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:

Judgment

A formal decision or conclusion made by a court following a legal proceeding, which determines the outcome of the case.

Statement of Defence

A document filed in court by the defendant, outlining their defense and responding to the allegations made in the statement of claim.

Offer to Settle

A proposal made by one party to another during litigation to resolve the dispute outside of court, usually involving some form of compensation.

Counterclaim

A statement of claim by the defendant alleging that the plaintiff is responsible for the losses suffered and claiming back against the plaintiff for those losses.