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Consider the Following Three Companies and Their Strategies

question 9

Multiple Choice

Consider the following three companies and their strategies. •Company A is an established database management company that acquires a well-reputed but small publishing house to enter the booming publishing industry.
•Company B, a sports management house, declared bankruptcy during a recent recession but now has created a television network that airs regional sports events.
•Company C, a package delivery business, is a startup based on delivery efficiency models created by a few students, and delivers almost all kinds of packages.
The use of strategies by these three companies accurately can be analyzed by saying that


Definitions:

Service Charge

A fee collected for services provided, often added to transactions in finance, hospitality, or banking.

Condensed Income Statements

Simplified financial statements that summarize the revenue, costs, and expenses incurred during a specified period, showing the net income or loss.

Merchandising Companies

Businesses that purchase goods in a finished state and sell them as is, making profits from the sales margin.

Insurance In Transit

Coverage that protects goods from loss or damage while they are being transported from one place to another.

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