In recent years,firms found it easier to grow market share by:
A)Switching from the corporate form of ownership to the partnership form of ownership.
B)Merging with other companies or acquiring new companies.
C)Downsizing their operations.
D)Avoiding problems with antitrust regulations.

Question

Quizplus · Accepted Answer

Merging with other companies or acquiring new companies has become a popular way for firms to quickly increase their market share. This strategy allows them to combine their resources and expertise to create a larger and more competitive company. Additionally, by acquiring companies in related industries, firms can expand their product offerings and customer base.

In Recent Years,firms Found It Easier to Grow Market Share