Mike Wearhouse, a clothing retail company, decides to pool operations with another retail store, Elliot's, to create a single business unit called Mike and Elliot's.Which of the following strategies is illustrated in the scenario?

Question

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The scenario illustrates a merger strategy as the two retail companies, Mike Wearhouse and Elliot's, combine their operations to create a single business unit called Mike and Elliot's. A merger involves the combination of two or more entities to create a new entity, which is the case here.

Mike Wearhouse, a Clothing Retail Company, Decides to Pool Operations