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3. Alpha company has merged with Beta & Co. Both firms are specialized in manufacturing furniture. After merger, they have reduced their staff from 44,000

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3. Alpha company has merged with Beta & Co. Both firms are specialized in manufacturing furniture. After merger, they have reduced their staff from 44,000 to 39,000. What is the main motive for this merger? * Achieving economies of scale Achieving economies of vertical integration Using their complementary resources Having an industry consolidation O None of the above

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