A ________ results from the combination of firms in the same line of business.
A) congeneric merger
B) conglomerate diversification
C) horizontal merger
D) hostile takeover

Question

Quizplus · Accepted Answer

A horizontal merger refers to the combination of firms in the same line of business. A congeneric merger involves firms in related but distinct industries, while conglomerate diversification refers to the combination of firms in unrelated industries. A hostile takeover involves the acquisition of a target company by another company without the target's approval.

A ________ Results from the Combination of Firms in the Same