A conglomerate merger takes place whenA) a firm acquires a competitor.B) similar firms agree to compete.C) a firm integrates its production backward toward its source of supply or forward in its marketing chain.D) a firm buys another firm unrelated to the original firm's business.

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chase rogers · Accepted Answer

Final Answer : D, Explanation :  A conglomerate merger occurs when a firm acquires another firm that is not related to its original business. This type of merger allows the acquiring firm to diversify its business and enter into new markets outside of its core competencies.

A conglomerate merger takes place when

A) a firm acquires a competitor.
B) similar firms agree to compete.
C) a firm integrates its production backward toward its source of supply or forward in its marketing chain.
D) a firm buys another firm unrelated to the original firm's business.

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