The business strategy of acquisition is often used to acquire new technology that a firm needs to broaden its product line.

Name: The business strategy of acquisition is often used to acquire new technology that a firm needs to broaden its product line.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

Acquisitions allow firms to quickly gain access to new technologies or capabilities that they may lack, enabling them to expand or enhance their product offerings more rapidly than developing the technology in-house.

The Business Strategy of Acquisition Is Often Used to Acquire