Which of the Following Statements About Trek Bicycles Is False

question 202

Multiple Choice

Which of the following statements about Trek Bicycles is false?

• A) Trek's funds a nonprofit organization called Dream Bikes to teach youth to fix and repair donated bikes.
• B) Trek has an extensive product line of bicycles.
• C) Trek has always been on the cutting edge, using the latest innovations in its designs.
• D) Trek views the bicycle as an important form of alternative transportation, not just as recreation.
• E) Trek's business model has evolved from manufacturing bicycles to marketing other two- and four-wheeled vehicles, such as motorcycles and all-terrain vehicles (ATVs).

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Definitions:

Joint Goal

An objective or target shared by two or more parties who are working together to achieve it.

Poison Pills

A strategic approach adopted by corporations to fend off hostile takeover attempts by rendering themselves less appealing to the interested buyer.

Strategic Fits

The degree to which the strategies and operations of two or more businesses or units complement and reinforce each other.

Acquisitions

The process of obtaining control of another company by purchasing or exchanging shares.