BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A merger is a corporate strategy to combine with another company and operate as a single legal entity. The companies agreeing to mergers are typically equal in terms of size and scale of operations.

Detailed explanation-2: -A business merger or acquisition presents an effective strategy for company expansion and new revenue streams that can improve bottom-line profitability.

Detailed explanation-3: -The five major types of mergers are conglomerate, congeneric, market extension, horizontal, and vertical.

Detailed explanation-4: -Mergers occur when two separate entities combine to form one single entity. The main difference between an alliance and a merger strategy is that an alliance is typically a non-financial agreement between companies, while a merger is a financial agreement.