When a Firm Uses the ________ Strategy, It Identifies and Acquires

question 43

Multiple Choice

When a firm uses the ________ strategy, it identifies and acquires new entrants or establishes an alliance with them.

• A) containment
• B) shaping
• C) annulment
• D) absorption

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Definitions:

New Technology

Recent innovations and advancements in technology that have not been widely adopted or are in the process of being introduced to the market.

Organizations

Groups or institutions with a specific purpose, structured to enable collective action toward shared goals.

IT Benefits

Advantages provided by information technology, including improved efficiency, better communication, and enhanced data management.

Tangible

Objects or things that can be physically touched and seen.