___________ Occurs When Navistar a Large Shipping Company Buys Smaller

question 33

Multiple Choice

___________ occurs when Navistar a large shipping company buys smaller tugboat operations in several major ports and incorporates them into their operations.

• A)An acquisition
• B)A merger
• C)A growth strategy
• D)A combination strategy

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Definitions:

Unanticipated Social Change

Changes in society that occur unexpectedly, often as a result of innovation or events that were not foreseen.

Marshall McLuhan

A pioneering Canadian philosopher and educator known for his work on media theory, who coined the expressions "the medium is the message" and "global village."

Medium Itself

Refers to the actual communication channel or medium through which information or content is delivered and its inherent characteristics.

Technology Industrialization

The transformation and development of industries to incorporate advanced technologies in their processes, enhancing efficiency and productivity.