It occurs when two businesses or organizations combine to form a totally new entity. Proprietorship false Acquisition false Partnership false Merger  true Single They take place when a business and its supplier or customer combines operations. Horizontal mergers false Vertical mergers true Congeneric mergers false Conglomerate mergers false Single It happens when two companies from the same industry combine to form a new entity that can offer a wider range of products and services. Concentric merger true Conglomerate merger false Vertical merger false Horizontal merger false Single This happens when two firms that produce the same product and service decide to combine. Vertical mergers false Congeneric mergers false Horizontal mergers true Conglomerate mergers false Single This is one of the reasons why companies go with mergers and acquisitions because combined business activities and processes may cut down costs and freeing up more cash flows for the entity. Synergy true Growth false Competition false Increased supply-chain pricing power false Single These occurs when two companies from different industries that have unrelated business activities combine. Horizontal mergers false Vertical mergers false Concentric mergers false Conglomerate mergers true Single This happens when a company buys another company to form part of their business. Merger false Partnership false Acquisition true Competition false Single This occurs when both companies want to develop a new product or reach a new market. Conglomerate mergers true Congeneric mergers false Horizontal mergers false Vertical mergers false Single This occurs when the acquiring party buys out majority of the shares of the other party. Merger false Acquisition true Partnership false Proprietorship false Single The following are reasons why companies choose to have mergers and acquisitions except one. What is it? Synergy  false Growth false Distribution channels true Competition elimination false Single