Practicing Success
Practicing Success
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| Which of the following is NOT a form of external expansion for a business? |
Mergers Acquisitions Franchising None of the above |
| None of the above |
| All are forms of external expansion. External expansion refers to business combination where two or more concerns combine and expand their business activities. In the process of combination, two or more units engage in similar business or related process or stages. Sometimes stages of the same business join with a view to carry on their activities or shape, their polices on common basis some other or in coordination for mutual benefit or maximum profits. The combination may be among competing units or units engaged in different processes. After combination, the constituted firm pursues some common objectives or goals. |
