Which of the following is an advantage of growth by means of external growth strategies?
A) Gaining access to new products and markets
B) Increased business complexity
C) Clash of corporate cultures
D) Antitrust implications
E) Loss of organizational flexibility

Question

Quizplus · Accepted Answer

External growth strategies, such as mergers and acquisitions, can allow a company to gain access to new products and markets that it may not have been able to reach on its own. This can lead to increased revenue and market share. However, the other options listed (B-E) are disadvantages or challenges that companies may face when pursuing external growth.

Which of the Following Is an Advantage of Growth by Means