Answer the Question on the Basis of the Following Table $\begin{array}{c}&&\text { Market Share of Firms in Industry }\end{array}$

question 8

Multiple Choice

Answer the question on the basis of the following table showing market shares of firms in hypothetical industries.Assume these are distinct industries with no buyer-seller relationships or competition among them. $\begin{array}{c}&&\text { Market Share of Firms in Industry }\end{array}$
$\begin{array}{c}\begin{array}{lll}\\Industry\\Alpha\\Beta\\Cappa\\Delta\\\end{array}\begin{array}{lll}\\1&2&3&4&5&6\\30&30&20&20&--&--\\80&10&5&3&1&1\\25&25&25&25&--&--\\20&20&20&20&10&10\end{array}\end{array}$ Refer to the table.A merger between Firm 2 and Firm 3 in Alpha would be a:

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

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Definitions:

Open-System Thinking

A management approach that views organizations as open systems that interact with their environment, emphasizing adaptability and exchange with external forces.

Environmental Influences

Factors from the surrounding environment that can affect the development or progress of processes, organisms, or systems.

Builds Trust

The process of establishing confidence and reliability in a relationship, leading to a sense of safety and security between parties.

Kent Thiry

A business leader known for his role in transforming DaVita Inc., a healthcare company, significantly improving its performance and company culture.