JAMB Commerce 2022 Objective — Question 20

Question 20 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2022 Objective paper, with the correct answer and a full explanation.

20. The combination of two companies to form a single entity is referred to as

A. (A) consortium
B. (B) horizontal integration
C. (C) mergerCorrect
D. (D) acquisition

Explanation

When two companies come together to form a single entity, this is referred to as a merger.

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