Which of the following is an advantage of growth by means of external growth strategies?
A) clash of corporate cultures
B) increased business complexity
C) loss of organizational flexibility
D) antitrust implications
E) diversification of business risk

Question

Quizplus · Accepted Answer

External growth strategies, such as mergers and acquisitions, allow a company to diversify their business risk by expanding into new markets or acquiring new products/services. This can help reduce the impact of any one market or product on the overall success of the company.

Which of the Following Is an Advantage of Growth by Means