Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

A leading manufacturer of baby products merges with a shoe making firm.

Identify the type of merger discussed above.

Options:

Conglomerate

Horizontal merger

Market extention merger

Vertical mergers

Correct Answer:

Conglomerate

Explanation:

The correct answer is option (1) - Conglomerate