Which of the Following Has Contributed to the Growth in Private

question 24

Multiple Choice

Which of the following has contributed to the growth in private security in the U.S.?

• A) A decrease in fear of crime on the part of the public.
• B) The problem of crime in the workplace.
• C) The increase in budgets in states and municipalities.
• D) A decreased awareness of private security products.

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Definitions:

Congeneric Merger

A type of acquisition where two companies operate in the same industry but do not offer the same products or services.

Combining Companies

The process of merging or acquiring companies to enhance competitive advantage, expand market share or diversify offerings.

Related Businesses

Entities or companies that are connected by activities, products, services, or market sectors.

Oligopoly

A market structure characterized by a few firms dominating the market, which can lead to limited competition and potentially higher prices for consumers.