Which type of Growth Strategy did Exxon and Mobil use when they decided to come together as one to form the company Exxon-Mobil?
A)Merger
B)Acquisition
C)Spinoff
D)Diversification

Question

Quizplus · Accepted Answer

Exxon and Mobil used a merger strategy when they decided to come together as one to form the company Exxon-Mobil. A merger is a type of growth strategy where two companies decide to combine their operations to form a new entity. In this case, Exxon and Mobil merged to form Exxon-Mobil.

Which Type of Growth Strategy Did Exxon and Mobil Use