Asked by Kiana Moore on Jul 08, 2024
Verified
A merger between Staples and Office Depot would be a ___________ merger.
A) horizontal
B) vertical
C) conglomerate
D) diversifying
Horizontal Merger
A business consolidation that occurs between companies operating in the same industry, often aiming to increase market share, reduce competition, or achieve economies of scale.
Staples
Basic or essential items that are regularly used and replenished, such as food, clothing, and household goods.
Office Depot
A retail company specializing in selling office supplies, technology products, and furniture to consumers and businesses.
- Deliberate on the role of mergers and acquisitions in transforming competitive dynamics within markets.
Verified Answer
AA
Aisha AlaskarJul 09, 2024
Final Answer :
A
Explanation :
A merger between Staples and Office Depot is a horizontal merger because both companies operate in the same industry and offer similar products and services.
Learning Objectives
- Deliberate on the role of mergers and acquisitions in transforming competitive dynamics within markets.