P2 Hw 27 Mergers and Takeovers Flashcards
1
Q
Merger
A
When 2 businesses join together
2
Q
Takeover
A
When a business takes over another business either agreement or force
3
Q
Horizontal integration
A
Merging with companies in the same industry
4
Q
Forward vertical integration
A
Acquiring a business further up in the supply chain
5
Q
Backward vertical integration
A
A company expands its role to fulfil tasks formerly completed by businesses up the supply chain
