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1. In each of the following instances, discuss whether horizontal or vertical boundaries have been changed, and whether they were extended or shrunk. (A) Conglomerate,

1. In each of the following instances, discuss whether horizontal or vertical boundaries have been changed, and whether they were extended or shrunk.

(A) Conglomerate, General Electric, divested its subsidiary, NBC Universal, to be merged with cable TV provider, Comcast.

(B) Hewlett-Packard said it is exploring a spinoff of its PC business and has bid $10.25 billion to acquire software maker Autonomy.

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