When two companies in entirely different industries combine,it is known as a ________.
A) vertical merger
B) horizontal merger
C) product extension merger
D) conglomeration
E) market extension merger

Question

Quizplus · Accepted Answer

When two companies in entirely different industries combine, it is known as a conglomeration. Conglomerate mergers involve companies that operate in multiple industries or areas of business.

When Two Companies in Entirely Different Industries Combine,it Is Known