Rinkon Inc

Multiple Choice

Rinkon Inc., an automobile company, purchased its competitor TrackRoads Inc.that had similar production quantities and a sufficient amount of raw materials.This takeover was done to decrease the unit cost production of Rinkon and to increase its production using more equipment in Rinkon.This strategy led to record profits and more customers investing their finances on cars manufactured by Rinkon.The scenario best illustrates the:

A) acquisition strategy.
B) pricing strategy.
C) cost-management strategy.
D) investment strategy.