EMC, a Data Storage Company, Took Over a Company Called

question 45

Multiple Choice

EMC, a data storage company, took over a company called Documentation, which makes software designed to help companies organize data such as emails, medical records, and spreadsheets. This is an example of which of the following for EMC?

• A) joint venture
• B) merger
• C) acquisition
• D) voluntary union

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Definitions:

Leadership Abilities

Skills and qualities that enable an individual to guide, influence, or direct the performance and progress of a group toward achieving specific objectives.

Exit Strategy

A planned approach for a business owner or investor to exit their investment in a company, typically through selling or transferring ownership.

Merge

The combination of two or more entities into one, often with the goal of synergy or efficiency improvement.

Sell

The act of exchanging a product or service for money or other forms of consideration.