business consolidation.8.3
Post on 05-Jul-2015
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DESCRIPTION
Economics. Chapter 8, Section 3 (part 2).
TRANSCRIPT
Chapter 8, Section 3 (Part 2)
Terms to know: A horizontal merger describes the
combining of companies that offer the same or similar products or services.
A vertical merger describes the combining of companies involved in different steps of production or marketing of a product or service.
Terms to know A conglomerate results from the merger of
companies that produce unrelated goods or services.
A multinational corporation is a large corporation with branches in several countries.
Conglomerate: Proctor & Gamble
Conglomerate: Mitsubishi
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