Larry's Company is in the process of buying a smaller competitor and incorporating that company's resources into his business. This is an example of which of the following types of strategies?
A)merger
B)retrenchment
C)acquisition
D)stability

Question

Quizplus · Accepted Answer

An acquisition involves one company purchasing another and integrating its resources into its own operations, which is what Larry's Company is doing.

Larry's Company Is in the Process of Buying a Smaller