Which External Growth Strategy Was Demonstrated When Procter & Gamble

question 67

Multiple Choice

Which external growth strategy was demonstrated when Procter & Gamble completely absorbed Gillette?

• A) merger
• B) strategic alliance
• C) diversification
• D) concentration
• E) acquisition

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Definitions:

Fine Imposed

A penalty, usually in the form of a monetary payment, levied on an individual or entity for violating laws or regulations.

Long-Run Equilibrium

A state in a market where all firms are making normal profits, and there is no incentive for firms to enter or exit the industry.

Plaster

A building material used for coating walls and ceilings, which hardens after application.

Labor

The human effort, both physical and mental, that is used to produce goods and services.