A(n) ________ Occurs When One Company Buys the Property and Obligations

question 57

Multiple Choice

A(n) ________ occurs when one company buys the property and obligations of another company.

• A) cooperative
• B) hostile takeover
• C) leveraged buyout
• D) acquisition

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Definitions:

Cost-Based Advantages

Competitive advantages a company gains by reducing its costs below the industry average, often leading to lower prices or higher margins.

Functional Design

Functional design refers to creating items, systems, or processes that prioritize practicality and efficiency while meeting specific objectives.

Low-Cost Strategy

A business strategy aimed at becoming the lowest-cost producer in the industry or market, thereby allowing the company to offer its products or services at lower prices than competitors.

Focused Strategy

A strategy utilized by companies to focus on a particular market segment or demographic, offering customized products or services.