___________ is a business activity in which two or more companies have invested together. A: Mergers B: Acquisition C: Conglomerate D: Joint venture

A _____merger is the joining of two firms involved in different stages of related businesses.( ） A: conglomerate B: all options are wrong C: horizontal D: vertical

A merger between “Geely Automobile” and “Volvo Cars” should be ( ) A: geography extensive merger B: pure conglomerate merger C: vertical merger D: horizontal merger

中国大学MOOC: At age 70, ________ turned his attention more closely to railroads, establishing a new conglomerate that revolutionized rail operations by standardizing procedures and timetables, increasing efficiency and decreasing travel and shipment times.