Solved

Colleen Is Successful After the First 3 Years, and She

Question 61

Multiple Choice

Colleen is successful after the first 3 years, and she is approached by a competitor who is nearing retirement age.The competitor is interested in selling his business to Colleen.For Colleen, this would be a(n) ________ strategy.


A) unrelated diversification
B) horizontal integration
C) vertical integration
D) retrenchment

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q28: Casey majored in marketing and really enjoyed

Q34: When conducting a SWOT analysis, threats are

Q49: If Burger King were to buy out

Q56: Recently, you also purchased a company that

Q57: Which of the following provides a framework

Q59: An internal analysis will help Patrick identify

Q62: How can an organization develop strategic flexibility?<br>A)

Q63: Ariel is considering forgoing the retail side

Q85: A retrenchment strategy is a short-run renewal

Q102: The final step in the strategic management