Match each term with the correct statement below.

a. horizontal merger
b. vertical merger
c. conglomerate merger
d. acquisition
e. sole proprietorship
f. partnership
g. corporation
h. limited liability company

1. What is the type of merger when a firm merges with one of its suppliers?
2. What is the process by which one company purchases another company?
3. What is the type of merger when firms selling goods in different markets merge?
4. What is a business that is owned and operated by one individual?
5. What type of business is owned by two or more people who act as co-owners?


1. B) vertical merger
2. D) acquisition
3. C) conglomerate merger
4. E) sole proprietorship
5. F) partnership

Business

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