Tasty Treats, a cookie manufacturer, combines with Minty Goodies, a chocolate manufacturer, to form a company called Yummy, Inc. This scenario illustrates a(n)

A) consolidation.
B) partnership.
C) acquisition.
D) merger.
E) strategic alliance.

Merger

The combination of two or more companies into a single entity, with the goal of increasing market share or efficiency.

Cookie Manufacturer

A company or business entity involved in the production and distribution of cookies.

Chocolate Manufacturer

A company or business involved in the process of making chocolate from raw cocoa beans, including roasting, grinding, and refining.