Observing the pattern of consolidation in U.S.industries over time,one will notice that
A)horizontal integration has never been a very popular strategy.
B)firms that horizontally integrate tend to divest later.
C)horizontal integration has been very popular in the last decade.
D)while a few industries have consolidated since 1970,most remain fragmented.
E)mergers were very common and acquisitions were rare from 1900 to 1999.

Question

Quizplus · Accepted Answer

Horizontal integration has been a popular strategy, especially in the last decade, as firms seek to increase market share and reduce competition by acquiring similar companies.

Observing the Pattern of Consolidation in U