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Your friends own a lawn care business. They own their own equipment and trailers to transport it. Eventually they buy out another local lawn care company and double their customers. This is an example of _________.a. ending an oligopoly
b. creating an oligopoly
c. vertical consolidation
d. horizontal consolidation

Respuesta :

The answer is actually D), which is “Horizontal Consolidation.”
henrydesanta

Answer:

the answer is c. vertical consolidation

Explanation:

Vertical consolidation refers to business expansions in the same field or industry.

in this scenario, the existing lawn care business purchased the stakes of another business of the same nature ion the same industry. this way, the resources and technology of the purchased company can be used by the parent company and the customer base of the purchased company can also be used by the parent company.

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