USA HISTORY

THE VIRGINIA DYNASTY 1801 1825

AMERICAN INDUSTRIALIZATION FACTORY SYSTEM AND MARKET REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Term where several companies engaged in the same type of business and joined together
A
Horizontal integration
B
Vertical Integration
C
holding company
D
economies of scale
Explanation: 

Detailed explanation-1: -A horizontal merger is when competing companies merge-companies that sell the same products or services. The T-Mobile and Sprint merger is an example of a horizontal merger.

Detailed explanation-2: -Horizontal integration is a business strategy in which one company grows its operations at the same level in an industry. Horizontal integrations help companies grow in size and revenue, expand into new markets, diversify product offerings, and reduce competition.

Detailed explanation-3: -A merger takes place when two companies combine to form a new company. Companies merge to reduce competition, increase market share, introduce new products or services, improve operations, and, ultimately, drive more revenue.

Detailed explanation-4: -Horizontal integration is a growth strategy that many companies use to boost their position within their industries and to get an edge on their competition. They do this by taking over another company that operates at the same level of the value chain.

Detailed explanation-5: -Horizontal integration is where a business joins with another at the same stage of the supply chain. In other words, two businesses that are similar, become one company. For instance, a merger between Nike and Adidas would be an example of horizontal integration.

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