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:

Credit Instrument

A document that evidences a debt and the promise of repayment, such as bonds, notes, or mortgages.

Transferor's Warranties

Guarantees made by a seller (transferor) to a buyer about the condition, legality, and ownership status of the goods or property being sold.

Presenter's Warranties

Guarantees made by the presenter of a negotiable instrument, such as a check, regarding its legitimacy and their authority to present it.

Implied Warranties

Legal guarantees assumed in a transaction, suggesting that a product will meet certain standards even if not explicitly stated.