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This section covers the essential vocabulary regarding business mergers, focusing on key concepts such as a merger of two firms producing similar products, defined as a horizontal merger. Additionally, it explains the term conglomerate, referring to a corporation with operations in multiple industries across different countries. Lastly, it discusses the total amount of new funds generated by a company, which is critical for assessing its financial health. This knowledge is crucial for those studying business and finance.
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ONQ # 11 • Ch 3 sec 2 Vocabulary • 5 QUESTIONS • 5 MINUTES
DEFINE MERGER. • TWO FIRMS WHO PRODUCE THE SAME TYPE OF PRODUCT JOIN TOGETHER IS A _______ _____. • DEFINE CONGLOMERATE. • A _________ CORPORATION HAS OPERATIONS IN A NUMBER OF DIFFERENT COUNTRIES. • THIS REPRESENTS THE TOTAL AMOUNT OF NEW FUNDS GENERATED BY A COMPANY.