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The purchasing of firms in the same industry is called: a. networking the organization. b. horizontal acquisition. c. vertical integration. d. unrelated diversification.
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The purchasing of firms in the same industry is called: a. networking the organization. b. horizontal acquisition. c. vertical integration. d. unrelated diversification.

User Jinxvar
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Answer:

B. Horizontal acquisition

Step-by-step explanation:

The fact that the the new firm acquired is in the same line of business and same industry with the firm acquiring makes it horizontal.

User Lucas Emerick
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