In a Bid to Expand Its Business and Gain Cost

question 71

Multiple Choice

In a bid to expand its business and gain cost advantages, Omega Inc. has established several merchandising outlets in different locations. All the outlets share a good network and are interconnected by information technology. The entire network of outlets operates in the industry as one large company. Which of the following strategies has Omega Inc. most likely used ?

• A) Chaining
• B) Franchising
• C) Horizontal merger
• D) Niche strategy
• E) Divestment strategy

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Definitions:

Canadian Divorce

The legal process in Canada that terminates a marriage under the federal Divorce Act, which includes provisions for the division of property, spousal support, and child custody.

Ever-Increasing Cost

Refers to the continual rise in prices or expenses, often linked with living costs, healthcare, education, etc.

Negative Impact

An adverse effect or harm that occurs as a result of an action, event, or decision.

Gender Gap

The disparities between men and women in various aspects of society, including but not limited to, income, career advancement opportunities, and political representation.