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_____ occurs occasionally,with periods of relative stability,and managers can respond with technical,product,or structural innovations as needed.
Exxon And Mobil
Refers to the merger between Exxon and Mobil, two major oil companies that combined in 1999 to form ExxonMobil, the largest privately owned oil company in the world.
Horizontal Merger
A business consolidation that occurs between companies operating in the same industry, often aiming to increase market share, reduce competition, or achieve economies of scale.
Staples
Basic or essential items that are regularly used and replenished, such as food, clothing, and household goods.
Office Depot
A retail company specializing in selling office supplies, technology products, and furniture to consumers and businesses.
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