THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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monopolization.
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association.
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consolidation.
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annulment.
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Detailed explanation-1: -Consolidation happens when two or more companies merge to become one. Also known as amalgamation, business consolidation is most often associated with M&A activity. 1 This generally happens when several similar, smaller businesses combine to form a new, larger legal entity.
Detailed explanation-2: -Business consolidation refers to the practice of combining several business units of companies into a larger organisation. In other words, it’s when two companies (or more) merge and become one.
Detailed explanation-3: -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.
Detailed explanation-4: -Business mergers involve two or more companies combining through a takeover and the emergence of one surviving company. On the other hand, business consolidation happens when two or more companies combine to create a new single company.