• B)longitudinal
• C)conglomerate
• D)vertical
• E)integrated

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Definitions:

Industrialization

The transformation from agrarian-based economies to those dominated by industry and machine manufacturing, significantly altering societal structures and ways of life.

Economic system

The structured and organized way a society decides on the production, distribution, and consumption of goods and services.

Domesticating

The process of adapting wild plants or animals for human use, such as for food, work, companionship, or as pets.

Pastoralism

An economic system based on tending herds of large animals.