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mihalych1998 [28]
2 years ago
14

Kooky Cookies Corporation purchased the Crazy Cookie Company. Although this was initially an acquisition, the merging of these t

wo businesses was a __________ merger. Kooky Cookies went on to purchase several baking product companies. Joining forces with some of its suppliers would represent a __________ merger
A. conglomerate; horizontal
B. vertical; horizontal
C. horizontal; vertical
D. conglomerate; conglomerate
Business
1 answer:
aev [14]2 years ago
3 0

Answer:

The correct option is C

Explanation:

Horizontal merger is the one where the merger of the two companies who are competing in the same industry and offering or providing the same kind of goods. Whereas the Vertical merger is the one where the merger of the two companies involve in producing the same good but at different stages of the production.

So, in this case, merger between Kooky Cookies Corporation and Crazy Cookie Company will be horizontal  merger because both companies offering similar products to same customers. And Kooky Cookies purchases baking product, it will be a vertical merger as it involve in the production of cookies but at different levels.

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Policies related to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred co
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8 0
1 year ago
New issues of municipal short term notes are available in which form?
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7 0
3 years ago
How does the rate of P2P amongst millennials compare to that of all survey participants? Why do you think millennial usage is so
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Following are the solution to this question:

Explanation:

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