Red Tide Inc, an electronics manufacturer, merges with Dew Corp, a food brand, to make the firms less susceptible to unfavorable market conditions in any single market. This is an example of a _____ merger.
A) horizontal
B) vertical
C) conglomerate
D) macro
Question 2
In the United States, approximately 72 percent of all businesses are
A) corporations.
B) partnerships.
C) sole proprietorships.
D) joint ventures.
E) franchises.