A clothing manufacturer expands by taking over a clothing retailer. Which type of merger is this?
A.
backward vertical
B.
conglomerate
C.
forward vertical
D.
horizontal
Exam No：0455_w21_qp_13 Year：2021 Question No：15
Answer:
C
Knowledge points:
3.5.4 Mergers (Examples, advantages and disadvantages of different types of mergers: horizontal, vertical, and conglomerate.)
Solution:
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