When a Company Combines with Firms in Different and Dissimilar

question 29

Multiple Choice

When a company combines with firms in different and dissimilar industries, it indulges in ________.

• A) unrelated diversification
• B) horizontal integration
• C) vertical integration
• D) focused diversification

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Definitions:

Eye Surgeon

A medical doctor specializing in the diagnosis and surgical treatment of disorders and diseases of the eye.

International Trade

The exchange of goods and services between countries, across their international borders.

Relative Demand

It refers to the demand for a good or service compared to another, showing how the demand for one product varies as the demand for another changes.

Skilled Labors

Workers with specialized training, expertise, and experience that enable them to perform complex tasks.