Chapter Four: Growth

3. Some corporations expand the same of present products to new ____ markets.
7. Future mergers/acquisitions will be driven by the desire to complete with other firms and solid __ logic.
8. The combining of two corporations or other business entities to form one business.
10. A ___ merger is beneficial to both companies.
11. A merger between firms that make and sell similar products and services in similar markets.
13. A ___ takeover is situation in which the management and board of directors of a company disapprove of the merger.
15. Generally used in reference to a large corporation's purchase of another corporation.

1. Most corporations grow from expanding their ____ operations.
2. In a vertical merger, one of the merging firms will be either be a customer or a ___.
4. Future mergers and acquisitions will be the result of ____ companies. looking for firms who will enhance their position.
5. A merger between firms in completely different industries.
6. The majority of business in the US are ___ businesses.
9. A merger between firms that operate at different but related levels in the production and marketing of a product.
12. When planned and controlled carefully, growth from ___ can have relatively little adverse effect on a firm.
14. A horizontal merger tends to reduce the number of ___ in an industry.