Economics (AS & A Level) · Oct / Nov 2022 · Paper 32 · Question 11
9708Growth and survival of firms
A manufacturing company merged with two companies. One of these was company X that produced a substitute product. The other was company Y that supplied its raw materials. Which combination shows the types of merger that the manufacturing company has undertaken?
- Ahorizontal / horizontal
- Bhorizontal / vertical
- Cvertical / horizontal
- Dvertical / vertical
As printed in the paper
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Correct answer: B. horizontal / vertical
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