The Consolidation of Firms That Compete in the Same Industry

question 54

Multiple Choice

The consolidation of firms that compete in the same industry or product line is a(n) :

• A) vertical merger.
• B) conglomerate merger.
• C) monopoly merger.
• D) horizontal merger.

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Definitions:

Skeletal Muscle

A type of muscle that is connected at either or both ends to a bone and so move parts of the skeleton; it is under voluntary control.

Smooth Muscle

A type of muscle tissue which is non-striated, involuntary, and found within the walls of internal organs such as the stomach, intestines, and blood vessels.

Cardiac Muscle

Cardiac muscle is a specialized form of striated muscle found exclusively in the heart, characterized by interconnected cells that contract to pump blood throughout the body.

Contraction

The process of muscle fibers shortening and generating force, often resulting in movement of parts of the body.