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      Question

      When two or more companies come together to expand their

      business operations in a newly created entity, it is called _________.
      A a merger Correct Answer Incorrect Answer
      B a partnership Correct Answer Incorrect Answer
      C an acquisition Correct Answer Incorrect Answer
      D a joint venture Correct Answer Incorrect Answer

      Solution

      A merger is a corporate strategy in which two or more companies combine their assets, operations, and resources to form a single new company. In a merger, one company may acquire another company, or two companies may agree to merge and create a new entity.

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