**Question : ****Case Study 3:**MNO Inc. is a well-known conglomerate that is planning to diversify its business operations by acquiring other companies.Question :MNO Inc. is interested in acquiring other companies to diversify its business. Which market activity would be involved in this scenario?Option 1: Treasury bill trading
 Option 2: Commercial paper issuance
 Option 3: Mergers and acquisitionsOption 4: Government bond trading

Correct Answer: Mergers and acquisitions

Solution : The correct answer is (c) Mergers and acquisitions

MNO Inc.’s interest in acquiring other companies to diversify its business involves the market activity of mergers and acquisitions (M&A). Mergers and acquisitions refer to the process of combining two or more companies or business entities, typically with the aim of enhancing growth, market share, synergy, or diversification. Mergers and acquisitions play a crucial role in corporate strategy and growth, allowing companies like MNO Inc. to expand into new markets, enter new industries, acquire valuable assets, and achieve strategic objectives.