Commerce JAMB

The measure of independence available to the individual business units that come together is the main difference between?

A. vertical and horizontal integration
B. Mergers and Acquisition
C. Consortium and imagination
D. Trust and Cartel

Correct Answer:

Option B – Mergers and Acquisition

Explanation

In a merger, two or more business enterprises come together to form one big entity and may retain some level of independence, while an acquisition is a total take over of a firm usually by a bigger firm.

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