Wisher Technologies became a large software development company through a merger with Ringus Tech., a growing software solutions firm. Since both the companies had similar core capabilities, this would be classified as an example of _____.
A)related differentiation
B)related diversification
C)an integrated acquisition
D)competency acquisition
E)unrelated diversification

Question

Quizplus · Accepted Answer

The merger of two companies with similar core capabilities is an example of related diversification, which means expanding a company's business activities into areas that are similar to its current operations.

Wisher Technologies Became a Large Software Development Company Through a Merger