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Children spontaneously compensate for poor vision by developing superior listening skills.
Vertical Integration
A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.
Horizontal Integration
A strategy where a company acquires, merges with, or becomes partners with other companies in the same industry at the same stage of production.
Legal Status
Pertains to the lawful recognition of an entity's existence by government authority, determining its ability to enter into agreements, sue, or be sued.
Acquiring Firm
A company that purchases or merges with another company, typically to expand its operations or enter into new markets.
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