Chapter 8, Section 3 (Part 2)

Terms to know: A horizontal merger describes the

combining of companies that offer the same or similar products or services.

A vertical merger describes the combining of companies involved in different steps of production or marketing of a product or service.

Terms to know A conglomerate results from the merger of

companies that produce unrelated goods or services.

A multinational corporation is a large corporation with branches in several countries.

Conglomerate: Proctor & Gamble

Conglomerate: Mitsubishi