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Arturiano [62]
4 years ago
12

Pets R Us has recently acquired Caring for Pets and Pet Go Round. Since they all are similar in market share, Pets R Us is plann

ing to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer. This is an example of which strategy?
Social Studies
1 answer:
Serggg [28]4 years ago
7 0

Answer: external growth strategy

Explanation:

External Growth

External growth refers to the process of advancing the out put of the company using external resources.

This can occur when the company decides to work with another company which can be referred to as merging of two companies or forming partnership .

External growth

Example :

Mergers and acquisitions strategies

- This is done by extending the business geographically or extending the extent to which the product and the market reach.

and Strategic Alliance strategies for example joint ventures

The company can also work with another company that sells similar products which reduces the competition amongst each other and improve production and bargaining power with their suppliers .

It also improves financial efficiency, speed in preparation of the business and tax efficiency .

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He tried to remain nutral.

Explanation:

Washington wanted to stay neutral in this war between France and Britain. The USA wanted to support France, but they didn’t want to go against Britain, because they didn’t have enough forces to fight.

Also, the neutral position of Washington was because of the members of his cabinet, Hamilton and Jefferson, disagreed. This neutral position, Washington formalized in 1793, in a way that he proclaimed neutrality between these two countries.

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When we talk about level of living and options for choice, we are considering Select one: a. life chances. b. social differentia
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Answer: option a= life chances

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