A Method Developed in the Mid-1990s as an Efficient Means

question 29

Multiple Choice

A method developed in the mid-1990s as an efficient means to quickly consolidate a fragmented industry can be referred to as a

• A) merger.
• B) strategic rollup.
• C) cost strategy.
• D) differentiation strategy.
• E) focus strategy.

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Definitions:

Farmers

Individuals engaged in agriculture, raising living organisms for food or raw materials.

Railroads

A network of tracks on which trains run, serving as a crucial mode of transportation for goods and passengers over land, and instrumental in the industrial development and expansion of territories.

Labor Movement

The collective organization of working people developed to represent and campaign for better working conditions and treatment from their employers and political authorities.

Europe

A continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere, known for its rich history, cultural diversity, and economic influence.