Genra Technologies,a computer manufacturer that specializes in custom-built computers,recently entered into an agreement with Fronton Corp.,a computer hardware manufacturer.According to the agreement,the operations and management control of Fronton Corp.will be transferred to Genra Technologies.In addition,Fronton Corp.will be a unit of Genra Technologies.The given scenario is an example of a(n)_____.
A) strategic investment
B) contractual alliance
C) merger
D) acquisition

Question

Quizplus · Accepted Answer

The scenario describes an acquisition where Genra Technologies takes over the operations and management control of Fronton Corp., making it a unit of Genra Technologies.

Genra Technologies,a Computer Manufacturer That Specializes in Custom-Built Computers,recently Entered