More cards in this set

Card 6

Front

When one business buys out the owners of another business which then becomes part of the predator business

Back

Preview of the front of card 6

Card 7

Front

When one firm merges with or takes over another one in the same industry at the same stage of production

Back

Preview of the front of card 7

Card 8

Front

When one firm merges with or takes over another one in the same industry but at a different stage of production. Vertical integration can be forward or backward

Back

Preview of the front of card 8

Card 9

Front

When one firm merges with or takes over a firm in a completely different industry. This is also known as diversification

Back

Preview of the front of card 9