CofBean Corp. and Coffeedust Inc. are leading producers and distributors of coffee beans. They join together to become the world's largest distributor of coffee. This association allows the amalgamated company to increase its size and market power within the coffee industry. This is an example of a(n) _____.
A. acquisition
B. horizontal merger
C. conglomerate consolidation
D. divestiture
Answer: B
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What will be an ideal response?
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