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An example of a vertical combination is the merger of_________

An example of a vertical combination is the merger of_________
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A A spinning firm and a wearing firm
  • B Two meat retailing firms
  • C Two very large wholesale textile distributors
  • D Three secretarial employment agencies in one town
Correct Answer: Option A
Explanation:
Vertical combination is the merging together of two businesses that are at different stages of production. Merging in this way with something further on in the production process is known as Forward Integration.

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