Business Consolidation
BUSINESS CONSOLIDATION
• A horizontal merger describes the combining of companies that offer the same or similar products or services.
• A vertical merger describes the combining of companies involved in different steps of production or marketing of a product or service.
BUSINESS CONSOLIDATION
• A conglomerate results from the merger of companies that produce unrelated goods or services.
• A multinational corporation is a large corporation with branches in several countries.
Conglomerate: Proctor & Gamble
Conglomerate: Mitsubishi