BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Greg inherited $500, 000 from a family friend who passed away last year. He had been thinking about opening a retail store that sells video games. Greg finds a business opportunity with a supplier that sells travel cases for video gaming systems. They decide to merge together. This would be a(n) example of a ____ strategy.
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unrelated diversification
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horizontal integration
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vertical integration
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related diversification
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Explanation:
Detailed explanation-1: -The key defining characteristic of a primary market is that securities on it are purchased directly from an issuer-as opposed to being bought from a previous purchaser or investor, “second-hand” so to speak. Investors typically pay less for securities on the primary market than on the secondary market.
Detailed explanation-2: -Which of the following actions is a short-term solution when a financial crisis arises? Pay off expenses using one’s credit cards.
There is 1 question to complete.