which of the following statements about horizontal mergers is true? horizontal mergers enable companies to achieve economies of scale. horizontal mergers result in the fragmentation of the industry. the horizontal merger strategy has been very successful in businesses with zero cases of failure. companies that establish a network of distributor outlets to obtain the advantages of a low-cost position are known as horizontal mergers. companies that adopt the strategy of centralization to gain control over all business units are known as horizontal mergers.

Any merger or corporate reorganization that takes place between businesses engaged in the same industry is referred to as a horizontal merger. Since businesses in the same industry frequently face greater competition, merging businesses stand to benefit greatly from synergies and potential market share gains.

Due to larger businesses' attempts to establish more effective economies of scale, this kind of merger happens frequently. A vertical merger, on the other hand, happens when businesses from various links in the supply chain combine efforts to improve productivity or lower the cost of production.

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