Two supermarket chains combine to cut costs and reduce competition. That merger is:
AVertical
BHorizontal
CConglomerate
DCircular
Answer & Solution
Correct answer: B. Horizontal
1. Both sit at the same stage of the same industry.
2. Economies of scale are the usual motive.
3. It is the horizontal one.
_Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
Keep practising Forms of Business Ownership
Browse all Forms of Business Ownership questions for Commerce / Business Admin — Uganda, or explore more Commerce topics.