A conglomerate merger is a merger of ?
Correct answer: D. firms producing unrelated products.
- A. firms producing the same product
- B. firms at various stages in production process.
- C. firm producing complementary products
- D. firms producing unrelated products.
Explanation
A conglomerate merger combines firms from unrelated industries or product markets. Firms making the same product are involved in a horizontal merger, while firms at different production stages form a vertical merger.
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