When a firm uses the ________ strategy, it identifies and acquires new entrants or establishes an alliance with them.
A) containment
B) shaping
C) annulment
D) absorption

Question

Quizplus · Accepted Answer

The strategy of identifying and acquiring new entrants or establishing an alliance with them is known as the absorption strategy. This allows the firm to expand their reach and resources by bringing in new businesses to add to their portfolio.

When a Firm Uses the ________ Strategy, It Identifies and Acquires