Shockwave Services Is a Mobile Service Providing Company Based in Chicago.In

question 34

Multiple Choice

Shockwave Services is a mobile service providing company based in Chicago.In order to expand its market,the firm acquires a travel agency in Chicago that provides tourist packages at low prices.Which of the following offensive strategies is Shockwave Services pursuing?

• A)divest for cash flow
• B)enter related new markets
• C)develop new markets
• D)harvest for cash flow
• E)enter unrelated new markets

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Definitions:

Rule of Law

The principle that all individuals, entities, and government are accountable to laws that are publicly promulgated, equally enforced, and independently adjudicated.

Confiscated

Property that has been taken away from its owner by a governmental authority as a penalty or for regulatory reasons.

Transactional Risks

The potential for financial loss that a company faces when engaging in business transactions, especially in foreign markets.

Customary Law

Laws derived from experience, practice, collective wisdom, and shared philosophy to set the boundaries and rights that define relationships between community members.