Business Growth Strategies

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The process of selling off assets
When one firm takes control of another
A business agreement allowing franchising
When one firm combines with another, resulting in the loss of one business identity (correct)

When one firm takes control of another, resulting in the loss of one business identity (correct)
Transferring tasks to a third party
When one firm combines with another
A business agreement allowing franchising

A business agreement that allows the use of an established business name to sell their products or services.

It has branches (subsidiaries) in more than one country. Signup and view all the answers

The process of selling off assets. Signup and view all the answers

Transferring tasks to a third party. Signup and view all the answers

One firm combining with another; one business identity is lost.

One firm controlling another; one business identity is lost.

Agreement allowing use of an established business name and products/services.

Multinational firm with branches in multiple countries.

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Selling off company assets.

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Merger: One firm combines with another.
Take-over: One firm gains control of another, losing the original firm's identity.
Franchising: A business agreement allowing the use of an established business's name and products/services.
Become a MNC (Multinational Corporation): A company with branches in multiple countries. A key feature is setting up production facilities in more than one country.