If Wal-Mart and Target Were to Merge,this Would Be an Example

question 30

Multiple Choice

If Wal-Mart and Target were to merge,this would be an example of a ________ merger.

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

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Definitions:

Invoice

A document issued by a seller to a buyer that lists products or services provided along with the total amount due for payment.

Terms

Conditions and stipulations under which agreements and contracts are made, outlining the obligations of involved parties.

Mark-up

Additional pricing on goods’ cost aimed to cover running expenses and secure profit.

Cost

The amount of money required to purchase something or the expense incurred to produce something.