Shockwave Services is a mobile service providing company based in Chicago.In order to expand its market,the firm acquires a travel agency in Chicago that provides tourist packages at low prices.Which of the following offensive strategies is Shockwave Services pursuing?
A)divest for cash flow
B)enter related new markets
C)develop new markets
D)harvest for cash flow
E)enter unrelated new markets

Question

Quizplus · Accepted Answer

Shockwave Services is entering an unrelated new market by acquiring a travel agency, which is not directly related to its core mobile service business.

Shockwave Services Is a Mobile Service Providing Company Based in Chicago.In