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If Food Markets were to acquire Meat Processors, the acquisition would be classified as a __ acquisition. Multiple Choice ver
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Answer #1

As Food markets sells food products including meat and it acquires the meat processing unit so it is now making what it was buying from outside and selling. This is an example of backward integration which is a type of vertical integration.

Horizontal integration is one business taking over its competitor such as Macdonald's taking over Burger King

Conglomerate is entering into a new industry all together such as Macdonald's entering into production of clothes

Others are not types of integration

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