Continental Foods is considering a conglomerate merger with a company that makes storage solutions. A likely reason is:
A) expand its market share.
B) develop spin-off companies.
C) diversification.
D) meet the requirements to convert to a limited liability company.

Question

Quizplus · Accepted Answer

Continental Foods is considering a conglomerate merger with a company that makes storage solutions for diversification purposes. This will allow the company to reduce its dependence on a single product or service and spread risks across different industries, potentially increasing its overall stability and profitability.

Continental Foods Is Considering a Conglomerate Merger with a Company