Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

A merger that takes place between two business organizations that deal in products that are related to each other and operate in the same market.

Options:

Conglomerate merger

Market extension merger

Product extension merger

Vertical extension merger

Correct Answer:

Product extension merger

Explanation:

The correct answer is Option (3) → Product extension merger