The owner of a hardware store has agreed to sell his business to another local hardware store owner. The purchaser would likely be described as a sale to a _____ buyer.
A) competing
B) employee
C) financial
D) strategic

Question

Quizplus · Accepted Answer

A sale to a strategic buyer typically involves the purchase of a business by another business that seeks to expand its operations or capabilities through the acquisition. In this case, the purchaser is likely a local hardware store owner looking to expand their business by acquiring the seller's hardware store.

The Owner of a Hardware Store Has Agreed to Sell