Observing the Pattern of Consolidation in U

question 49

Multiple Choice

Observing the pattern of consolidation in U.S.industries over time,one will notice that

• A)horizontal integration has never been a very popular strategy.
• B)firms that horizontally integrate tend to divest later.
• C)horizontal integration has been very popular in the last decade.
• D)while a few industries have consolidated since 1970,most remain fragmented.
• E)mergers were very common and acquisitions were rare from 1900 to 1999.

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