In 2009,Oracle,a Software Company,acquired Sun Microsystems,a Hardware Company

question 57

Multiple Choice

In 2009,Oracle,a software company,acquired Sun Microsystems,a hardware company.Around the same time,Dell purchased Perot Systems,and Xerox bought the IT services company ACS.These diversification events could be based on the _____________,which occurs when firms copy the moves of their industry rivals.

• A) Imitator effect
• B) Bandwagon effect
• C) Diversification effect
• D) Groupthink effect

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Definitions:

Cost Ledger

A ledger that keeps detailed records of the costs associated with production or acquiring inventory.

Cost of Goods Sold

The direct costs attributable to goods produced and sold, including materials, labor, and manufacturing expenses.

Service Provider

An entity that provides services to other entities. This can include businesses that offer services such as internet, telecommunication, healthcare, and other essential services.

Work in Process

Inventory that includes the partially finished goods that are still undergoing manufacturing processes.