Respuesta :
Answer:
The correct answer is C
Explanation:
Consolidation strategy is the stage or the phase in the company or the industry lifecycle, where the segments or parts in the company or in the industry begin to merge.
Business mostly consolidate in order to gain the larger portion of the market share so as to take the benefit of synergies.
In short, this strategy, states the acquisition and merger of the smaller companies into a much larger for the economic benefit.
So, in this case, the Magnet adopted or followed the strategy of consolidation.
Answer:
c. consolidation strategy
Explanation:
Consolidation Strategy: It is a strategy of merging and acquiring different companies to form a single company for economic benefit and gain competitive advantage. It increase scale and scope of the company by mean of technologies, infrastructure, skills, etc. Sometime these strategy are used to gain geographical benefit. Several businesses are consolidated to form a larger organization.
In the given case, Magnet Inc. have acquired rivals to form a bigger organization that acquire a monopolistic market power in the declining industry.
