The Merger of Two Companies in the Same Industry That

question 1

Multiple Choice

The merger of two companies in the same industry that make products required at different stages of the production cycle is called:

• A)economies of scope.
• B)vertical integration.
• C)economies of scale.
• D)horizontal integration.

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Definitions:

Co-Workers

Individuals with whom one shares a work environment, often contributing to one’s sense of belonging and teamwork efficacy.

High-Performance Work Practice

Organizational practices designed to enhance employee involvement, commitment, skills, and productivity, leading to superior business performance.

Employee Involvement

Strategies and practices that encourage employees to contribute ideas and effort towards the improvement and success of the organization.

Elon University

A private university located in Elon, North Carolina, known for its focus on experiential learning and global engagement.