23) A merger between a textile mill and a clothing manufacturing company would be considered a

a. horizontal merger

b. vertical merger

c. conglomerate merger

d. diagonal merger

Question

Business

Amelia Gallagher

30 July, 04:02

23) A merger between a textile mill and a clothing manufacturing company would be considered a

a. horizontal merger

b. vertical merger

c. conglomerate merger

d. diagonal merger

+5

Answers (1)

Know the Answer?

Kamden Estrada · Answer 1

The correct answer is letter B. Vertical Merger. A merger between a textile mill and a clothing manufacturing company would be considered a vertical merger. A vertical merger is a merger between companies, 2 companies that produce various services and goods for a specified finish product.

23) A merger between a textile mill and a clothing manufacturing company would be considered aa. horizontal mergerb. vertical mergerc. conglomerate mergerd. diagonal merger

23) A merger between a textile mill and a clothing manufacturing company would be considered a

a. horizontal merger

b. vertical merger

c. conglomerate merger

d. diagonal merger