Pets R Us Has Recently Acquired Caring for Pets and Pet

question 82

Multiple Choice

Pets R Us has recently acquired Caring for Pets and Pet Go Round.Since they all are similar in market share,Pets R Us is planning to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer.This is an example of which strategy?

• A)Internal growth strategy
• B)Retrenchment strategy
• C)External growth strategy
• D)Divestment strategy
• E)Concentration strategy

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Definitions:

Accounting Records

Documentation and books that record all of the financial transactions of a business.

Property Taxes

Levies imposed by local governments on real estate owners based on the value of their property to fund public services such as schools, roads, and emergency services.