When a Building Supply Store Acquires a Lumber Mill It

question 58

Multiple Choice

When a building supply store acquires a lumber mill it is making a ________ acquisition.

• A)horizontal
• B)longitudinal
• C)conglomerate
• D)vertical
• E)complementary resources

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Definitions:

Full-line Discount Stores

Retail outlets that offer a wide range of products at lower prices by reducing costs and margins, catering to consumers looking for value deals across various categories.

Broad Variety

A wide range of products or services offered by a business to cater to the diverse preferences of its customers.

Limited Services

Refers to businesses that offer a restricted range of services, often to maintain efficiency and reduce costs.

Extreme-value Retailers

Retail stores that offer a wide variety of merchandise, typically with low prices, targeting consumers looking for extreme deals.