Question

Explain the purposes of business combinations​

Answer 1

Answer:

Business combination implies the coming together of firms, under common control. The objective was to pool their production, marketing, finance and profits. Combinations are formed both nationally as well as on global levels for any of the following reasons:

1.Fixation of prices.

2.Regulation of output.

3.Eliminating competition.

4.Creating entry barriers to prevent entry of new competitors.

5.To establish monopolies.

5.Undertake joint research and development.

6.Utilization of resources.

Explanation:

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Answer 2

Answer:

Good morning

Explanation:

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