Ask Question
19 July, 00:11

A conglomerate merger will: allow the firm to have a less dominant position in its market. diversify business operations and investments. enable the firm to enjoy a higher degree of specialization. give the firm a more secure access to needed materials and components and better control over quality.

+2
Answers (1)
  1. 19 July, 00:17
    0
    Diversify business operations and investments

    Explanation:

    A merger refers to a corporate agreement between two firms agreeing to share resources and skills jointly or in a collaboration, with an objective of gaining a greater market share collectively.

    Conglomerate merger refers to a form of merger agreement wherein, the two merging firms deal in completely unrelated products or services or operate in different industries.

    The benefits such a merger yields are, increment in the market share, business diversification i. e dealing in new products and exploring new markets, cross selling of products and synergistic benefits.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A conglomerate merger will: allow the firm to have a less dominant position in its market. diversify business operations and investments. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers