The purchasing of firms in the same industry is called: a. networking the organization. b. horizontal acquisition. c. vertical integration. d. unrelated diversification.

Question

asked Jun 8, 2021 138k views

1 Answer

Lucas Emerick · Answer 1 · 2021-06-15T10:29:00+0000

Answer:

B. Horizontal acquisition

Step-by-step explanation:

The fact that the the new firm acquired is in the same line of business and same industry with the firm acquiring makes it horizontal.