Compare and Contrast the Five Most Common Types of System

question 73

Essay

Compare and contrast the five most common types of system units.

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Definitions:

Vertical Merger

A merger between companies in the same industry but at different stages of the production process, such as a manufacturer merging with a supplier.

Horizontal Merger

A business consolidation that occurs between firms operating in the same industry.

Conglomerate Merger

A merger between companies operating in different industries, aimed at diversification or expansion of a corporate portfolio.

Vertical Merger

The combination of two or more companies involved in different stages of the production process of the same good or service.