Integration Crossword

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Across
  1. 4. The cutting back of an organisation's scale of operations
  2. 7. Expansion of a business without integration with another firm
  3. 9. The potential ability of two firms to be less successful as the result of integration
  4. 10. The potential ability of two firms to be more successful as the result of integration
  5. 11. The integration of firms in the same industry but at different stages of the production process
Down
  1. 1. The sale of valuable assets once a firm has been acquired
  2. 2. The coming together of two or more businesses via a merger or takeover
  3. 3. Two or more firms agree to come together under one board of directors
  4. 5. One firm buys a majority shareholding in another firm
  5. 6. The integration of firms operating in unrelated markets
  6. 8. The integration of firms in the same industry and at the same stage of production