Pets R Us has recently acquired Caring for Pets and Pet Go Round.Since they all are similar in market share,Pets R Us is planning to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer.This is an example of which strategy?
A) Internal growth strategy
B) Retrenchment strategy
C) External growth strategy
D) Divestment strategy
E) Concentration strategy
Correct Answer:
Verified
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