The merger is an example of
<h3>What is a vertical merger?</h3>
A merger occurs when one firm is absorbed by another firm. When a merger occurs, one of the firms would not exist as a separate entity while the other firm would continue to exist.
A vertical merger is when a firm purchases another firm in the same production line. e.g. a baker purchases a pastry distributing company.
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The government has total control in a command economy, all production, investment, prices and incomes are determined by the government. A command economy is also known as a communist society because business owners do not have any control over their businesses. In a command economy, there are risks/disadvantages of running operations this way because there is a lack of competition and efficiency. When the government controls everything, there is less competition because pricing is set by the government. There is also less efficiency due to them waiting on the government to make their decisions.
Answer:
B. Business card etiquette is the most important aspect of closing the deal
Explanation:
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
1/ C. Diversification is the riskiest strategic option.
2/ B. Conglomerate Diversification.
