Which of the following reasons motivated Facebook to acquire Instagram,a photo and video-sharing social media site,for $1 billion in 2012?
A) the desire to gain a new capability
B) the need to enter a new geographical market
C) the need to reduce its level of horizontal integration
D) the desire to pursue an unrelated diversification strategy
Correct Answer:
Verified
Q2: Disney became the world's leading media company
Q6: A drawback involved in using cross-border strategic
Q12: Which of the following scenarios best illustrates
Q13: PureSource Pharma Inc.recently acquired BioChem Pharmaceuticals Inc.It
Q16: The Mansion Hotel Group purchased Red Brick
Q18: How does horizontal integration within an industry
Q22: A _ is best described as a
Q63: Which of the following is a result
Q64: It is necessary for government authorities such
Q67: Google, the leader in online search and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents