In many instances, growth through acquisition is _________ than building a new business from scratch.

Question

Quizplus · Accepted Answer

Acquiring an existing business can be cheaper and faster than building a new business from scratch because it eliminates the need to create a brand, develop a customer base, establish supply chain relationships, and create products or services from scratch. Acquiring an established business provides an opportunity to gain access to existing assets, resources, and customer base, which can accelerate growth.

In Many Instances, Growth Through Acquisition Is _________ Than Building