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djyliett [7]
2 years ago
3

The Mars acquisition of the Wrigley assets was part of its related constrained diversification and added market share to the Mar

s/Wrigley integrated firm.
It allowed Mars to gain _______ because it could sell its products above the market level or reduce its costs below the market level.

1) market power
2) vertical integration
3) virtual integration
4) multipoint competition
Business
1 answer:
Doss [256]2 years ago
4 0

Answer:

1) market power

Explanation:

Based on the information provided within the question it can be said that this allowed Mars to gain market power. This term refers to a company's ability to manage the products prices above a market level and still prevail over the competition. Mostly because they have a monopoly within the market which is hard to compete against. Which is most likely the case after they acquired the Wrigley assets.

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A cooperative effort among two or more organizations that share a common interest in a business enterprise or undertaking.

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A joint venture is defined as a business agreement where two or more parties pool their resources together to achieve a common goal. Usually profits and losses are shared equally among the parties unless there is an agreement to share otherwise.

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The following U.S. Treasury bond is listed in the The Wall Street Journal: Rate Mo/Yr Bid Asked 9.50 Oct 38 135:30 136:04 This $
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Answer:

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