In a bid to expand its business and build a national brand, Omega Inc. has acquired several competing outlets in different locations. All the outlets are responsible for the production of smaller components. Omega believes that having a larger enterprise that can offer a full portfolio of products, it can gain an edge over smaller rivals when selling to other companies. Which of the following strategies has Omega Inc. most likely used?
A. Chaining
B. Franchising
C. Horizontal merger
D. Niche strategy
E. Divestment strategy
Answer: C
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A questionnaire should contain sophisticated and uncommon words
Indicate whether the statement is true or false
On December 1, Watson Enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with Erikson Company. What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.)
A. $80 B. $160 C. $320 D. $960 E. $0
Randall Company manufactures chocolate bars. The following were among Randall's manufacturing costs during the current year: Wages Machine operators$300,000 Selling and Administrative personnel$75,000 Materials used Lubricant for oiling machinery$25,000 Cocoa, sugar, and other raw materials$225,000 Packaging materials$190,000 Randall's direct labor costs amounted to:
A. $300,000 B. $400,000 C. $175,000 D. $375,000
An advantage of both traditional and Roth IRAs is that both the income invested and the earnings from these investments are never taxed.
Answer the following statement true (T) or false (F)