<span>When two firms who do not participate in the same industries, for example a software company and a fast food restaurant company decide to merge, the result is called a conglomerate merger. A conglomerate merger is defined as two or more companies that come together to work together when they have absolutely no related things in common when in comes to their businesses. There are two types of conglomerate mergers, pure and mixed. In a pure conglomerate merger the businesses have nothing in common and just want to expand their business areas. A mixed conglomerate merger is when firms want to expand their product lines or target markets. </span>
The
answer to the missing word on the statement above is market focus. When a firm
competes in a geographically defined specific are, it is using a market focus. For
a business to be market-focused, you have to look outside the company for
input and data essential to create strategic and tactical judgements. Market
focus means you
have to have a great deal of understanding your customers. It also means you
have to know your competitors very well, and anticipate their next moves.
<span> </span>
Sorry you need a little more detail for your question.
The correct option is w1;q1.
<span>At the profit maximizing level of employment, the wage rate is W1 and the level of employment is Q1.</span>
