Tangypop and Fizzmania, two giant soft drink companies in Brazil, join together to form a new company out of the two previously independent firms. They take this step to reduce competition, leverage economies of scale, and increase their size and market power within the soft drink industry. This association is most likely an example of a _____.
A. sole proprietorship
B. horizontal merger
C. conglomerate merger
D. divestiture
Answer: B
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a. Cash b. Inventory c. Accounts receivable d. Investments e. Plant, property, and equipment
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Fill in the blanks with correct word.
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a. Enacted role b. Leading role c. Person-role d. Role change
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