GENERAL KNOWLEDGE

GK

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
a combination of two or more businesses to form a single firm
A
merger
B
net income
C
depreciation
D
multinational
E
vertical merger
Explanation: 

Detailed explanation-1: -Conglomerate. This is a merger between two or more companies engaged in unrelated business activities.

Detailed explanation-2: -In general, “acquisition” describes a transaction, wherein one firm absorbs another firm via a takeover. The term “merger” is used when the purchasing and target companies mutually combine to form a completely new entity.

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